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Oppenheimer analyst Brian Nagel assigned a Buy rating to O’Reilly Auto (ORLY) today and set a price target of $555.00. The company’s shares closed last Wednesday at $456.47, close to its 52-week high of $496.61.
According to TipRanks.com, Nagel is a top 25 analyst with an average return of 40.1% and a 81.3% success rate. Nagel covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Lululemon Athletica, and The Lovesac Company.
Currently, the analyst consensus on O’Reilly Auto is a Moderate Buy with an average price target of $547.50, implying a 19.9% upside from current levels. In a report issued on February 5, RBC Capital also maintained a Buy rating on the stock with a $540.00 price target.
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O’Reilly Auto’s market cap is currently $33.07B and has a P/E ratio of 20.20. The company has a Price to Book ratio of -199.64.
Based on the recent corporate insider activity of 37 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.
O’Reilly Automotive, Inc. owns and operates retail outlets in the United States. It engages 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. The company provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts; maintenance items comprising oil, antifreeze products, fluids, filters, wiper blades, lighting products, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories. Its stores offer auto body paint and related materials, automotive tools and professional service provider service equipment. The company stores also offer enhanced services and programs comprising used oil, oil filter and battery recycling; battery, wiper, and bulb replacement; battery diagnostic testing; electrical and module testing; check engine light code extraction; loaner tool program; drum and rotor resurfacing; custom hydraulic hoses; professional paint shop mixing and related materials; and machine shops. Its stores provide do-it-yourself and professional service provider customers a selection of brand name, house brands, and private label products for domestic and imported automobiles, vans, and trucks. O’Reilly Automotive was founded by Charles F. O’Reilly and Charles H. O’Reilly, Sr. in November 1957 and is headquartered in Springfield, MO.
