O'Reilly Automotive, Inc. (NASDAQ:ORLY - Get Free Report) SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
O'Reilly Automotive Stock Up 0.1 %
Shares of NASDAQ ORLY traded up $1.52 during midday trading on Friday, reaching $1,139.99. 4,432 shares of the company's stock traded hands, compared to its average volume of 386,122. The company has a market cap of $67.14 billion, a price-to-earnings ratio of 28.90, a P/E/G ratio of 2.13 and a beta of 0.92. The stock's 50 day simple moving average is $1,082.68 and its 200-day simple moving average is $1,064.45. O'Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). The firm had revenue of $4.27 billion for the quarter, compared to analysts' expectations of $4.32 billion. O'Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $10.22 earnings per share. Equities analysts predict that O'Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
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A number of equities research analysts have commented on ORLY shares. Truist Financial raised their price target on O'Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a "buy" rating in a report on Friday, July 26th. Royal Bank of Canada dropped their price target on O'Reilly Automotive from $1,124.00 to $1,115.00 and set an "outperform" rating for the company in a research note on Friday, July 26th. Wedbush reiterated a "neutral" rating and set a $1,100.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, July 25th. Bank of America upped their target price on shares of O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a "buy" rating in a research report on Thursday, August 22nd. Finally, DA Davidson lifted their price target on shares of O'Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a "buy" rating in a report on Friday, July 26th. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive currently has an average rating of "Moderate Buy" and an average price target of $1,144.06.
Check Out Our Latest Research Report on ORLY
Institutional Investors Weigh In On O'Reilly Automotive
A number of large investors have recently made changes to their positions in ORLY. Rise Advisors LLC purchased a new position in shares of O'Reilly Automotive during the first quarter worth $36,000. Newbridge Financial Services Group Inc. acquired a new position in shares of O'Reilly Automotive in the 1st quarter valued at about $37,000. Indiana Trust & Investment Management CO boosted its stake in shares of O'Reilly Automotive by 325.0% in the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer's stock worth $38,000 after buying an additional 26 shares during the last quarter. Riverview Trust Co purchased a new stake in shares of O'Reilly Automotive in the first quarter worth about $41,000. Finally, Crewe Advisors LLC acquired a new stake in O'Reilly Automotive during the first quarter worth about $43,000. 85.00% of the stock is owned by hedge funds and other institutional investors.
O'Reilly Automotive Company Profile
O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.
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