Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) have been given an average recommendation of “Hold” by the twenty-two research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $240.67.

Several brokerages have issued reports on ORLY. Oppenheimer Holdings, Inc. restated a “buy” rating on shares of O’Reilly Automotive in a report on Wednesday. BidaskClub upgraded O’Reilly Automotive from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Credit Suisse Group set a $195.00 target price on O’Reilly Automotive and gave the company a “hold” rating in a report on Thursday, July 27th. Wedbush restated a “neutral” rating and issued a $195.00 target price on shares of O’Reilly Automotive in a report on Thursday, July 27th. Finally, UBS AG restated a “buy” rating and issued a $230.00 target price (down from $255.00) on shares of O’Reilly Automotive in a report on Tuesday, July 25th.

O’Reilly Automotive (ORLY) traded up 0.86% on Friday, reaching $198.91. 984,095 shares of the company’s stock traded hands. The stock has a market capitalization of $17.51 billion, a price-to-earnings ratio of 17.42 and a beta of 0.74. The firm has a 50-day moving average price of $197.02 and a 200-day moving average price of $242.17. O’Reilly Automotive has a 52 week low of $169.43 and a 52 week high of $288.67.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 26th. The specialty retailer reported $3.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.90 by $0.20. O’Reilly Automotive had a return on equity of 72.22% and a net margin of 12.23%. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the company earned $2.65 EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that O’Reilly Automotive will post $11.87 earnings per share for the current year.

O’Reilly Automotive declared that its board has initiated a stock buyback program on Wednesday, May 10th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the specialty retailer to reacquire up to 4.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

In related news, SVP Randy Johnson sold 1,040 shares of the stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $218.74, for a total transaction of $227,489.60. Following the transaction, the senior vice president now owns 9,224 shares of the company’s stock, valued at approximately $2,017,657.76. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman David E. Oreilly sold 25,000 shares of the stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $250.56, for a total value of $6,264,000.00. Following the transaction, the chairman now directly owns 145,568 shares in the company, valued at approximately $36,473,518.08. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,080 shares of company stock worth $7,754,807. 3.12% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the company. Barrett Asset Management LLC raised its position in O’Reilly Automotive by 261.5% in the second quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock valued at $103,000 after buying an additional 340 shares during the last quarter. Proficio Capital Partners LLC raised its position in O’Reilly Automotive by 1.0% in the second quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock valued at $105,000 after buying an additional 5 shares during the last quarter. Nikko Asset Management Americas Inc. purchased a new position in O’Reilly Automotive during the first quarter valued at about $108,000. Parkside Financial Bank & Trust raised its position in O’Reilly Automotive by 1.2% in the first quarter. Parkside Financial Bank & Trust now owns 414 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 5 shares during the last quarter. Finally, FTB Advisors Inc. raised its position in O’Reilly Automotive by 108.2% in the first quarter. FTB Advisors Inc. now owns 506 shares of the specialty retailer’s stock valued at $124,000 after buying an additional 263 shares during the last quarter. 95.61% of the stock is currently owned by hedge funds and other institutional investors.

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O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Analyst Recommendations for O`Reilly Automotive (NASDAQ:ORLY)

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