O'Reilly Automotive (NASDAQ:ORLY) was upgraded by stock 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 commented on the company. Credit Suisse Group set a $241.00 price objective on O'Reilly Automotive and gave the stock a “hold” rating in a report on Thursday. Zacks Investment Research downgraded O'Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, December 29th. Wedbush restated a “neutral” rating and set a $250.00 price objective (up from $195.00) on shares of O'Reilly Automotive in a report on Friday, December 15th. Royal Bank of Canada upgraded O'Reilly Automotive from a “sector perform” rating to an “outperform” rating in a report on Wednesday, December 13th. Finally, Moffett Nathanson assumed coverage on O'Reilly Automotive in a report on Monday, December 4th. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $249.45.

Shares of O'Reilly Automotive (NASDAQ ORLY) traded up $2.60 on Friday, reaching $260.28. The company’s stock had a trading volume of 637,554 shares, compared to its average volume of 1,070,000. The company has a debt-to-equity ratio of 4.72, a current ratio of 0.93 and a quick ratio of 0.10. The firm has a market cap of $22,210.00, a P/E ratio of 22.15, a PEG ratio of 1.40 and a beta of 0.84. O'Reilly Automotive has a 52 week low of $169.43 and a 52 week high of $283.97.

O'Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.07. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. O'Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.90 EPS. research analysts anticipate that O'Reilly Automotive will post 11.89 earnings per share for the current year.

In related news, Chairman David E. Oreilly sold 70,000 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $220.29, for a total transaction of $15,420,300.00. Following the completion of the sale, the chairman now directly owns 135,776 shares of the company’s stock, valued at approximately $29,910,095.04. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Scott E. Kraus sold 1,500 shares of the company’s 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 sale, 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. 3.12% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the business. Monetary Management Group Inc. boosted its position in O'Reilly Automotive by 16.3% in the 2nd quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock valued at $102,000 after buying an additional 65 shares during the last quarter. NEXT Financial Group Inc purchased a new position in O'Reilly Automotive in the 3rd quarter valued at about $100,000. Amica Retiree Medical Trust purchased a new position in O'Reilly Automotive in the 3rd quarter valued at about $107,000. Fieldpoint Private Securities LLC purchased a new position in O'Reilly Automotive in the 3rd quarter valued at about $141,000. Finally, Sun Life Financial INC boosted its position in O'Reilly Automotive by 5,107.7% in the 2nd quarter. Sun Life Financial INC now owns 677 shares of the specialty retailer’s stock valued at $148,000 after buying an additional 664 shares during the last quarter. 88.33% of the stock is owned by institutional investors.

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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.

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

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