Q4 EPS Forecast for O'Reilly Automotive Increased by Analyst

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) - Investment analysts at Wedbush boosted their Q4 2024 EPS estimates for O'Reilly Automotive in a research note issued to investors on Thursday, October 24th. Wedbush analyst S. Basham now anticipates that the specialty retailer will earn $9.88 per share for the quarter, up from their prior estimate of $9.56. Wedbush currently has a "Neutral" rating and a $1,200.00 price objective on the stock. The consensus estimate for O'Reilly Automotive's current full-year earnings is $41.05 per share. Wedbush also issued estimates for O'Reilly Automotive's Q3 2025 earnings at $12.33 EPS.

Several other equities analysts also recently weighed in on the company. Truist Financial raised their target price on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a research report on Friday. Wells Fargo & Company lifted their target price on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an "overweight" rating in a research note on Monday, October 14th. Roth Capital upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research report on Tuesday, October 15th. UBS Group lowered their price target on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating on the stock in a research report on Thursday, July 18th. Finally, Roth Mkm reaffirmed a "buy" rating and set a $1,337.00 price objective on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,242.13.

O'Reilly Automotive Price Performance

O'Reilly Automotive stock traded down $4.55 during midday trading on Friday, reaching $1,195.22. The company had a trading volume of 238,279 shares, compared to its average volume of 374,296. O'Reilly Automotive has a 12-month low of $895.88 and a 12-month high of $1,221.18. The company has a market capitalization of $69.33 billion, a P/E ratio of 30.22, a P/E/G ratio of 2.29 and a beta of 0.92. The firm's fifty day simple moving average is $1,149.00 and its 200-day simple moving average is $1,081.47.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). O'Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the business posted $10.72 EPS. O'Reilly Automotive's revenue was up 3.8% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC raised its holdings in shares of O'Reilly Automotive by 99,957.0% in the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock valued at $984,027,000 after purchasing an additional 853,633 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of O'Reilly Automotive by 56.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer's stock valued at $1,180,259,000 after acquiring an additional 376,167 shares during the last quarter. CCLA Investment Management purchased a new position in shares of O'Reilly Automotive in the 1st quarter valued at about $95,481,000. Marshall Wace LLP raised its position in shares of O'Reilly Automotive by 809.8% during the 2nd quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer's stock worth $96,078,000 after acquiring an additional 80,978 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in O'Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer's stock valued at $5,739,462,000 after purchasing an additional 75,837 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Dana Perlman sold 48 shares of the company's stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the transaction, the director now directly owns 1,097 shares in the company, valued at approximately $1,217,406.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the sale, the senior vice president now directly owns 265 shares in the company, valued at $296,800. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dana Perlman sold 48 shares of the business's stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the transaction, the director now owns 1,097 shares of the company's stock, valued at approximately $1,217,406.72. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,411 shares of company stock valued at $56,846,062. 1.55% of the stock is currently owned by insiders.

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.