Q4 EPS Forecast for O’Reilly Automotive Increased by Analyst

O’Reilly Automotive, Inc. (NASDAQ:ORLY) – Research analysts at Wedbush lifted their Q4 2024 earnings estimates for shares of O’Reilly Automotive in a note issued to investors on Thursday, October 24th. Wedbush analyst S. Basham now forecasts that the specialty retailer will post earnings of $9.88 per share for the quarter, up from their prior estimate of $9.56. Wedbush has a “Neutral” rating and a $1,200.00 price objective on the stock. The consensus estimate for O’Reilly Automotive’s current full-year earnings is $41.05 per share. Wedbush also issued estimates for O’Reilly Automotive’s Q3 2025 earnings at $12.33 EPS.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period last year, the firm earned $10.72 earnings per share. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis.

Several other research firms have also weighed in on ORLY. Royal Bank of Canada lifted their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday. UBS Group reduced their price target on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research report on Thursday, July 18th. Evercore ISI upped their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. TD Cowen raised their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday. Finally, JPMorgan Chase & Co. boosted their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Trading Down 0.4 %

O’Reilly Automotive stock opened at $1,195.22 on Friday. The firm has a market capitalization of $69.33 billion, a P/E ratio of 30.08, a PEG ratio of 2.29 and a beta of 0.92. The business has a 50-day moving average of $1,150.51 and a 200-day moving average of $1,082.08. O’Reilly Automotive has a 1 year low of $895.88 and a 1 year high of $1,221.18.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the transaction, the senior vice president now owns 265 shares of the company’s stock, valued at $296,800. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Insiders sold a total of 50,411 shares of company stock valued at $56,846,062 in the last quarter. 1.55% of the stock is currently owned by insiders.

Hedge Funds Weigh In On O’Reilly Automotive

A number of institutional investors have recently added to or reduced their stakes in ORLY. Trifecta Capital Advisors LLC grew its position in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the period. Indiana Trust & Investment Management CO raised its holdings in shares of O’Reilly Automotive by 325.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 26 shares during the period. Crewe Advisors LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at about $43,000. Kings Path Partners LLC bought a new position in O’Reilly Automotive during the second quarter worth about $44,000. Finally, ORG Partners LLC acquired a new position in O’Reilly Automotive during the second quarter worth approximately $48,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

About O’Reilly Automotive

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