O'Reilly Automotive, Inc. (NASDAQ:ORLY) Receives Consensus Recommendation of "Buy" from Analysts

O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) has earned an average rating of "Buy" from the eighteen analysts that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, fourteen have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $1,390.81.

Several research analysts recently issued reports on ORLY shares. Mizuho raised their target price on shares of O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. UBS Group lifted their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a "buy" rating in a report on Friday, February 7th. Truist Financial lifted their price objective on shares of O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a report on Friday, October 25th. Evercore ISI lifted their price objective on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a report on Tuesday, December 3rd. Finally, Wells Fargo & Company lifted their price objective on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a report on Tuesday, January 28th.

O'Reilly Automotive Stock Performance

Shares of O'Reilly Automotive stock traded down $9.03 during trading on Friday, hitting $1,303.41. 275,102 shares of the company's stock were exchanged, compared to its average volume of 325,549. The business has a 50-day simple moving average of $1,253.69 and a 200-day simple moving average of $1,201.75. O'Reilly Automotive has a 52-week low of $947.49 and a 52-week high of $1,350.27. The stock has a market capitalization of $75.25 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 2.34 and a beta of 0.94.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, equities analysts anticipate that O'Reilly Automotive will post 43.94 earnings per share for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In related news, Director Maria Sastre sold 248 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Brad W. Beckham sold 833 shares of the business's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the transaction, the chief executive officer now owns 760 shares in the company, valued at $988,000. The trade was a 52.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,201 shares of company stock valued at $2,840,852 over the last 90 days. Corporate insiders own 1.55% of the company's stock.

Hedge Funds Weigh In On O'Reilly Automotive

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Marks Group Wealth Management Inc boosted its position in O'Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer's stock worth $697,000 after acquiring an additional 9 shares during the last quarter. Venturi Wealth Management LLC boosted its holdings in O'Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock valued at $132,000 after purchasing an additional 9 shares during the last quarter. Metis Global Partners LLC boosted its holdings in O'Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer's stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. L.M. Kohn & Company boosted its holdings in O'Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer's stock valued at $753,000 after purchasing an additional 9 shares during the last quarter. Finally, Advisory Alpha LLC boosted its holdings in O'Reilly Automotive by 4.4% in the 4th quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer's stock valued at $255,000 after purchasing an additional 9 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

About O'Reilly Automotive

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.