Brokerages Set O’Reilly Automotive, Inc. (NASDAQ:ORLY) Price Target at $1,110.07

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been given a consensus rating of “Moderate Buy” by the sixteen analysts that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $1,110.07.

A number of brokerages have weighed in on ORLY. Barclays increased their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. Royal Bank of Canada increased their price target on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Mizuho began coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Finally, UBS Group increased their price target on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,013.26 on Friday. The business’s fifty day moving average price is $1,096.47 and its two-hundred day moving average price is $1,018.34. The stock has a market cap of $59.81 billion, a PE ratio of 25.72, a price-to-earnings-growth ratio of 1.91 and a beta of 0.86. O’Reilly Automotive has a one year low of $860.10 and a one year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same quarter in the prior year, the firm earned $8.28 EPS. O’Reilly Automotive’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, equities research analysts predict that O’Reilly Automotive will post 41.79 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares of the company’s stock, valued at $1,000,200.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the sale, the chief financial officer now directly owns 2,335 shares in the company, valued at $2,400,380. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the sale, the senior vice president now owns 963 shares of the company’s stock, valued at $1,000,200.69. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock valued at $27,269,333 over the last three months. 1.18% of the stock is owned by company insiders.

Institutional Trading of O’Reilly Automotive

Large investors have recently modified their holdings of the business. J.W. Cole Advisors Inc. grew its stake in O’Reilly Automotive by 55.3% in the first quarter. J.W. Cole Advisors Inc. now owns 517 shares of the specialty retailer’s stock worth $585,000 after purchasing an additional 184 shares in the last quarter. Vantage Investment Partners LLC grew its stake in O’Reilly Automotive by 18.4% in the first quarter. Vantage Investment Partners LLC now owns 54,289 shares of the specialty retailer’s stock worth $61,291,000 after purchasing an additional 8,421 shares in the last quarter. Norden Group LLC acquired a new position in O’Reilly Automotive in the first quarter worth about $317,000. Dillon & Associates Inc. grew its stake in O’Reilly Automotive by 1.4% in the first quarter. Dillon & Associates Inc. now owns 12,600 shares of the specialty retailer’s stock worth $14,225,000 after purchasing an additional 176 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in O’Reilly Automotive by 19.9% in the first quarter. Van ECK Associates Corp now owns 8,055 shares of the specialty retailer’s stock worth $9,093,000 after purchasing an additional 1,337 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

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.