O’Reilly Automotive, Inc. (NASDAQ:ORLY) Given Average Recommendation of “Moderate Buy” by Analysts

O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) has been assigned a consensus rating of “Moderate Buy” from the fifteen brokerages that are presently covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $719.58.

Several equities analysts have recently issued reports on the company. Truist Financial reduced their target price on O’Reilly Automotive from $837.00 to $788.00 in a research note on Friday, April 29th. StockNews.com assumed coverage on O’Reilly Automotive in a research note on Thursday, March 31st. They set a “buy” rating on the stock. Wells Fargo & Company reduced their target price on O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 8th. Bank of America raised O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $730.00 target price on the stock in a research note on Tuesday, May 10th. Finally, Citigroup reduced their target price on O’Reilly Automotive from $720.00 to $662.00 in a research note on Friday, May 13th.

Shares of ORLY stock opened at $608.82 on Thursday. O’Reilly Automotive has a fifty-two week low of $546.16 and a fifty-two week high of $748.68. The stock has a 50 day moving average price of $635.52 and a two-hundred day moving average price of $662.37. The company has a market capitalization of $40.01 billion, a P/E ratio of 19.51, a PEG ratio of 1.42 and a beta of 1.04.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last announced its quarterly earnings data on Wednesday, April 27th. The specialty retailer reported $7.17 earnings per share for the quarter, missing the consensus estimate of $7.43 by ($0.26). O’Reilly Automotive had a net margin of 15.85% and a negative return on equity of 2,699.29%. The company had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the previous year, the firm posted $7.06 EPS. On average, equities analysts forecast that O’Reilly Automotive will post 32.62 EPS for the current year.

In other O’Reilly Automotive news, SVP Jeffrey Lynn Groves acquired 175 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, May 23rd. The stock was bought at an average cost of $572.77 per share, for a total transaction of $100,234.75. Following the acquisition, the senior vice president now owns 721 shares of the company’s stock, valued at $412,967.17. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Richard Darin Venosdel sold 4,754 shares of O’Reilly Automotive stock in a transaction dated Thursday, April 7th. The stock was sold at an average price of $725.00, for a total value of $3,446,650.00. Following the completion of the sale, the senior vice president now owns 4,200 shares of the company’s stock, valued at $3,045,000. The disclosure for this sale can be found here. 1.73% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lloyd Advisory Services LLC. purchased a new position in O’Reilly Automotive in the first quarter worth about $26,000. Riverview Trust Co purchased a new position in O’Reilly Automotive in the first quarter worth about $27,000. Mascoma Wealth Management LLC purchased a new position in O’Reilly Automotive in the fourth quarter worth about $30,000. Atlas Capital Advisors LLC purchased a new position in O’Reilly Automotive in the fourth quarter worth about $30,000. Finally, Comprehensive Financial Consultants Institutional Inc. purchased a new position in O’Reilly Automotive in the fourth quarter worth about $28,000. Institutional investors own 82.76% of the company’s stock.

O’Reilly Automotive Company Profile (Get Rating)

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. 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.

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