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O'Reilly Automotive (NASDAQ:ORLY) hit a new 52-week high on Thursday , American Banking News reports. The stock traded as high as $158.37 and last traded at $157.91, with a volume of 178,350 shares trading hands. The stock had previously closed at $157.15.

ORLY has been the subject of a number of recent research reports. Analysts at SunTrust initiated coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 27th. They set a “buy” rating and a $193.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of O'Reilly Automotive in a research note on Tuesday, July 29th. They now have a $155.00 price target on the stock, up previously from $147.00. Finally, analysts at Nomura reiterated a “neutral” rating on shares of O'Reilly Automotive in a research note on Friday, July 25th. They now have a $157.00 price target on the stock, up previously from $152.00. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. O'Reilly Automotive has a consensus rating of “Buy” and an average target price of $164.77.

The stock’s 50-day moving average is $152.5 and its 200-day moving average is $149.9. The company has a market cap of $16.336 billion and a price-to-earnings ratio of 23.78.

O'Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.91 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.85 by $0.06. The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the prior year, the company posted $1.58 earnings per share. The company’s quarterly revenue was up 7.7% on a year-over-year basis. Analysts expect that O'Reilly Automotive will post $7.16 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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