News headlines about O’Reilly Automotive (NASDAQ:ORLY) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. O’Reilly Automotive earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the specialty retailer an impact score of 46.027861032028 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Bulls&Bears Captivating in Wall Street: O’Reilly Automotive, Inc. (NASDAQ:ORLY) – NASDAQ Times (nasdaqtimes.com)
- O’Reilly Auto Parts: An Opportunistic Buy For Consistency And … – Seeking Alpha (seekingalpha.com)
- SMS Assist Wins Lighthouse Award at 18th Annual ITA CityLIGHTS Awards (itbusinessnet.com)
- Commit To Purchase O’Reilly Automotive At $170, Earn 4.9% Annualized Using Options (nasdaq.com)
- Is O’Reilly Automotive (ORLY) a Great Stock for Value Investors? (finance.yahoo.com)
O’Reilly Automotive (ORLY) traded up 3.62% during mid-day trading on Friday, reaching $209.59. 1,027,152 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $201.21 and a 200-day moving average price of $229.32. The stock has a market cap of $18.45 billion, a P/E ratio of 18.36 and a beta of 0.76. O’Reilly Automotive has a 52 week low of $169.43 and a 52 week high of $286.57.
O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.90 by $0.20. O’Reilly Automotive had a return on equity of 72.22% and a net margin of 12.23%. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the firm earned $2.65 EPS. O’Reilly Automotive’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, analysts forecast that O’Reilly Automotive will post $11.87 earnings per share for the current year.
O’Reilly Automotive announced that its board has approved a stock buyback plan on Friday, September 1st that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the specialty retailer to buy up to 5.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.
Several research firms have recently weighed in on ORLY. UBS AG lowered shares of O’Reilly Automotive from a “positive” rating to a “neutral” rating in a research report on Tuesday, June 20th. Oppenheimer Holdings, Inc. restated a “buy” rating on shares of O’Reilly Automotive in a research report on Wednesday, August 9th. Wedbush restated a “neutral” rating on shares of O’Reilly Automotive in a research report on Thursday, July 6th. Morgan Stanley lowered shares of O’Reilly Automotive from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $200.00 to $195.00 in a research report on Thursday, July 6th. Finally, Bank of America Corporation lowered shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $325.00 to $200.00 in a research report on Friday, July 7th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $245.30.
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In other O’Reilly Automotive news, SVP Randy Johnson sold 1,040 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $197.19, for a total value of $205,077.60. Following the sale, the senior vice president now owns 9,238 shares in the company, valued at approximately $1,821,641.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lawrence P. Oreilly sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $197.40, for a total value of $987,000.00. Following the completion of the sale, the director now owns 142,754 shares in the company, valued at approximately $28,179,639.60. The disclosure for this sale can be found here. Insiders sold a total of 18,120 shares of company stock worth $3,687,235 in the last 90 days. Company insiders own 3.12% of the company’s stock.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc 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. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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