O’Reilly Automotive (ORLY) to Release Quarterly Earnings on Wednesday

O’Reilly Automotive (NASDAQ:ORLY) will likely be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect O’Reilly Automotive to post earnings of $9.73 per share and revenue of $4.04 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

O’Reilly Automotive Stock Down 0.3 %

Shares of NASDAQ:ORLY opened at $1,278.34 on Wednesday. The firm has a market cap of $73.80 billion, a price-to-earnings ratio of 31.63, a PEG ratio of 2.30 and a beta of 0.94. The company’s fifty day simple moving average is $1,226.50 and its 200 day simple moving average is $1,172.24. O’Reilly Automotive has a 12 month low of $947.49 and a 12 month high of $1,289.93.

Analysts Set New Price Targets

ORLY has been the subject of several analyst reports. Royal Bank of Canada raised their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Evercore ISI boosted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Guggenheim increased their price objective on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a report on Friday, January 24th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Finally, DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and an average price target of $1,301.82.

Insider Buying and Selling

In related news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

About O’Reilly Automotive

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.