O’Reilly Automotive Inc. (NASDAQ:ORLY) issued an update on its FY13 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $5.79-5.89 for the period, compared to the Thomson Reuters consensus estimate of $5.79, Analyst Ratings Network.com reports. The company issued revenue guidance of $6.6-6.7 billion, compared to the consensus revenue estimate of $6.64 billion.O’Reilly Automotive also updated its Q3 guidance to $1.60-1.64 EPS.
O’Reilly Automotive Inc. (NASDAQ: ORLY) traded down 0.60% on Wednesday, hitting $117.83. O’Reilly Automotive Inc. has a 52-week low of $78.58 and a 52-week high of $120.35. The stock’s 50-day moving average is currently $113.4. The company has a market cap of $13.017 billion and a price-to-earnings ratio of 23.88.
O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.09. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the previous year, the company posted $1.15 earnings per share. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. O’Reilly Automotive has set its Q3 guidance at $1.60-1.64 EPS and its FY13 guidance at $5.79-5.89 EPS. On average, analysts predict that O’Reilly Automotive Inc. will post $5.79 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on ORLY shares. Analysts at Raymond James raised their price target on shares of O’Reilly Automotive from $117.00 to $136.00 in a research note to investors on Friday, July 19th. On a related note, analysts at UBS AG raised their price target on shares of O’Reilly Automotive from $115.00 to $131.00 in a research note to investors on Friday, July 19th. Finally, analysts at Barclays Capital set a $135.00 price target on shares of O’Reilly Automotive in a research note to investors on Thursday, July 18th. They now have an overweight rating on the stock.
Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $112.38.
O’Reilly Automotive, Inc (NASDAQ: ORLY) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself (DIY) customers and professional service providers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.