O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,390.81 Average Target Price from Brokerages

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been given a consensus rating of “Buy” by the eighteen research firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $1,390.81.

Several analysts have recently commented on the company. UBS Group increased their price objective on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a report on Friday, February 7th. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Wedbush raised their target price on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Barclays raised their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th.

Insider Buying and Selling at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. This trade represents a 21.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now owns 275 shares in the company, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,894 shares of company stock worth $10,409,618. Insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On O’Reilly Automotive

Institutional investors have recently modified their holdings of the business. Lee Danner & Bass Inc. acquired a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $30,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $31,000. Kestra Investment Management LLC acquired a new stake in O’Reilly Automotive in the 4th quarter worth about $32,000. Finally, Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive in the 3rd quarter worth about $32,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Down 0.3 %

Shares of NASDAQ ORLY opened at $1,339.09 on Wednesday. O’Reilly Automotive has a 12-month low of $947.49 and a 12-month high of $1,389.05. The stock’s fifty day simple moving average is $1,304.82 and its two-hundred day simple moving average is $1,231.37. The stock has a market capitalization of $76.69 billion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91.

O’Reilly Automotive’s stock is going to split on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly issued shares will be distributed to shareholders after the market closes on Monday, June 9th.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, equities analysts predict that O’Reilly Automotive will post 43.94 earnings per share for the current fiscal year.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.