O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Ranking) – Analysts at Zacks Analysis upped their Q1 2024 EPS estimates for O’Reilly Automotive in a report issued on Tuesday, March 14th. Zacks Analysis analyst R. Singhi now forecasts that the specialty retailer will put up earnings per share of $9.33 for the quarter, up from their prior estimate of $9.32. The consensus estimate for O’Reilly Automotive’s present full-year earnings is $36.62 per share.

O’Reilly Automotive (NASDAQ:ORLY – Get Ranking) final introduced its earnings outcomes on Wednesday, February eighth. The specialty retailer reported $8.37 earnings per share for the quarter, beating the consensus estimate of $7.71 by $0.66. The corporate had income of $3.64 billion throughout the quarter, in comparison with the consensus estimate of $3.50 billion. O’Reilly Automotive had a web margin of 15.08% and a unfavourable return on fairness of 234.76%. O’Reilly Automotive’s income was up 10.7% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the agency earned $7.64 earnings per share.

ORLY has been the topic of a number of different reviews. MKM Companions lifted their worth goal on shares of O’Reilly Automotive from $865.00 to $900.00 in a analysis notice on Friday, December ninth. Wells Fargo & Firm lifted their worth goal on shares of O’Reilly Automotive from $850.00 to $925.00 and gave the inventory an “obese” ranking in a analysis notice on Thursday, January fifth. Truist Monetary lifted their worth goal on shares of O’Reilly Automotive from $892.00 to $921.00 and gave the inventory a “purchase” ranking in a analysis notice on Friday, February tenth. Oppenheimer lifted their worth goal on shares of O’Reilly Automotive from $800.00 to $890.00 and gave the inventory an “outperform” ranking in a analysis notice on Friday, February tenth. Lastly, Citigroup lifted their worth goal on shares of O’Reilly Automotive from $770.00 to $855.00 and gave the inventory a “impartial” ranking in a analysis notice on Wednesday, November twenty third. 4 analysts have rated the inventory with a maintain ranking and eleven have given a purchase ranking to the corporate’s inventory. In keeping with information from MarketBeat, the corporate at the moment has a mean ranking of “Average Purchase” and a consensus worth goal of $859.60.

O’Reilly Automotive Inventory Up 0.2 %

Shares of ORLY opened at $819.52 on Friday. O’Reilly Automotive has a twelve month low of $562.90 and a twelve month excessive of $873.94. The corporate has a 50 day transferring common of $822.33 and a two-hundred day transferring common of $795.41. The corporate has a market cap of $50.67 billion, a price-to-earnings ratio of 24.47, a price-to-earnings-growth ratio of 1.73 and a beta of 0.88.

Institutional Buying and selling of O’Reilly Automotive

A number of institutional traders have just lately modified their holdings of the inventory. B. Riley Wealth Advisors Inc. grew its place in shares of O’Reilly Automotive by 21.9% within the fourth quarter. B. Riley Wealth Advisors Inc. now owns 2,217 shares of the specialty retailer’s inventory valued at $1,871,000 after buying an extra 399 shares throughout the interval. Belief Funding Advisors acquired a brand new stake in shares of O’Reilly Automotive within the fourth quarter valued at about $214,000. Natixis grew its place in shares of O’Reilly Automotive by 1,068.2% within the fourth quarter. Natixis now owns 62,613 shares of the specialty retailer’s inventory valued at $52,847,000 after buying an extra 57,253 shares throughout the interval. Callan Household Workplace LLC acquired a brand new stake in shares of O’Reilly Automotive within the fourth quarter valued at about $271,000. Lastly, Macquarie Group Ltd. grew its place in shares of O’Reilly Automotive by 2.9% within the fourth quarter. Macquarie Group Ltd. now owns 10,734 shares of the specialty retailer’s inventory valued at $9,060,000 after buying an extra 300 shares throughout the interval. Institutional traders and hedge funds personal 90.50% of the corporate’s inventory.

Insider Shopping for and Promoting at O’Reilly Automotive

In different O’Reilly Automotive information, SVP Jeffrey Alan Lauro bought 500 shares of O’Reilly Automotive inventory in a transaction on Friday, February twenty fourth. The shares had been bought at a mean worth of $834.31, for a complete worth of $417,155.00. Following the completion of the transaction, the senior vp now owns 768 shares of the corporate’s inventory, valued at $640,750.08. The transaction was disclosed in a submitting with the Securities & Trade Fee, which might be accessed by way of this hyperlink. 1.73% of the inventory is owned by company insiders.

O’Reilly Automotive Firm Profile

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O’Reilly Automotive, Inc owns and operates stores in the USA. It engages within the distribution and retailing of automotive aftermarket components, instruments, provides, tools, and equipment within the U.S., serving each skilled installers and do-it-yourself prospects. It offers new and remanufactured automotive exhausting components, together with alternators, starters, gasoline pumps, water pumps, brake system elements, batteries, belts, hoses, temperature controls, chassis components and engine components, upkeep objects consisting of oil, antifreeze merchandise, fluids, filters, lighting merchandise, engine components, and look merchandise, and equipment, corresponding to flooring mats, seat covers, and truck equipment.

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