O'Reilly Automotive (NASDAQ:ORLY) has been given a $241.00 price target by equities researchers at Credit Suisse Group in a report released on Thursday. The firm currently has a “hold” rating on the specialty retailer’s stock. Credit Suisse Group’s price objective would indicate a potential downside of 7.41% from the company’s previous close.
A number of other equities analysts have also recently weighed in on the company. Zacks Investment Research cut O'Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, December 29th. Robert W. Baird reaffirmed a “hold” rating and issued a $220.00 price target on shares of O'Reilly Automotive in a report on Friday, October 27th. Wedbush reaffirmed a “neutral” rating and issued a $250.00 price target (up previously from $195.00) on shares of O'Reilly Automotive in a report on Friday, December 15th. BidaskClub cut O'Reilly Automotive from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 19th. Finally, Moffett Nathanson started coverage on O'Reilly Automotive in a report on Monday, December 4th. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. O'Reilly Automotive has a consensus rating of “Buy” and an average price target of $249.45.
O'Reilly Automotive (NASDAQ ORLY) opened at $260.28 on Thursday. The stock has a market capitalization of $22,131.09, a PE ratio of 22.17, a PEG ratio of 1.40 and a beta of 0.84. 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 fifty-two week low of $169.43 and a fifty-two week high of $283.97.
In other news, Director Paul R. Lederer sold 1,130 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $211.00, for a total value of $238,430.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeff M. Shaw sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $250.00, for a total value of $2,500,000.00. Following the completion of the sale, the insider now owns 34,285 shares of the company’s stock, valued at $8,571,250. The disclosure for this sale can be found here. Insiders have sold 159,945 shares of company stock valued at $36,282,766 in the last three months. Insiders own 3.12% of the company’s stock.
Several hedge funds have recently bought and sold shares of ORLY. Principal Financial Group Inc. grew its position in shares of O'Reilly Automotive by 45.7% in the third quarter. Principal Financial Group Inc. now owns 2,583,140 shares of the specialty retailer’s stock valued at $556,331,000 after purchasing an additional 809,647 shares in the last quarter. Polen Capital Management LLC grew its position in shares of O'Reilly Automotive by 29.4% in the third quarter. Polen Capital Management LLC now owns 2,672,521 shares of the specialty retailer’s stock valued at $575,581,000 after purchasing an additional 607,076 shares in the last quarter. BlackRock Inc. grew its position in shares of O'Reilly Automotive by 9.1% in the second quarter. BlackRock Inc. now owns 6,213,274 shares of the specialty retailer’s stock valued at $1,359,092,000 after purchasing an additional 520,626 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of O'Reilly Automotive by 69.7% in the second quarter. Renaissance Technologies LLC now owns 861,994 shares of the specialty retailer’s stock valued at $188,553,000 after purchasing an additional 354,094 shares in the last quarter. Finally, HL Financial Services LLC grew its position in shares of O'Reilly Automotive by 17,380.0% in the third quarter. HL Financial Services LLC now owns 350,473 shares of the specialty retailer’s stock valued at $75,481,000 after purchasing an additional 348,468 shares in the last quarter. Institutional investors and hedge funds own 88.33% of the company’s stock.
About O'Reilly Automotive
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.
