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

O’Reilly Automotive (NASDAQ:ORLY) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $9.73 per share and revenue of $4.05 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,316.06 on Tuesday. O’Reilly Automotive has a 52-week low of $947.49 and a 52-week high of $1,318.00. The company has a market capitalization of $75.98 billion, a P/E ratio of 32.56, a price-to-earnings-growth ratio of 2.40 and a beta of 0.94. The company has a 50-day simple moving average of $1,233.49 and a 200 day simple moving average of $1,179.29.

Insider Transactions at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares in the company, valued at $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. TD Cowen increased their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Guggenheim raised their target price on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a report on Friday, January 24th. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. BMO Capital Markets initiated coverage on shares of O’Reilly Automotive in a research report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price target on the stock. Finally, Royal Bank of Canada increased their price target on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and a consensus target price of $1,301.82.

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.