O'Reilly Automotive Inc (NASDAQ:ORLY) – Investment analysts at Wedbush upped their FY2017 EPS estimates for O'Reilly Automotive in a research report issued on Tuesday. Wedbush analyst S. Basham now forecasts that the specialty retailer will post earnings of $12.02 per share for the year, up from their prior estimate of $11.98. Wedbush has a “Neutral” rating and a $250.00 price objective on the stock.
O'Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, beating the Zacks’ consensus estimate of $3.15 by $0.07. O'Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period last year, the firm posted $2.90 earnings per share. The business’s revenue for the quarter was up 5.3% on a year-over-year basis.
ORLY has been the topic of a number of other reports. Oppenheimer set a $220.00 price target on O'Reilly Automotive and gave the company a “buy” rating in a research note on Thursday, October 26th. Credit Suisse Group set a $193.00 price target on O'Reilly Automotive and gave the company a “hold” rating in a research note on Thursday, October 26th. UBS Group reissued a “buy” rating and set a $240.00 price target (up from $230.00) on shares of O'Reilly Automotive in a research note on Thursday, October 19th. Zacks Investment Research raised O'Reilly Automotive from a “hold” rating to a “buy” rating and set a $272.00 price target on the stock in a research note on Wednesday, December 27th. Finally, Citigroup lifted their price target on O'Reilly Automotive from $276.00 to $283.00 and gave the company a “buy” rating in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. O'Reilly Automotive has an average rating of “Buy” and an average price target of $247.27.
Shares of O'Reilly Automotive (NASDAQ:ORLY) opened at $257.68 on Wednesday. O'Reilly Automotive has a 12 month low of $169.43 and a 12 month high of $283.97. The company has a market capitalization of $21,660.00, a PE ratio of 21.93, a PEG ratio of 1.34 and a beta of 0.84. The company has a debt-to-equity ratio of 4.72, a quick ratio of 0.10 and a current ratio of 0.93.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Aurora Investment Counsel bought a new stake in O'Reilly Automotive during the fourth quarter worth $3,143,000. Atlantic Trust Group LLC grew its holdings in O'Reilly Automotive by 30.1% during the third quarter. Atlantic Trust Group LLC now owns 70,065 shares of the specialty retailer’s stock worth $15,090,000 after buying an additional 16,217 shares in the last quarter. Parametric Portfolio Associates LLC grew its holdings in O'Reilly Automotive by 19.9% during the third quarter. Parametric Portfolio Associates LLC now owns 189,105 shares of the specialty retailer’s stock worth $40,728,000 after buying an additional 31,379 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in O'Reilly Automotive during the third quarter worth $225,000. Finally, Hartline Investment Corp grew its holdings in O'Reilly Automotive by 3.0% during the third quarter. Hartline Investment Corp now owns 34,452 shares of the specialty retailer’s stock worth $7,420,000 after buying an additional 1,015 shares in the last quarter. Hedge funds and other institutional investors own 88.33% of the company’s stock.
In other O'Reilly Automotive news, SVP Scott E. Kraus sold 1,500 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $212.49, for a total value of $318,735.00. Following the completion of the sale, the senior vice president now directly owns 2,959 shares in the company, valued at $628,757.91. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Randy Johnson sold 1,040 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $241.34, for a total value of $250,993.60. Following the completion of the sale, the senior vice president now owns 9,263 shares of the company’s stock, valued at $2,235,532.42. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 149,945 shares of company stock worth $33,782,766. 3.12% of the stock is owned by insiders.
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About O'Reilly Automotive
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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