O’Reilly Automotive, Inc. (NASDAQ:ORLY) Receives $1,390.81 Average Price Target from Brokerages

O’Reilly Automotive, Inc. (NASDAQ:ORLY) has earned an average rating of “Buy” from the eighteen ratings firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $1,390.81.

Several analysts recently weighed in on ORLY shares. Barclays lifted their price objective on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. DA Davidson boosted their target price on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Guggenheim boosted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a report on Friday, February 7th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Finally, Wells Fargo & Company boosted their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th.

Insider Transactions at O’Reilly Automotive

In related news, Director Lawrence P. Oreilly sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $1,303.68, for a total value of $1,303,680.00. Following the sale, the director now owns 135,377 shares in the company, valued at $176,488,287.36. This represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the completion of the sale, the chief executive officer now owns 760 shares in the company, valued at approximately $988,000. This represents a 52.29 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,581 shares of company stock worth $3,375,490. Insiders own 1.55% of the company’s stock.

Institutional Investors Weigh In On O’Reilly Automotive

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

O’Reilly Automotive Price Performance

ORLY stock opened at $1,314.91 on Friday. The business has a 50-day moving average price of $1,254.61 and a 200 day moving average price of $1,204.41. The company has a market capitalization of $75.91 billion, a P/E ratio of 32.34, a PEG ratio of 2.34 and a beta of 0.94. O’Reilly Automotive has a 1-year low of $947.49 and a 1-year high of $1,350.27.

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 the consensus estimate 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%. On average, analysts anticipate 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.