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

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been given a consensus recommendation of “Buy” by the twenty brokerages that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, sixteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $103.3778.

Several equities analysts have issued reports on ORLY shares. BMO Capital Markets boosted their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Royal Bank Of Canada boosted their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Truist Financial upped their price target on O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, Argus assumed coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price target on the stock.

Insiders Place Their Bets

In related news, Director Maria Sastre sold 595 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 5,050 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president owned 2,876 shares in the company, valued at approximately $284,925.32. This represents a 63.71% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 155,920 shares of company stock worth $15,487,502. 1.01% of the stock is owned by insiders.

Institutional Investors Weigh In On O’Reilly Automotive

A number of institutional investors and hedge funds have recently modified their holdings of ORLY. Bank of Jackson Hole Trust purchased a new stake in O’Reilly Automotive in the 1st quarter valued at approximately $25,000. HWG Holdings LP purchased a new stake in O’Reilly Automotive in the 1st quarter valued at approximately $26,000. Oakworth Capital Inc. lifted its stake in O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 264 shares in the last quarter. HighMark Wealth Management LLC lifted its stake in O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares in the last quarter. Finally, Canton Hathaway LLC lifted its stake in O’Reilly Automotive by 1,400.0% in the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.9%

ORLY opened at $104.00 on Friday. The business has a 50 day moving average price of $95.01 and a two-hundred day moving average price of $92.10. O’Reilly Automotive has a 52 week low of $73.11 and a 52 week high of $104.86. The company has a market cap of $88.24 billion, a PE ratio of 37.18, a P/E/G ratio of 2.72 and a beta of 0.56.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter in the previous year, the firm posted $10.55 EPS. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, sell-side analysts expect that O’Reilly Automotive will post 43.94 EPS for the current fiscal year.

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.