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

O’Reilly Automotive (NASDAQ:ORLY) is scheduled to be announcing its earnings results after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $9.19 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.86 billion. During the same quarter in the prior year, the business posted $8.37 EPS. O’Reilly Automotive’s quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts expect O’Reilly Automotive to post $42 EPS for the current fiscal year and $47 EPS for the next fiscal year.

O’Reilly Automotive Stock Up 0.0 %

Shares of ORLY opened at $1,091.46 on Tuesday. The company’s fifty day moving average is $1,095.28 and its 200-day moving average is $1,012.45. O’Reilly Automotive has a 12 month low of $860.10 and a 12 month high of $1,169.11. The firm has a market cap of $64.43 billion, a price-to-earnings ratio of 28.36, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the sale, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the sale, the director now owns 950 shares in the company, valued at approximately $987,316. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares in the company, valued at approximately $2,400,380. The disclosure for this sale can be found here. Insiders sold 25,968 shares of company stock valued at $27,269,333 in the last ninety days. Insiders own 1.18% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on ORLY. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th. Barclays increased their price target on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. Wells Fargo & Company increased their price target on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Monday, March 25th. Wedbush increased their price target on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. Finally, Mizuho began coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 target price on the stock. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,115.19.

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.