In a report released yesterday, Greg Melich from Evercore ISI reiterated a Buy rating on O’Reilly Auto (ORLY – Research Report), with a price target of $740.00. The company’s shares closed last Tuesday at $655.17.
According to TipRanks.com, Melich is a 2-star analyst with an average return of 0.0% and a 45.5% success rate. Melich covers the Consumer Goods sector, focusing on stocks such as Academy Sports and Outdoors, Floor & Decor Holdings, and Advance Auto Parts.
Currently, the analyst consensus on O’Reilly Auto is a Moderate Buy with an average price target of $747.25.
The company has a one-year high of $710.86 and a one-year low of $463.41. Currently, O’Reilly Auto has an average volume of 520.1K.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORLY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1957 and headquartered in Missouri, O’Reilly Automotive, Inc. is a retailer of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company is engaged in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers.
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