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

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have earned a consensus rating of “Buy” from the eighteen research firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $1,390.81.

Several analysts have recently commented on ORLY shares. Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday, February 7th. DA Davidson raised their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a report on Friday, February 7th. Barclays boosted their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Evercore ISI increased their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Finally, StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, March 21st.

Insider Activity at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 3,073 shares of O’Reilly Automotive stock in a transaction on 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 completion of the sale, the chairman now owns 11,397 shares of the company’s stock, valued at $14,988,764.55. The trade was a 21.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brad W. Beckham sold 833 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the transaction, the chief executive officer now owns 760 shares in the company, valued at $988,000. This trade represents a 52.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Lee Danner & Bass Inc. acquired a new position in O’Reilly Automotive during the fourth quarter worth approximately $28,000. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth $30,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth $31,000. Darwin Wealth Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter worth $32,000. Finally, Kestra Investment Management LLC acquired a new position in O’Reilly Automotive in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.9 %

Shares of ORLY stock opened at $1,375.48 on Wednesday. The stock’s 50-day moving average price is $1,311.29 and its 200 day moving average price is $1,236.09. The stock has a market capitalization of $78.73 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91. O’Reilly Automotive has a 52-week low of $947.49 and a 52-week high of $1,389.05.

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

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate 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%. Analysts expect that O’Reilly Automotive will post 43.94 earnings per share for the current fiscal 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.