O'Reilly Automotive, Inc. (NASDAQ:ORLY) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the eighteen brokerages that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $1,269.31.

Several research firms recently issued reports on ORLY. Roth Capital upgraded O'Reilly Automotive to a "strong-buy" rating in a research note on Tuesday, October 15th. BNP Paribas upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. StockNews.com upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Wednesday. Morgan Stanley increased their target price on shares of O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada raised their price target on O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company's stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the business's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares of the company's stock, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in O'Reilly Automotive during the second quarter valued at approximately $89,000. Farther Finance Advisors LLC raised its position in O'Reilly Automotive by 6.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 311 shares of the specialty retailer's stock worth $316,000 after purchasing an additional 20 shares during the period. Legacy Capital Wealth Partners LLC purchased a new position in O'Reilly Automotive in the 2nd quarter worth $278,000. Oregon Public Employees Retirement Fund lifted its stake in O'Reilly Automotive by 0.9% in the second quarter. Oregon Public Employees Retirement Fund now owns 5,073 shares of the specialty retailer's stock worth $5,357,000 after purchasing an additional 45 shares during the last quarter. Finally, Weaver Capital Management LLC boosted its position in O'Reilly Automotive by 9.9% during the second quarter. Weaver Capital Management LLC now owns 222 shares of the specialty retailer's stock valued at $234,000 after buying an additional 20 shares during the period. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Up 1.4 %

Shares of ORLY traded up $16.51 during mid-day trading on Friday, reaching $1,204.22. The company's stock had a trading volume of 315,351 shares, compared to its average volume of 298,426. O'Reilly Automotive has a 1-year low of $914.50 and a 1-year high of $1,283.96. The business has a 50-day simple moving average of $1,218.78 and a two-hundred day simple moving average of $1,149.60. The stock has a market cap of $69.52 billion, a P/E ratio of 29.79, a PEG ratio of 2.58 and a beta of 0.94.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the business earned $10.72 EPS. The company's revenue for the quarter was up 3.8% compared to the same quarter last year. Research analysts anticipate that O'Reilly Automotive will post 40.85 EPS for the current year.

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.