O'Reilly Automotive Inc (NASDAQ:ORLY) – Stock analysts at Wedbush issued their Q1 2018 EPS estimates for O'Reilly Automotive in a research note issued to investors on Thursday. Wedbush analyst S. Basham forecasts that the specialty retailer will post earnings of $3.63 per share for the quarter. Wedbush has a “Neutral” rating and a $250.00 price objective on the stock. Wedbush also issued estimates for O'Reilly Automotive’s Q2 2018 earnings at $3.91 EPS, Q3 2018 earnings at $4.10 EPS and Q4 2018 earnings at $3.69 EPS.

O'Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, February 7th. The specialty retailer reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.12. O'Reilly Automotive had a net margin of 12.63% and a return on equity of 119.05%. The company had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.19 billion. During the same period in the previous year, the business earned $2.59 EPS. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis.

A number of other equities research analysts have also weighed in on the stock. Zacks Investment Research upgraded shares of O'Reilly Automotive from a “hold” rating to a “buy” rating and set a $272.00 target price for the company in a research note on Wednesday, December 27th. Citigroup boosted their target price on shares of O'Reilly Automotive from $276.00 to $283.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Royal Bank of Canada upgraded shares of O'Reilly Automotive from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, December 13th. Credit Suisse Group set a $193.00 target price on shares of O'Reilly Automotive and gave the company a “hold” rating in a research note on Thursday, October 26th. Finally, UBS Group reiterated a “buy” rating and set a $240.00 target price (up from $230.00) on shares of O'Reilly Automotive in a research note on Thursday, October 19th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. O'Reilly Automotive currently has a consensus rating of “Buy” and a consensus price target of $251.05.

Shares of O'Reilly Automotive (ORLY) opened at $248.25 on Monday. The firm has a market cap of $21,061.21, a price-to-earnings ratio of 19.59, a price-to-earnings-growth ratio of 1.08 and a beta of 0.90. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.11 and a current ratio of 0.93. O'Reilly Automotive has a 12 month low of $169.43 and a 12 month high of $279.23.

O'Reilly Automotive declared that its Board of Directors has authorized a stock repurchase program on Wednesday, February 7th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the specialty retailer to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

In other news, SVP Randy Johnson sold 1,040 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $235.00, for a total transaction of $244,400.00. Following the completion of the sale, the senior vice president now owns 9,255 shares of the company’s stock, valued at approximately $2,174,925. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Thomas Mcfall sold 20,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $235.00, for a total transaction of $4,700,000.00. Following the sale, the chief financial officer now directly owns 27,431 shares of the company’s stock, valued at approximately $6,446,285. The disclosure for this sale can be found here. In the last three months, insiders have sold 153,680 shares of company stock valued at $35,748,242. Insiders own 3.12% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Commonwealth Bank of Australia boosted its holdings in O'Reilly Automotive by 25.4% in the 3rd quarter. Commonwealth Bank of Australia now owns 8,385 shares of the specialty retailer’s stock worth $1,799,000 after buying an additional 1,698 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in O'Reilly Automotive by 147.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 11,582 shares of the specialty retailer’s stock worth $2,494,000 after buying an additional 6,910 shares during the period. Alps Advisors Inc. boosted its holdings in O'Reilly Automotive by 35.8% in the 3rd quarter. Alps Advisors Inc. now owns 2,360 shares of the specialty retailer’s stock worth $508,000 after buying an additional 622 shares during the period. Andra AP fonden boosted its holdings in O'Reilly Automotive by 11.2% in the 3rd quarter. Andra AP fonden now owns 28,461 shares of the specialty retailer’s stock worth $6,130,000 after buying an additional 2,861 shares during the period. Finally, Canada Pension Plan Investment Board boosted its holdings in O'Reilly Automotive by 226.3% in the 3rd quarter. Canada Pension Plan Investment Board now owns 52,769 shares of the specialty retailer’s stock worth $11,365,000 after buying an additional 36,596 shares during the period. 88.14% of the stock is owned by hedge funds and other institutional investors.

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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.

Earnings History and Estimates for O'Reilly Automotive (NASDAQ:ORLY)

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