O'Reilly Automotive (NASDAQ:ORLY) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Friday.

A number of other analysts also recently issued reports on the stock. Credit Suisse Group set a $241.00 price objective on shares of O'Reilly Automotive and gave the company a “hold” rating in a report on Thursday. Zacks Investment Research cut shares of O'Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, December 29th. Wedbush reissued a “neutral” rating and issued a $250.00 target price (up from $195.00) on shares of O'Reilly Automotive in a research note on Friday, December 15th. Royal Bank of Canada raised shares of O'Reilly Automotive from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, December 13th. Finally, Moffett Nathanson assumed coverage on shares of O'Reilly Automotive in a research note on Monday, December 4th. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. O'Reilly Automotive has an average rating of “Buy” and an average target price of $249.45.

O'Reilly Automotive (NASDAQ ORLY) traded up $2.60 during midday trading on Friday, hitting $260.28. 638,300 shares of the stock were exchanged, compared to its average volume of 1,070,000. The company has a quick ratio of 0.10, a current ratio of 0.93 and a debt-to-equity ratio of 4.72. O'Reilly Automotive has a 12 month low of $169.43 and a 12 month high of $283.97. The firm has a market capitalization of $22,210.00, a P/E ratio of 22.15, a PEG ratio of 1.36 and a beta of 0.84.

O'Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.15 by $0.07. O'Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period last year, the company earned $2.90 earnings per share. The firm’s revenue was up 5.3% compared to the same quarter last year. sell-side analysts predict that O'Reilly Automotive will post 11.89 earnings per share for the current fiscal year.

In other O'Reilly Automotive news, insider Jeff M. Shaw sold 10,000 shares of O'Reilly Automotive stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $250.00, for a total transaction of $2,500,000.00. Following the completion of the transaction, the insider now directly owns 34,285 shares of the company’s stock, valued at $8,571,250. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Scott E. Kraus sold 1,500 shares of O'Reilly Automotive stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $212.49, for a total transaction of $318,735.00. Following the transaction, the senior vice president now directly owns 2,959 shares of the company’s stock, valued at $628,757.91. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 159,945 shares of company stock valued at $36,282,766. Company insiders own 3.12% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Monetary Management Group Inc. boosted its position in shares of O'Reilly Automotive by 16.3% in the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock valued at $102,000 after acquiring an additional 65 shares during the period. HPM Partners LLC boosted its position in shares of O'Reilly Automotive by 0.9% in the second quarter. HPM Partners LLC now owns 8,775 shares of the specialty retailer’s stock valued at $1,919,000 after acquiring an additional 82 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co boosted its position in shares of O'Reilly Automotive by 15.9% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 730 shares of the specialty retailer’s stock valued at $160,000 after acquiring an additional 100 shares during the period. Tandem Investment Advisors Inc. boosted its position in shares of O'Reilly Automotive by 3.2% in the second quarter. Tandem Investment Advisors Inc. now owns 4,268 shares of the specialty retailer’s stock valued at $934,000 after acquiring an additional 133 shares during the period. Finally, YorkBridge Wealth Partners LLC boosted its position in shares of O'Reilly Automotive by 5.5% in the second quarter. YorkBridge Wealth Partners LLC now owns 4,055 shares of the specialty retailer’s stock valued at $894,000 after acquiring an additional 210 shares during the period. 88.33% of the stock is owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for O'Reilly Automotive (NASDAQ:ORLY)

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