O’Reilly Automotive (NASDAQ:ORLY) Downgraded by Citigroup to Neutral

Share on StockTwits

Citigroup cut shares of O’Reilly Automotive (NASDAQ:ORLY) from a buy rating to a neutral rating in a report released on Friday morning, BenzingaRatingsTable reports. Citigroup currently has $430.00 target price on the specialty retailer’s stock, down from their previous target price of $441.00.

A number of other equities analysts have also recently commented on the stock. ValuEngine cut shares of O’Reilly Automotive from a buy rating to a hold rating in a research report on Thursday, August 1st. Raymond James lifted their target price on shares of O’Reilly Automotive from $435.00 to $460.00 and gave the stock a strong-buy rating in a research report on Thursday, July 25th. Wells Fargo & Co reiterated a buy rating and issued a $435.00 target price on shares of O’Reilly Automotive in a research report on Tuesday, August 20th. Zacks Investment Research cut shares of O’Reilly Automotive from a hold rating to a sell rating and set a $427.00 target price on the stock. in a research report on Friday, July 19th. Finally, Northcoast Research cut shares of O’Reilly Automotive from a buy rating to a neutral rating in a research report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company’s stock. O’Reilly Automotive presently has an average rating of Buy and a consensus target price of $407.57.

O’Reilly Automotive stock opened at $390.85 on Friday. The firm’s fifty day moving average price is $382.85 and its 200-day moving average price is $381.38. The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.10 and a current ratio of 0.85. The stock has a market cap of $30.14 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 1.59 and a beta of 0.73. O’Reilly Automotive has a fifty-two week low of $314.14 and a fifty-two week high of $414.63.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $4.67 by ($0.16). The company had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.61 billion. O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $4.28 EPS. On average, analysts predict that O’Reilly Automotive will post 17.54 earnings per share for the current year.

In other O’Reilly Automotive news, Director Jay D. Burchfield sold 1,000 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $381.08, for a total value of $381,080.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jason Lee Tarrant sold 651 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $370.69, for a total transaction of $241,319.19. Following the completion of the sale, the senior vice president now directly owns 1,941 shares in the company, valued at approximately $719,509.29. The disclosure for this sale can be found here. In the last three months, insiders sold 1,773 shares of company stock worth $669,481. Insiders own 2.52% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Squar Milner Financial Services LLC grew its holdings in O’Reilly Automotive by 80.5% in the 2nd quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 33 shares during the last quarter. Shine Investment Advisory Services Inc. grew its holdings in O’Reilly Automotive by 65.4% in the 2nd quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 34 shares during the last quarter. Thor Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 1st quarter valued at about $48,000. TRUE Private Wealth Advisors bought a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at about $46,000. Finally, Ashburton Jersey Ltd bought a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at about $57,000. 85.67% of the stock is currently owned by institutional investors and hedge funds.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

Featured Story: Cost of Equity For A Business, Investors

Analyst Recommendations for O`Reilly Automotive (NASDAQ:ORLY)

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

iShares Russell 1000 Growth ETF  Shares Sold by Acropolis Investment Management LLC
iShares Russell 1000 Growth ETF Shares Sold by Acropolis Investment Management LLC
Acropolis Investment Management LLC Sells 202 Shares of Deere & Company
Acropolis Investment Management LLC Sells 202 Shares of Deere & Company
Acropolis Investment Management LLC Cuts Stock Position in Schwab International Equity ETF
Acropolis Investment Management LLC Cuts Stock Position in Schwab International Equity ETF
PPL  Lifted to Hold at Zacks Investment Research
PPL Lifted to Hold at Zacks Investment Research
T-Mobile Us  Given a $88.00 Price Target by Barclays Analysts
T-Mobile Us Given a $88.00 Price Target by Barclays Analysts
Short Interest in Beyondspring Inc  Rises By 9.4%
Short Interest in Beyondspring Inc Rises By 9.4%


© 2006-2019 Ticker Report