Wall Street brokerages expect O'Reilly Automotive Inc (NASDAQ:ORLY) to report $2.18 billion in sales for the current quarter, according to Zacks. Nine analysts have made estimates for O'Reilly Automotive’s earnings, with estimates ranging from $2.14 billion to $2.20 billion. O'Reilly Automotive posted sales of $2.10 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 3.8%. The firm is scheduled to announce its next quarterly earnings report on Tuesday, February 6th.

On average, analysts expect that O'Reilly Automotive will report full year sales of $2.18 billion for the current fiscal year, with estimates ranging from $8.93 billion to $8.98 billion. For the next financial year, analysts forecast that the company will post sales of $9.42 billion per share, with estimates ranging from $9.33 billion to $9.54 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover O'Reilly Automotive.

O'Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.15 by $0.07. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.34 billion. O'Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. O'Reilly Automotive’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.90 EPS.

A number of equities analysts have commented on the company. UBS reissued a “buy” rating and issued a $240.00 price objective (up previously from $230.00) on shares of O'Reilly Automotive in a research note on Thursday, October 19th. Royal Bank of Canada raised O'Reilly Automotive from a “sector perform” rating to an “outperform” rating in a research note on Wednesday. Robert W. Baird reissued a “neutral” rating on shares of O'Reilly Automotive in a research note on Friday, September 1st. Credit Suisse Group set a $193.00 target price on O'Reilly Automotive and gave the stock a “hold” rating in a research report on Thursday, October 26th. Finally, Oppenheimer set a $220.00 target price on O'Reilly Automotive and gave the stock a “buy” rating in a research report on Thursday, October 26th. One analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $243.48.

In related news, SVP Randy Johnson sold 1,040 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $211.24, for a total transaction of $219,689.60. Following the completion of the transaction, the senior vice president now directly owns 9,250 shares of the company’s stock, valued at $1,953,970. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeremy Adam Fletcher sold 750 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $215.11, for a total value of $161,332.50. Following the transaction, the senior vice president now directly owns 1,640 shares of the company’s stock, valued at $352,780.40. The disclosure for this sale can be found here. Insiders have sold 149,945 shares of company stock valued at $33,756,392 over the last ninety days. 3.12% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in ORLY. Proficio Capital Partners LLC increased its stake in shares of O'Reilly Automotive by 1.0% during the second quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock worth $105,000 after purchasing an additional 5 shares during the period. First Personal Financial Services increased its stake in O'Reilly Automotive by 3.8% during the 2nd quarter. First Personal Financial Services now owns 1,049 shares of the specialty retailer’s stock worth $230,000 after acquiring an additional 38 shares during the period. Pacer Advisors Inc. increased its stake in O'Reilly Automotive by 1.4% during the 2nd quarter. Pacer Advisors Inc. now owns 3,053 shares of the specialty retailer’s stock worth $668,000 after acquiring an additional 42 shares during the period. Monetary Management Group Inc. increased its stake in O'Reilly Automotive by 16.3% during the 2nd quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock worth $102,000 after acquiring an additional 65 shares during the period. Finally, HPM Partners LLC increased its stake in O'Reilly Automotive by 0.9% during the 2nd quarter. HPM Partners LLC now owns 8,775 shares of the specialty retailer’s stock worth $1,919,000 after acquiring an additional 82 shares during the period. 88.56% of the stock is owned by institutional investors.

O'Reilly Automotive (NASDAQ:ORLY) traded down $0.38 during trading on Wednesday, reaching $246.86. The company’s stock had a trading volume of 986,100 shares, compared to its average volume of 1,303,125. The company has a current ratio of 0.93, a quick ratio of 0.10 and a debt-to-equity ratio of 4.72. The firm has a market capitalization of $21,022.25, a price-to-earnings ratio of 21.48, a P/E/G ratio of 1.46 and a beta of 0.84. O'Reilly Automotive has a one year low of $169.43 and a one year high of $286.57.

O'Reilly Automotive declared that its board has authorized a stock repurchase program on Friday, September 1st that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the specialty retailer to repurchase up to 5.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

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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.

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Earnings History and Estimates for O'Reilly Automotive (NASDAQ:ORLY)

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