O'Reilly Automotive (NASDAQ:ORLY) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Thursday.

Several other brokerages also recently weighed in on ORLY. Citigroup raised their price target on O'Reilly Automotive from $276.00 to $283.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Credit Suisse Group set a $241.00 price target on O'Reilly Automotive and gave the stock a “hold” rating in a report on Thursday, January 4th. Robert W. Baird reissued a “hold” rating and issued a $220.00 price target on shares of O'Reilly Automotive in a report on Friday, October 27th. Moffett Nathanson initiated coverage on O'Reilly Automotive in a report on Monday, December 4th. They issued a “buy” rating for the company. Finally, Wedbush reaffirmed a “neutral” rating and set a $250.00 target price (up previously from $195.00) on shares of O'Reilly Automotive in a report on Friday, December 15th. Twelve equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $249.45.

Shares of O'Reilly Automotive (NASDAQ:ORLY) opened at $258.45 on Thursday. The company has a quick ratio of 0.10, a current ratio of 0.93 and a debt-to-equity ratio of 4.72. The firm has a market capitalization of $22,230.00, a PE ratio of 22.00, a price-to-earnings-growth ratio of 1.40 and a beta of 0.84. O'Reilly Automotive has a twelve month low of $169.43 and a twelve month high of $283.82.

O'Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share for the quarter, topping the consensus estimate 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 company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the company earned $2.90 earnings per share. sell-side analysts forecast that O'Reilly Automotive will post 11.89 EPS for the current year.

In other O'Reilly Automotive news, SVP Randy Johnson sold 1,040 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $211.24, for a total value 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeff M. Shaw sold 10,000 shares of the business’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 transaction, the insider now directly owns 34,285 shares of the company’s stock, valued at $8,571,250. The disclosure for this sale can be found here. Insiders sold 159,945 shares of company stock valued at $36,282,766 over the last three months. 3.12% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in ORLY. Monetary Management Group Inc. increased 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 buying an additional 65 shares in the last quarter. NEXT Financial Group Inc purchased a new stake in shares of O'Reilly Automotive in the third quarter valued at approximately $100,000. Amica Retiree Medical Trust purchased a new stake in shares of O'Reilly Automotive in the third quarter valued at approximately $107,000. Fieldpoint Private Securities LLC purchased a new stake in shares of O'Reilly Automotive in the third quarter valued at approximately $141,000. Finally, Sun Life Financial INC increased its position in shares of O'Reilly Automotive by 5,107.7% in the second 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 in the last quarter. 88.31% 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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