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

Several research analysts have commented on ORLY shares. Stephens set a $315.00 price objective on shares of O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, April 28th. Oppenheimer Holdings, Inc. set a $300.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Thursday, April 27th. Credit Suisse Group set a $290.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Monday, April 24th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $302.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, May 24th. Finally, UBS AG reaffirmed a “buy” rating and issued a $255.00 target price (down from $320.00) on shares of O’Reilly Automotive in a research report on Friday, July 7th.

In other O’Reilly Automotive news, SVP Randy Johnson sold 1,040 shares of the company’s stock in a transaction dated Monday, July 3rd. The shares were 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 in the company, valued at approximately $2,017,657.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman David E. Oreilly sold 25,000 shares of the company’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $250.56, for a total transaction of $6,264,000.00. Following the transaction, the chairman now owns 145,568 shares in the company, valued at approximately $36,473,518.08. The disclosure for this sale can be found here. Insiders have sold a total of 32,080 shares of company stock worth $7,754,807 in the last 90 days. Company insiders own 3.12% of the company’s stock.

A number of institutional investors have recently bought and sold shares of ORLY. Candriam Luxembourg S.C.A. boosted its position in O’Reilly Automotive by 20.0% in the first quarter. Candriam Luxembourg S.C.A. now owns 6,197 shares of the specialty retailer’s stock valued at $1,672,000 after buying an additional 1,034 shares in the last quarter. Hermes Investment Management Ltd. boosted its position in O’Reilly Automotive by 4.9% in the first quarter. Hermes Investment Management Ltd. now owns 176,234 shares of the specialty retailer’s stock valued at $47,555,000 after buying an additional 8,260 shares in the last quarter. State of Alaska Department of Revenue bought a new position in O’Reilly Automotive during the first quarter valued at about $177,000. Boys Arnold & Co. Inc. boosted its position in O’Reilly Automotive by 5.5% in the first quarter. Boys Arnold & Co. Inc. now owns 791 shares of the specialty retailer’s stock valued at $213,000 after buying an additional 41 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC bought a new position in O’Reilly Automotive during the first quarter valued at about $207,000. Institutional investors and hedge funds own 95.61% of the company’s stock.

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O’Reilly Automotive (NASDAQ ORLY) traded up 0.86% during midday trading on Friday, reaching $198.91. 984,095 shares of the company’s stock were exchanged. O’Reilly Automotive has a 12-month low of $169.43 and a 12-month high of $288.67. The firm has a 50-day moving average price of $197.02 and a 200 day moving average price of $242.17. The company has a market cap of $17.51 billion, a price-to-earnings ratio of 17.42 and a beta of 0.74.

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

O’Reilly Automotive declared that its board has initiated a stock buyback plan on Wednesday, May 10th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the specialty retailer to reacquire up to 4.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

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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