O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives Average Rating of “Buy” from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been given an average rating of “Buy” by the eighteen analysts that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $1,390.81.

A number of brokerages have recently weighed in on ORLY. UBS Group raised 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. Mizuho raised their price objective on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Wells Fargo & Company lifted their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 28th. Wedbush lifted their price target on shares of 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. Finally, Royal Bank of Canada lifted their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th.

O’Reilly Automotive Trading Up 1.5 %

Shares of ORLY opened at $1,373.64 on Friday. O’Reilly Automotive has a twelve month low of $947.49 and a twelve month high of $1,378.76. The firm’s fifty day simple moving average is $1,264.60 and its 200-day simple moving average is $1,209.61. The firm has a market capitalization of $79.30 billion, a price-to-earnings ratio of 33.78, a PEG ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts’ consensus estimates 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, analysts predict that O’Reilly Automotive will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brad W. Beckham sold 833 shares of O’Reilly Automotive stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares in the company, valued at approximately $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. Insiders own 1.55% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Hedge funds and other institutional investors have recently made changes to their positions in the company. Lee Danner & Bass Inc. purchased a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $28,000. AlphaMark Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $30,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $31,000. Kestra Investment Management LLC purchased a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $32,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the third quarter valued at about $32,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Company Profile

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.