O'Reilly Automotive (NASDAQ:ORLY) Lowered to Hold Rating by StockNews.com

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Tuesday.

Several other equities research analysts also recently issued reports on the company. BNP Paribas upgraded O'Reilly Automotive to a "strong-buy" rating in a report on Friday, October 25th. Royal Bank of Canada lifted their price target on shares of O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an "outperform" rating in a research note on Friday, October 25th. BMO Capital Markets assumed coverage on shares of O'Reilly Automotive in a research note on Friday, December 13th. They set an "outperform" rating and a $1,400.00 price objective on the stock. Roth Mkm reissued a "buy" rating and set a $1,337.00 price objective on shares of O'Reilly Automotive in a report on Wednesday, October 16th. Finally, Evercore ISI upped their target price on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research note on Tuesday, December 3rd. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $1,270.69.

O'Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded down $5.81 during mid-day trading on Tuesday, hitting $1,204.33. 244,809 shares of the company traded hands, compared to its average volume of 320,788. The firm's 50 day simple moving average is $1,224.54 and its 200 day simple moving average is $1,158.85. The firm has a market cap of $69.53 billion, a P/E ratio of 29.80, a PEG ratio of 2.58 and a beta of 0.94. O'Reilly Automotive has a 52-week low of $947.49 and a 52-week high of $1,283.96.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $10.72 EPS. Equities research analysts expect that O'Reilly Automotive will post 40.85 EPS for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the director now directly owns 700 shares in the company, valued at $856,849. This represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.55% of the company's stock.

Institutional Trading of O'Reilly Automotive

Several institutional investors have recently modified their holdings of ORLY. Darwin Wealth Management LLC bought a new stake in O'Reilly Automotive during the third quarter worth approximately $32,000. Trifecta Capital Advisors LLC boosted its stake in shares of O'Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock valued at $33,000 after buying an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in O'Reilly Automotive in the third quarter valued at about $37,000. Princeton Global Asset Management LLC acquired a new position in O'Reilly Automotive in the third quarter worth approximately $41,000. Finally, Kieckhefer Group LLC bought a new position in O'Reilly Automotive during the fourth quarter valued at about $59,000. Institutional investors and hedge funds own 85.00% of the company's stock.

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.

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