O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $1,389.05 and last traded at $1,356.77, with a volume of 479181 shares trading hands. The stock had previously closed at $1,375.99.
Analysts Set New Price Targets
A number of equities analysts have weighed in on ORLY shares. UBS Group upped their price target on shares of O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Guggenheim upped their target price on shares of O'Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a "buy" rating in a report on Friday, February 7th. BMO Capital Markets increased their price target on O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. StockNews.com upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday. Finally, Wedbush upped their price objective on O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a "neutral" rating in a research note on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, O'Reilly Automotive presently has an average rating of "Buy" and an average price target of $1,390.81.
View Our Latest Stock Analysis on O'Reilly Automotive
O'Reilly Automotive Price Performance
The company's 50-day simple moving average is $1,277.95 and its 200 day simple moving average is $1,217.40. The firm has a market cap of $75.54 billion, a P/E ratio of 32.44, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O'Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the sale, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Joseph Merz sold 500 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the transaction, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock valued at $10,409,618 over the last 90 days. Insiders own 1.55% of the company's stock.
Institutional Trading of O'Reilly Automotive
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Lee Danner & Bass Inc. acquired a new position in O'Reilly Automotive during the 4th quarter valued at about $28,000. AlphaMark Advisors LLC acquired a new position in shares of O'Reilly Automotive during the fourth quarter valued at about $30,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of O'Reilly Automotive in the 4th quarter valued at approximately $31,000. Darwin Wealth Management LLC purchased a new position in shares of O'Reilly Automotive in the 3rd quarter valued at approximately $32,000. Finally, Kestra Investment Management LLC acquired a new stake in O'Reilly Automotive in the 4th quarter worth approximately $32,000. Institutional investors own 85.00% of the company's stock.
O'Reilly Automotive Company Profile
(
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.
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