O’Reilly Automotive Inc (ORLY) Expected to Announce Earnings of $4.69 Per Share

Analysts expect O’Reilly Automotive Inc (NASDAQ:ORLY) to announce earnings per share of $4.69 for the current fiscal quarter, according to Zacks. Eight analysts have issued estimates for O’Reilly Automotive’s earnings. The highest EPS estimate is $4.77 and the lowest is $4.63. O’Reilly Automotive posted earnings of $4.28 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 9.6%. The company is expected to issue its next quarterly earnings results on Wednesday, July 24th.

On average, analysts expect that O’Reilly Automotive will report full year earnings of $17.77 per share for the current financial year, with EPS estimates ranging from $17.56 to $18.00. For the next fiscal year, analysts anticipate that the business will post earnings of $19.84 per share, with EPS estimates ranging from $19.46 to $20.49. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow O’Reilly Automotive.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, April 24th. The specialty retailer reported $4.05 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $4.05. The firm had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.44 billion. O’Reilly Automotive had a return on equity of 333.23% and a net margin of 13.87%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.61 EPS.



Several analysts have issued reports on ORLY shares. Zacks Investment Research downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, January 25th. Credit Suisse Group restated a “hold” rating and set a $318.00 price objective on shares of O’Reilly Automotive in a report on Tuesday, February 5th. Oppenheimer downgraded O’Reilly Automotive from an “outperform” rating to a “market perform” rating in a report on Friday, February 8th. BidaskClub upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Thursday, February 14th. Finally, Atlantic Securities downgraded O’Reilly Automotive from an “overweight” rating to a “neutral” rating and boosted their price objective for the stock from $370.00 to $400.00 in a report on Friday, March 1st. Ten analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $379.13.

NASDAQ ORLY opened at $354.85 on Friday. The company has a debt-to-equity ratio of 9.29, a quick ratio of 0.10 and a current ratio of 0.84. The stock has a market cap of $28.80 billion, a price-to-earnings ratio of 22.04, a P/E/G ratio of 1.34 and a beta of 0.81. O’Reilly Automotive has a 1 year low of $264.50 and a 1 year high of $414.63.

In other news, EVP Brad W. Beckham sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $370.71, for a total value of $1,853,550.00. Following the transaction, the executive vice president now owns 5,454 shares in the company, valued at approximately $2,021,852.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David E. Oreilly sold 34,000 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $375.48, for a total value of $12,766,320.00. The disclosure for this sale can be found here. Insiders sold a total of 65,658 shares of company stock worth $24,832,177 in the last quarter. 2.52% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of ORLY. Sigma Planning Corp grew its stake in shares of O’Reilly Automotive by 5.2% in the 4th quarter. Sigma Planning Corp now owns 610 shares of the specialty retailer’s stock valued at $210,000 after buying an additional 30 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of O’Reilly Automotive by 5.4% in the 1st quarter. Parallel Advisors LLC now owns 625 shares of the specialty retailer’s stock valued at $243,000 after buying an additional 32 shares in the last quarter. Legacy Financial Advisors Inc. grew its stake in shares of O’Reilly Automotive by 16.7% in the 4th quarter. Legacy Financial Advisors Inc. now owns 237 shares of the specialty retailer’s stock valued at $82,000 after buying an additional 34 shares in the last quarter. Moloney Securities Asset Management LLC grew its stake in shares of O’Reilly Automotive by 5.4% in the 1st quarter. Moloney Securities Asset Management LLC now owns 666 shares of the specialty retailer’s stock valued at $259,000 after buying an additional 34 shares in the last quarter. Finally, Peak Asset Management LLC grew its stake in shares of O’Reilly Automotive by 3.6% in the 4th quarter. Peak Asset Management LLC now owns 1,080 shares of the specialty retailer’s stock valued at $372,000 after buying an additional 38 shares in the last quarter. Institutional investors own 87.43% of the company’s stock.

O’Reilly Automotive Company Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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Earnings History and Estimates for O`Reilly Automotive (NASDAQ:ORLY)

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