O’Reilly Automotive Price Target Increased to $150.00 by Analysts at UBS AG (ORLY)
Analysts at UBS AG upped their target price on shares of O’Reilly Automotive (NASDAQ:ORLY) from $132.00 to $150.00 in a research report issued to clients and investors on Monday, AR Network reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective would suggest a potential upside of 11.35% from the stock’s previous close.
O’Reilly Automotive (NASDAQ:ORLY) traded up 0.58% on Monday, hitting $134.71. The stock had a trading volume of 661,951 shares. O’Reilly Automotive has a 52 week low of $79.24 and a 52 week high of $135.62. The stock’s 50-day moving average is $126.6 and its 200-day moving average is $117.0. The company has a market cap of $14.623 billion and a price-to-earnings ratio of 24.82.
O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 24th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.09. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the previous year, the company posted $1.15 earnings per share. The company’s revenue for the quarter was up 9.7% on a year-over-year basis.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of O’Reilly Automotive in a research note to investors on Monday. They now have a $141.00 price target on the stock. Separately, analysts at Thomson Reuters/Verus downgraded shares of O’Reilly Automotive from a “hold” rating to a “sell” rating in a research note to investors on Monday. Finally, analysts at Wedbush initiated coverage on shares of O’Reilly Automotive in a research note to investors on Monday, October 14th. They set an “outperform” rating and a $150.00 price target on the stock. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $124.88.
In other O’Reilly Automotive news, EVP Jeff M. Shaw sold 5,000 shares of the company’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $132.05, for a total value of $660,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
O’Reilly Automotive, Inc (NASDAQ:ORLY) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself (DIY) customers and professional service providers.
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