News headlines about O’Reilly Automotive (NASDAQ:ORLY) have been trending positive on Friday, according to AlphaOne Sentiment. The research firm, a division of Accern, identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. O’Reilly Automotive earned a daily sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also assigned news articles about the specialty retailer an impact score of 26 out of 100, indicating that recent press coverage is unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted AlphaOne’s rankings:
- Brokerages Expect O’Reilly Automotive, Inc. (ORLY) Will Post Quarterly Sales of $2.34 Billion (americanbankingnews.com)
- Zacks: Brokerages Anticipate O'Reilly Automotive Inc (ORLY) Will Post Earnings of $3.14 Per Share (americanbankingnews.com)
- O'Reilly Automotive’s (ORLY) “Buy” Rating Reaffirmed at Credit Suisse Group (americanbankingnews.com)
- O'Reilly Automotive’s (ORLY) Buy Rating Reaffirmed at Oppenheimer Holdings Inc. (americanbankingnews.com)
- O'Reilly Automotive Inc (ORLY) Short Interest Up 29.5% in May (americanbankingnews.com)
O’Reilly Automotive (ORLY) traded down 1.10% during trading on Friday, hitting $231.39. The company’s stock had a trading volume of 1,690,866 shares. O’Reilly Automotive has a one year low of $228.43 and a one year high of $292.84. The firm has a market cap of $21.06 billion, a PE ratio of 21.09 and a beta of 0.64. The company has a 50-day moving average of $244.95 and a 200 day moving average of $264.08.
O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, April 26th. The specialty retailer reported $2.60 earnings per share for the quarter, missing the consensus estimate of $2.88 by $0.28. O’Reilly Automotive had a return on equity of 61.79% and a net margin of 12.10%. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same quarter last year, the company posted $2.59 EPS. O’Reilly Automotive’s quarterly revenue was up 2.9% on a year-over-year basis. On average, equities analysts forecast that O’Reilly Automotive will post $12.26 earnings per share for the current year.
A number of analysts have commented on the company. Credit Suisse Group set a $290.00 price target on O’Reilly Automotive and gave the stock a “buy” rating in a research report on Saturday, March 4th. Jefferies Group LLC reaffirmed a “buy” rating and set a $302.00 price target on shares of O’Reilly Automotive in a research report on Wednesday, May 24th. Zacks Investment Research raised O’Reilly Automotive from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. Atlantic Securities raised O’Reilly Automotive to an “overweight” rating and set a $307.00 price target for the company in a research report on Friday, April 7th. They noted that the move was a valuation call. Finally, Stephens set a $315.00 price target on O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday, April 28th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $300.89.
In related news, insider Gregory D. Johnson sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 29th. The shares were sold at an average price of $275.00, for a total value of $1,375,000.00. Following the completion of the sale, the insider now owns 8,863 shares in the company, valued at $2,437,325. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John Raymond Murphy sold 600 shares of the firm’s stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of $246.77, for a total transaction of $148,062.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 40,600 shares of company stock valued at $10,537,062. 3.12% of the stock is owned by insiders.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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