$9.11 EPS Expected for O’Reilly Automotive, Inc. (NASDAQ:ORLY) This Quarter

Analysts expect that O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Rating) will report earnings of $9.11 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for O’Reilly Automotive’s earnings. The lowest EPS estimate is $8.66 and the highest is $9.69. O’Reilly Automotive posted earnings of $8.33 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 9.4%. The company is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that O’Reilly Automotive will report full-year earnings of $32.99 per share for the current year, with EPS estimates ranging from $31.00 to $33.93. For the next fiscal year, analysts anticipate that the business will post earnings of $36.90 per share, with EPS estimates ranging from $35.61 to $39.00. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that cover O’Reilly Automotive.

O’Reilly Automotive (NASDAQ:ORLYGet Rating) last posted its quarterly earnings results on Wednesday, April 27th. The specialty retailer reported $7.17 earnings per share for the quarter, missing the consensus estimate of $7.48 by ($0.31). O’Reilly Automotive had a return on equity of 61,766.83% and a net margin of 15.85%. During the same period in the prior year, the company posted $7.06 EPS.

A number of brokerages recently weighed in on ORLY. Wedbush raised their price objective on O’Reilly Automotive from $650.00 to $660.00 and gave the company a “neutral” rating in a report on Thursday, February 10th. Jefferies Financial Group lifted their price objective on O’Reilly Automotive from $740.00 to $765.00 and gave the stock a “buy” rating in a research report on Friday, February 11th. Citigroup lifted their price target on O’Reilly Automotive from $675.00 to $720.00 and gave the company a “neutral” rating in a research report on Tuesday, January 18th. Truist Financial lowered their price objective on O’Reilly Automotive from $837.00 to $788.00 in a research note on Friday. Finally, StockNews.com started coverage on O’Reilly Automotive in a research note on Thursday, March 31st. They issued a “buy” rating for the company. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and a consensus price target of $720.25.

In other news, SVP Richard Darin Venosdel sold 4,754 shares of the business’s stock in a transaction that occurred on Thursday, April 7th. The stock was sold at an average price of $725.00, for a total transaction of $3,446,650.00. Following the transaction, the senior vice president now directly owns 4,200 shares in the company, valued at approximately $3,045,000. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Jeffrey Alan Lauro purchased 80 shares of O’Reilly Automotive stock in a transaction dated Wednesday, February 23rd. The shares were purchased at an average cost of $630.00 per share, for a total transaction of $50,400.00. The disclosure for this purchase can be found here. 1.73% of the stock is owned by company insiders.

Several hedge funds have recently modified their holdings of the stock. Riverview Trust Co acquired a new position in O’Reilly Automotive in the first quarter valued at $27,000. Comprehensive Financial Consultants Institutional Inc. purchased a new position in shares of O’Reilly Automotive during the fourth quarter worth about $28,000. D Orazio & Associates Inc. purchased a new position in shares of O’Reilly Automotive during the third quarter worth about $29,000. Mascoma Wealth Management LLC acquired a new stake in O’Reilly Automotive in the fourth quarter valued at about $30,000. Finally, Atlas Capital Advisors LLC acquired a new stake in O’Reilly Automotive in the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 79.79% of the company’s stock.

NASDAQ:ORLY opened at $606.55 on Friday. The business’s 50-day moving average price is $688.99 and its two-hundred day moving average price is $669.87. O’Reilly Automotive has a twelve month low of $519.32 and a twelve month high of $748.68. The stock has a market cap of $40.21 billion, a P/E ratio of 19.43, a PEG ratio of 1.73 and a beta of 1.02.

About O’Reilly Automotive (Get Rating)

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. 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.

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