Wells Fargo analyst Zachary Fadem maintained a Buy rating on O’Reilly Auto (ORLY – Research Report) today and set a price target of $1,075.00. The company’s shares closed yesterday at $943.71.
Fadem covers the Consumer Cyclical sector, focusing on stocks such as O’Reilly Auto, Best Buy Co, and Domino’s Pizza. According to TipRanks, Fadem has an average return of 13.5% and a 64.24% success rate on recommended stocks.
In addition to Wells Fargo, O’Reilly Auto also received a Buy from D.A. Davidson’s Michael Baker in a report issued on January 2. However, today, Barclays maintained a Hold rating on O’Reilly Auto (NASDAQ: ORLY).
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ORLY market cap is currently $55.91B and has a P/E ratio of 25.10.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORLY in relation to earlier this year. Most recently, in November 2023, WILBANKS CARL DAVID, the SVP OF MERCHANDISE of ORLY sold 5,000.00 shares for a total of $4,984,650.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
O’Reilly Auto (ORLY) Company Description:
Founded in 1957 and headquartered in Missouri, O’Reilly Automotive, Inc. is a retailer of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company is engaged in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers.
Read More on ORLY:
- O’Reilly Automotive, Inc. Announces Dates for Its Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call
- O’Reilly Automotive elevated to ‘Best-of-Breed Bison’ at DA Davidson
- O’Reilly Automotive price target raised to $1,066 from $1,000 at BofA
- O’Reilly Automotive acquires Groupe Del Vasto in Quebec, Canada, no terms
- O’Reilly Automotive, Inc. to Acquire Groupe Del Vasto, Headquartered in Montreal, Canada
