Recent Analysts’ Ratings Changes for O’Reilly Automotive (ORLY)

Posted by Paula Ricardo on Jul 31st, 2024

O’Reilly Automotive (NASDAQ: ORLY) recently received a number of ratings updates from brokerages and research firms:

7/26/2024 – O’Reilly Automotive had its price target lowered by analysts at Royal Bank of Canada from $1,124.00 to $1,115.00. They now have an “outperform” rating on the stock.
7/26/2024 – O’Reilly Automotive had its price target raised by analysts at DA Davidson from $1,200.00 to $1,275.00. They now have a “buy” rating on the stock.
7/26/2024 – O’Reilly Automotive had its price target raised by analysts at Truist Financial Co. from $1,143.00 to $1,204.00. They now have a “buy” rating on the stock.
7/25/2024 – O’Reilly Automotive had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $1,100.00 price target on the stock.
7/18/2024 – O’Reilly Automotive had its price target lowered by analysts at UBS Group AG from $1,275.00 to $1,250.00. They now have a “buy” rating on the stock.
7/16/2024 – O’Reilly Automotive had its price target lowered by analysts at Evercore ISI from $1,250.00 to $1,225.00. They now have an “outperform” rating on the stock.
7/2/2024 – O’Reilly Automotive had its price target lowered by analysts at Evercore ISI from $1,275.00 to $1,250.00. They now have an “outperform” rating on the stock.
7/2/2024 – O’Reilly Automotive had its price target lowered by analysts at Truist Financial Co. from $1,212.00 to $1,143.00. They now have a “buy” rating on the stock.
6/20/2024 – O’Reilly Automotive had its price target raised by analysts at Evercore ISI from $1,265.00 to $1,275.00. They now have an “outperform” rating on the stock.

O’Reilly Automotive Stock Up 2.0 %

NASDAQ ORLY opened at $1,140.90 on Wednesday. The stock’s 50-day simple moving average is $1,026.72 and its two-hundred day simple moving average is $1,050.28. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The company has a market capitalization of $67.19 billion, a price-to-earnings ratio of 28.96, a PEG ratio of 2.13 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). The firm had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $10.22 EPS. On average, equities analysts expect that O’Reilly Automotive, Inc. will post 41.07 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In related news, insider Philip M. Hopper 1,023 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the sale, the chief executive officer now directly owns 716 shares of the company’s stock, valued at $726,740. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Philip M. Hopper 1,023 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The disclosure for this trade can be found here. Company insiders own 1.55% of the company’s stock.

Institutional Trading of O’Reilly Automotive

Several large investors have recently bought and sold shares of ORLY. Miracle Mile Advisors LLC bought a new stake in O’Reilly Automotive during the 4th quarter valued at approximately $292,000. Drive Wealth Management LLC boosted its position in shares of O’Reilly Automotive by 4.9% in the 4th quarter. Drive Wealth Management LLC now owns 367 shares of the specialty retailer’s stock worth $349,000 after purchasing an additional 17 shares in the last quarter. RPg Family Wealth Advisory LLC grew its stake in shares of O’Reilly Automotive by 1.3% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 4,878 shares of the specialty retailer’s stock worth $4,634,000 after buying an additional 63 shares during the last quarter. Carderock Capital Management Inc. grew its stake in shares of O’Reilly Automotive by 1.0% in the 4th quarter. Carderock Capital Management Inc. now owns 8,471 shares of the specialty retailer’s stock worth $8,048,000 after buying an additional 80 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC grew its stake in shares of O’Reilly Automotive by 81.1% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock worth $63,000 after buying an additional 30 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

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.