In a report issued on February 7, Steven Shemesh from RBC Capital maintained a Buy rating on O’Reilly Auto (ORLY – Research Report), with a price target of $755.00. The company’s shares closed last Thursday at $658.45.
According to TipRanks.com, Shemesh is a 1-star analyst with an average return of 0.0% and a 66.7% success rate. Shemesh covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Albertsons Companies, and Advance Auto Parts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for O’Reilly Auto with a $740.10 average price target, implying a 17.0% upside from current levels. In a report issued on February 2, Evercore ISI also maintained a Buy rating on the stock with a $730.00 price target.
Based on O’Reilly Auto’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.48 billion and net profit of $559 million. In comparison, last year the company earned revenue of $2.83 billion and had a net profit of $393 million.
Based on the recent corporate insider activity of 59 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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