O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) - Analysts at Roth Capital dropped their FY2024 earnings per share (EPS) estimates for O'Reilly Automotive in a research note issued to investors on Monday, October 28th. Roth Capital analyst S. Stember now forecasts that the specialty retailer will post earnings per share of $40.61 for the year, down from their prior estimate of $40.92. Roth Capital currently has a "Strong-Buy" rating on the stock. The consensus estimate for O'Reilly Automotive's current full-year earnings is $40.85 per share. Roth Capital also issued estimates for O'Reilly Automotive's Q4 2024 earnings at $9.45 EPS, Q3 2025 earnings at $12.11 EPS, Q4 2025 earnings at $11.01 EPS, FY2025 earnings at $45.45 EPS, Q1 2026 earnings at $12.25 EPS, Q2 2026 earnings at $13.44 EPS, Q3 2026 earnings at $14.30 EPS and FY2026 earnings at $52.93 EPS.
ORLY has been the topic of several other research reports. Morgan Stanley lifted their price objective on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a report on Thursday, October 24th. Wedbush reiterated a "neutral" rating and set a $1,200.00 price objective on shares of O'Reilly Automotive in a report on Thursday, October 24th. Bank of America lifted their price objective on O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a "buy" rating in a report on Thursday, August 22nd. Royal Bank of Canada lifted their price objective on O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a report on Friday. Finally, DA Davidson reiterated a "buy" rating and set a $1,275.00 price objective on shares of O'Reilly Automotive in a report on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,242.13.
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O'Reilly Automotive Price Performance
Shares of O'Reilly Automotive stock traded down $21.21 during trading on Tuesday, hitting $1,175.90. 470,604 shares of the company were exchanged, compared to its average volume of 374,669. The firm has a market capitalization of $68.21 billion, a P/E ratio of 29.62, a price-to-earnings-growth ratio of 2.42 and a beta of 0.92. O'Reilly Automotive has a 1-year low of $914.50 and a 1-year high of $1,221.18. The firm's fifty day moving average price is $1,152.02 and its 200 day moving average price is $1,082.71.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O'Reilly Automotive's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $10.72 earnings per share.
Insider Activity
In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gregory D. Johnson sold 15,364 shares of the company's stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the sale, the director now owns 5,016 shares of the company's stock, valued at approximately $5,698,978.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 31,734 shares of company stock worth $35,789,929. 1.18% of the stock is currently owned by company insiders.
Institutional Trading of O'Reilly Automotive
Several institutional investors and hedge funds have recently modified their holdings of ORLY. Trifecta Capital Advisors LLC raised its position in O'Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 23 shares during the last quarter. Princeton Global Asset Management LLC bought a new position in O'Reilly Automotive in the third quarter valued at about $41,000. Crewe Advisors LLC bought a new position in O'Reilly Automotive in the first quarter valued at about $43,000. Kings Path Partners LLC bought a new position in O'Reilly Automotive in the second quarter valued at about $44,000. Finally, ORG Partners LLC bought a new position in O'Reilly Automotive in the second quarter valued at about $48,000. 85.00% of the stock is currently owned by institutional investors.
About O'Reilly Automotive
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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.
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