Media headlines about O’Reilly Automotive (NASDAQ:ORLY) have been trending somewhat positive this week, according to AlphaOne Sentiment. The research group, a subsidiary of Accern, rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. O’Reilly Automotive earned a media sentiment score of 0.08 on AlphaOne’s scale. AlphaOne also assigned headlines about the specialty retailer an impact score of 33 out of 100, indicating that recent news coverage is unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have impacted AlphaOne’s rankings:
- Brokerages Expect O’Reilly Automotive, Inc. (ORLY) Will Post Quarterly Sales of $2.34 Billion (americanbankingnews.com)
- Zacks: Brokerages Anticipate O'Reilly Automotive Inc (ORLY) Will Post Earnings of $3.14 Per Share (americanbankingnews.com)
- O'Reilly Automotive’s (ORLY) “Buy” Rating Reaffirmed at Credit Suisse Group (americanbankingnews.com)
- O'Reilly Automotive’s (ORLY) Buy Rating Reaffirmed at Oppenheimer Holdings Inc. (americanbankingnews.com)
- O'Reilly Automotive Inc (ORLY) Short Interest Up 29.5% in May (americanbankingnews.com)
ORLY has been the topic of a number of analyst reports. Zacks Investment Research lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday, February 28th. Credit Suisse Group set a $290.00 price target on O’Reilly Automotive and gave the company a “buy” rating in a research report on Saturday, March 4th. Cleveland Research lowered O’Reilly Automotive from a “buy” rating to a “neutral” rating in a research report on Monday, April 3rd. Atlantic Securities raised O’Reilly Automotive to an “overweight” rating and set a $307.00 target price on the stock in a research report on Friday, April 7th. They noted that the move was a valuation call. Finally, Deutsche Bank AG lowered O’Reilly Automotive from a “buy” rating to a “hold” rating and cut their target price for the stock from $315.00 to $273.00 in a research report on Tuesday, April 25th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $300.89.
Shares of O’Reilly Automotive (NASDAQ:ORLY) traded down 1.10% on Friday, hitting $231.39. The company’s stock had a trading volume of 1,690,866 shares. The firm has a market cap of $21.06 billion, a PE ratio of 21.09 and a beta of 0.64. O’Reilly Automotive has a 1-year low of $228.43 and a 1-year high of $292.84. The company has a 50 day moving average of $244.95 and a 200 day moving average of $264.08.
O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, April 26th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.88 by $0.28. O’Reilly Automotive had a net margin of 12.10% and a return on equity of 61.79%. The firm had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the firm posted $2.59 EPS. The business’s revenue was up 2.9% on a year-over-year basis. Equities analysts forecast that O’Reilly Automotive will post $12.26 EPS for the current year.
In other news, insider Gregory D. Johnson sold 5,000 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, March 29th. The shares were sold at an average price of $275.00, for a total value of $1,375,000.00. Following the completion of the transaction, the insider now owns 8,863 shares in the company, valued at $2,437,325. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Raymond Murphy sold 600 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, May 3rd. The shares were sold at an average price of $246.77, for a total transaction of $148,062.00. The disclosure for this sale can be found here. Insiders sold 40,600 shares of company stock valued at $10,537,062 in the last quarter. 3.12% of the stock is currently owned by corporate insiders.
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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.
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