Free Trial

Brokerages Set O'Reilly Automotive, Inc. (NASDAQ:ORLY) Price Target at $1,242.13

O'Reilly Automotive logo with Retail/Wholesale background

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eighteen analysts that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $1,242.13.

ORLY has been the topic of several analyst reports. JPMorgan Chase & Co. upped their price objective on O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an "overweight" rating in a research report on Wednesday, October 16th. Truist Financial increased their price objective 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, October 25th. Wells Fargo & Company upped their target price on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a research note on Monday, October 14th. Evercore ISI lifted their price target on shares of O'Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an "outperform" rating in a research note on Thursday, August 22nd. Finally, TD Cowen increased their price objective on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a research report on Friday, October 25th.

View Our Latest Analysis on ORLY

Insider Buying and Selling

In other O'Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the transaction, the chairman now directly owns 183,583 shares in the company, valued at $205,407,347.04. This trade represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 16,322 shares of company stock worth $18,280,698 in the last 90 days. Insiders own 1.55% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Eventide Asset Management LLC increased its stake in O'Reilly Automotive by 3.4% in the 3rd quarter. Eventide Asset Management LLC now owns 34,638 shares of the specialty retailer's stock valued at $39,889,000 after buying an additional 1,147 shares during the period. Verition Fund Management LLC lifted its position in shares of O'Reilly Automotive by 42.1% during the 3rd quarter. Verition Fund Management LLC now owns 9,671 shares of the specialty retailer's stock valued at $11,137,000 after acquiring an additional 2,865 shares during the period. Rockefeller Capital Management L.P. boosted its position in O'Reilly Automotive by 12.9% during the third quarter. Rockefeller Capital Management L.P. now owns 14,251 shares of the specialty retailer's stock worth $16,411,000 after purchasing an additional 1,627 shares in the last quarter. Isthmus Partners LLC purchased a new stake in O'Reilly Automotive in the 3rd quarter valued at approximately $248,000. Finally, Public Sector Pension Investment Board lifted its holdings in shares of O'Reilly Automotive by 2.0% during the 3rd quarter. Public Sector Pension Investment Board now owns 10,395 shares of the specialty retailer's stock worth $11,971,000 after acquiring an additional 200 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

O'Reilly Automotive Stock Down 1.2 %

Shares of NASDAQ:ORLY traded down $14.38 on Thursday, hitting $1,224.40. 407,073 shares of the company traded hands, compared to its average volume of 374,994. The company has a market cap of $70.68 billion, a PE ratio of 31.05, a PEG ratio of 2.51 and a beta of 0.92. The stock has a 50 day simple moving average of $1,167.21 and a 200-day simple moving average of $1,092.14. O'Reilly Automotive has a 52 week low of $914.50 and a 52 week high of $1,255.30.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $10.72 earnings per share. As a group, sell-side analysts anticipate that O'Reilly Automotive will post 40.81 earnings per share for the current year.

About O'Reilly Automotive

(Get Free Report

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.

Featured Articles

Analyst Recommendations for O'Reilly Automotive (NASDAQ:ORLY)

Should you invest $1,000 in O'Reilly Automotive right now?

Before you consider O'Reilly Automotive, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O'Reilly Automotive wasn't on the list.

While O'Reilly Automotive currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines