News articles about O’Reilly Automotive (NASDAQ:ORLY) have trended somewhat positive on Wednesday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. O’Reilly Automotive earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 46.6175645361788 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several research analysts recently weighed in on ORLY shares. J P Morgan Chase & Co reiterated a “neutral” rating and issued a $210.00 price objective (down from $295.00) on shares of O’Reilly Automotive in a research report on Thursday, July 6th. Morgan Stanley lowered O’Reilly Automotive from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $200.00 to $195.00 in a research report on Thursday, July 6th. BidaskClub lowered O’Reilly Automotive from a “sell” rating to a “strong sell” rating in a research report on Friday, June 23rd. Northcoast Research upgraded O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $230.00 price objective for the company in a research report on Tuesday, July 18th. They noted that the move was a valuation call. Finally, UBS AG reiterated a “buy” rating and issued a $230.00 price objective (down from $255.00) on shares of O’Reilly Automotive in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $245.30.

O’Reilly Automotive (NASDAQ:ORLY) traded up 0.73% on Wednesday, hitting $214.51. The stock had a trading volume of 804,599 shares. O’Reilly Automotive has a one year low of $169.43 and a one year high of $286.57. The company’s 50-day moving average price is $201.21 and its 200 day moving average price is $229.32. The firm has a market cap of $18.88 billion, a price-to-earnings ratio of 18.79 and a beta of 0.76.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.90 by $0.20. O’Reilly Automotive had a net margin of 12.23% and a return on equity of 72.22%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the previous year, the company earned $2.65 EPS. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. Analysts expect that O’Reilly Automotive will post $11.87 earnings per share for the current year.

O’Reilly Automotive announced that its Board of Directors has initiated a stock buyback plan on Friday, September 1st that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the specialty retailer to purchase up to 5.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

In other news, SVP Randy Johnson sold 1,040 shares of the business’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $204.44, for a total transaction of $212,617.60. Following the completion of the sale, the senior vice president now directly owns 9,232 shares of the company’s stock, valued at approximately $1,887,390.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lawrence P. Oreilly sold 5,000 shares of the business’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $197.40, for a total transaction of $987,000.00. Following the sale, the director now directly owns 142,754 shares of the company’s stock, valued at $28,179,639.60. The disclosure for this sale can be found here. Insiders have sold a total of 18,120 shares of company stock valued at $3,687,235 over the last three months. Corporate insiders own 3.12% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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