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O'Reilly Automotive (NASDAQ:ORLY)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a $154.00 price target on the stock. Zacks‘s price target indicates a potential upside of 5.16% from the stock’s previous close.

Zacks’ analyst wrote, “O’Reilly posted a 23% increase in earnings to $1.40 per share in the fourth quarter of 2013, exceeding the Zacks Consensus Estimate by $0.08. Quarterly revenues climbed 9% to $1.62 billion, beating the Zacks Consensus Estimate of $1.6 billion. O’Reilly continues to benefit from its dual-market strategy and strong distribution network. Moreover, the company regularly opens new stores to boost sales. Its extended buyback authorization and strong 2014 earnings guidance are added positives. However, the company’s highly concentrated store locations make it vulnerable to economic and natural problems in those areas. Moreover, it has high debt and inventory levels. Therefore, we are maintaining our Neutral recommendation on the stock.”

ORLY has been the subject of a number of other recent research reports. Analysts at Ned Davis Research downgraded shares of O'Reilly Automotive from a “buy” rating to a “neutral” rating in a research note on Monday, March 10th. Finally, analysts at Wedbush raised their price target on shares of O'Reilly Automotive from $140.00 to $160.00 in a research note on Friday, February 7th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $139.31.

Shares of O'Reilly Automotive (NASDAQ:ORLY) traded up 0.74% on Monday, hitting $147.53. The stock had a trading volume of 350,118 shares. O'Reilly Automotive has a 1-year low of $98.80 and a 1-year high of $155.94. The stock’s 50-day moving average is $147.2 and its 200-day moving average is $135.6. The company has a market cap of $15.692 billion and a price-to-earnings ratio of 24.29.

O'Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.08. The company had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Analysts expect that O'Reilly Automotive will post $7.02 EPS for the current fiscal year.

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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