Several other research firms have also issued reports on ORLY. FMR LLC increased its stake in Advance Auto Parts by 8.8% in the fourth quarter. Based on a 1 to 5 integer scale, analysts have a 2.00 recommendation on the name. Manning & Napier Advisors LLC increased its stake in shares of O'Reilly Automotive by 473.9% in the first quarter. Credit Agricole S A now owns 39,757 shares of the company's stock worth $6,723,000 after buying an additional 2,602 shares during the last quarter. As of the end of the quarter West Oak Capital, LLC had sold 25 shares trimming its position 64.1%. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued. Paradigm Financial Advisors LLC increased its stake in shares of O'Reilly Automotive by 2.5% in the first quarter. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy O'Reilly Automotive, Inc. "Lowered by Analyst (NASDAQ:ORLY)" was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. The company holds 75.31 million outstanding shares and 73.54 million shares are floating in market. The firm has a 50-day moving average price of $3.22 and a 200-day moving average price of $3.38. O'Reilly Automotive, Inc. has a 12-month low of $170.68 and a 12-month high of $292.84. The company reported $1.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.20 by $0.60.
The company's Average Revenue Estimate for the current quarter is $2.29 Billion, while Low and High Revenue Estimates are $2.22 Billion and $2.33 Billion respectively. During the same period previous year, the business earned $2.51 earnings per share. The company's revenue for the quarter was up 2.9% on a year-over-year basis. On average, equities research analysts anticipate that Advance Auto Parts will post $6.63 earnings per share for the current year. "(NASDAQ:ORLY)" was first published by Markets Daily and is owned by of Markets Daily. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of USA and global trademark & copyright laws. The correct version of this article can be accessed at https://transcriptdaily.com/2017/07/10/advance-auto-parts-inc-aap-to-issue-quarterly-dividend-of-0-06-on-july-7th-updated-updated.html. Gabelli raised Advance Auto Parts from a "hold" rating to a "buy" rating in a report on Thursday, April 20th. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. Finally, Citigroup Inc. decreased their price target on Advance Auto Parts from $177.00 to $168.00 and set a "neutral" rating for the company in a research report on Tuesday, April 25th. Finally, Oppenheimer Holdings, Inc. reissued a hold rating on shares of Advance Auto Parts in a research report on Wednesday, May 24th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Their average price target spell out an upbeat performance - a 44% and would give ORLY a market capitalization of almost $22.9B.
In related news, Director Jeffrey C. Smith purchased 350,000 shares of the business's stock in a transaction on Tuesday, May 30th.
Right now, ORLY's beta is 0.78. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Adriana Karaboutis purchased 367 shares of the business's stock in a transaction on Friday, June 2nd. Allianz Asset Management AG now owns 74,412 shares of the company's stock worth $12,585,000 after buying an additional 4,148 shares during the last quarter. The disclosure for this sale can be found here. The shares were bought at an average cost of $132.18 per share, for a total transaction of $250,481.10. Following the completion of the acquisition, the insider now owns 111,030 shares of the company's stock, valued at $14,947,968.90.
O'Reilly Automotive, Inc., launched on December 20, 2010, 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.