Media coverage about O’Reilly Automotive (NASDAQ:ORLY) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. O’Reilly Automotive earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the specialty retailer an impact score of 46.9505427104609 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Today’s Hot Stock Under Review – O’Reilly Automotive, Inc., (NASDAQ: ORLY) – Stock Watch (stocksnewstimes.com)
- O’Reilly Automotive, Inc. Appoints Greg Henslee and Dana Perlman to Its Board of Directors – GlobeNewswire (press release) (globenewswire.com)
- O’Reilly Automotive, Inc. (ORLY) Chairman Sells $21,114.00 in Stock (americanbankingnews.com)
- O’Reilly Automotive, Inc. (ORLY) SVP Sells $161,332.50 in Stock (americanbankingnews.com)
- Paul R. Lederer Sells 845 Shares of O’Reilly Automotive, Inc. (ORLY) Stock (americanbankingnews.com)
Shares of O’Reilly Automotive (ORLY) traded down $0.26 during trading hours on Tuesday, hitting $214.17. The stock had a trading volume of 734,600 shares, compared to its average volume of 1,330,175. The company has a debt-to-equity ratio of 4.72, a current ratio of 0.93 and a quick ratio of 0.10. O’Reilly Automotive has a one year low of $169.43 and a one year high of $286.57. The firm has a market capitalization of $18,232.49, a price-to-earnings ratio of 18.63, a price-to-earnings-growth ratio of 1.27 and a beta of 0.80.
O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.15 by $0.07. O’Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the company posted $2.90 earnings per share. O’Reilly Automotive’s revenue was up 5.3% compared to the same quarter last year. research analysts anticipate that O’Reilly Automotive will post 11.91 EPS for the current year.
O’Reilly Automotive announced that its Board of Directors has initiated a stock buyback program on Friday, September 1st that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the specialty retailer to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.
Several analysts recently commented on the company. Oppenheimer Holdings, Inc. reduced their target price on O’Reilly Automotive from $300.00 to $220.00 and set an “outperform” rating on the stock in a report on Thursday, July 20th. Wedbush reissued a “neutral” rating and issued a $195.00 price target on shares of O’Reilly Automotive in a research note on Thursday, July 27th. Deutsche Bank AG reissued a “hold” rating and issued a $190.00 price target (down from $272.00) on shares of O’Reilly Automotive in a research note on Friday, July 21st. UBS AG reissued a “buy” rating and issued a $230.00 price target (down from $255.00) on shares of O’Reilly Automotive in a research note on Tuesday, July 25th. Finally, Bank of America Corporation reissued a “buy” rating and issued a $250.00 price target on shares of O’Reilly Automotive in a research note on Tuesday, September 5th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. O’Reilly Automotive has a consensus rating of “Hold” and an average price target of $243.48.
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In related news, SVP Jeremy Adam Fletcher sold 750 shares of the company’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $215.11, for a total transaction of $161,332.50. Following the completion of the sale, the senior vice president now owns 1,640 shares in the company, valued at $352,780.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Rosalie Oreilly Wooten sold 5,000 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $200.87, for a total value of $1,004,350.00. Following the sale, the director now owns 72,562 shares of the company’s stock, valued at approximately $14,575,528.94. The disclosure for this sale can be found here. Insiders have sold 17,445 shares of company stock valued at $3,561,829 in the last quarter. 3.12% of the stock is currently owned by corporate insiders.
O’Reilly Automotive Company Profile
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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