O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,390.81 Consensus PT from Analysts

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been assigned an average rating of “Buy” from the eighteen research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $1,390.81.

A number of research firms have weighed in on ORLY. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Evercore ISI lifted their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. BMO Capital Markets lifted their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Wedbush lifted their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research note on Thursday, February 6th. Finally, DA Davidson lifted their price target on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th.

Insider Buying and Selling

In related news, Chairman Gregory L. Henslee sold 3,073 shares of O’Reilly Automotive stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares in the company, valued at approximately $14,988,764.55. The trade was a 21.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the transaction, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,894 shares of company stock worth $10,409,618. Insiders own 1.55% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPL Wealth Management LLC acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth approximately $3,123,000. Annex Advisory Services LLC boosted its holdings in shares of O’Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after purchasing an additional 6,418 shares during the last quarter. Montecito Bank & Trust acquired a new position in O’Reilly Automotive in the fourth quarter valued at approximately $365,000. Y Intercept Hong Kong Ltd lifted its holdings in O’Reilly Automotive by 824.6% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer’s stock valued at $4,276,000 after acquiring an additional 3,216 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in O’Reilly Automotive by 6.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer’s stock valued at $32,138,000 after acquiring an additional 1,811 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $1,339.09 on Wednesday. The firm has a market capitalization of $76.65 billion, a price-to-earnings ratio of 32.93, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91. The business has a fifty day moving average of $1,304.82 and a 200 day moving average of $1,232.70. O’Reilly Automotive has a 1 year low of $947.49 and a 1 year high of $1,389.05.

O’Reilly Automotive’s stock is scheduled to split on the morning of Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly created shares will be payable to shareholders after the market closes on Monday, June 9th.

O’Reilly Automotive (NASDAQ:ORLY) last released 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 negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities research analysts expect that O’Reilly Automotive will post 43.94 earnings per share for the current year.

About O’Reilly Automotive

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.