O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,110.07 Average Target Price from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have received a consensus rating of “Moderate Buy” from the sixteen analysts that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $1,110.07.

A number of analysts recently weighed in on the stock. UBS Group upped their target price on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Barclays upped their target price on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Wedbush reissued a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Finally, Evercore ISI lowered their target price on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th.

Insider Activity

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the transaction, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the transaction, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the transaction, the senior vice president now directly owns 963 shares in the company, valued at $1,000,200.69. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock valued at $27,269,333 over the last three months. 1.18% of the stock is owned by insiders.

Hedge Funds Weigh In On O’Reilly Automotive

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Groesbeck Investment Management Corp NJ boosted its position in shares of O’Reilly Automotive by 0.7% during the fourth quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer’s stock worth $1,306,000 after purchasing an additional 10 shares in the last quarter. Lindbrook Capital LLC boosted its position in shares of O’Reilly Automotive by 3.9% during the fourth quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer’s stock worth $251,000 after purchasing an additional 10 shares in the last quarter. Pinnacle Associates Ltd. boosted its position in shares of O’Reilly Automotive by 1.4% during the first quarter. Pinnacle Associates Ltd. now owns 726 shares of the specialty retailer’s stock worth $820,000 after purchasing an additional 10 shares in the last quarter. Western Pacific Wealth Management LP boosted its position in shares of O’Reilly Automotive by 11.6% during the third quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock worth $96,000 after purchasing an additional 11 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of O’Reilly Automotive by 2.4% during the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after purchasing an additional 11 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $1,013.26 on Friday. The firm’s 50-day moving average is $1,096.47 and its 200-day moving average is $1,018.34. O’Reilly Automotive has a 52-week low of $860.10 and a 52-week high of $1,169.11. The company has a market cap of $59.81 billion, a price-to-earnings ratio of 25.72, a PEG ratio of 1.91 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $8.28 EPS. Equities analysts predict that O’Reilly Automotive will post 41.79 EPS for the current 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.