O’Reilly Automotive Inc. (NASDAQ:ORLY) saw an upside of 0.68% to close Friday at $938.00 after adding $6.33 on the day. The 5-day average trading volume is 351,380 shares of the company’s common stock. It has gained $960.46 in the past week and touched a new high 3 times within the past 5 days. An average of 380,025 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 417,154.
ORLY’s 1-month performance is -1.49% or -$24.41 on its low of $914.40 reached on 07/27/23. The company’s shares have touched a 52-week low of $680.00 and high of $975.72, with the stock’s rally to the 52-week high happening on 07/12/23. YTD, ORLY has achieved 11.13% or $93.97 and has reached a new high 26 times. However, the current price is down -3.87% from the 52-week high price.
Insider Transactions
ORLY stock investors last saw insider trading activity on Aug 16.JOHNSON GREGORY D (CEO) most recently sold 2,000 shares at $954.13 per share on Aug 16. This transaction cost the insider $1,908,267. CEO, JOHNSON GREGORY D, sold 7,574 shares at a price of $944.90 on Aug 14. Then, on Aug 10, CHAIRMAN OF THE BOARD HENSLEE GREGORY L sold 14,599 shares at a price of $937.81 per share. This transaction amounted to $13,691,117.
Valuation Metrics
ORLY stock has a beta of 0.84. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.70 while the price to cash flow ratio at 21.54.
O’Reilly Automotive Inc.’s quick ratio for the period ended June 29 was 0.10, with the current ratio over the same period at 0.70. In terms of profitability, the gross margin trailing 12 months is 51.00%. The trailing 12-month EBITDA margin is 23.04% while for the period ending June 29, O’Reilly Automotive Inc.’s operating margin was 20.10%. The firm’s gross profit as reported stood at $7.38 billion against revenue of $14.41 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 8.07% to $627.37 million, while revenue of $516.89 million was 17.61% off the previous quarter. Analysts expected ORLY to announce $10.09 per share in earnings in its latest quarter, but it posted $10.22, representing a 1.30% surprise. EBITDA for the quarter stood at more than $952.91 million. ORLY stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 14.9 billion, with total debt at $7.12 billion. Shareholders hold equity totaling $60.26 million.
Let’s look briefly at O’Reilly Automotive Inc. (ORLY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 48.60% to suggest the stock is trending Neutral, with historical volatility in this time period at 13.24%.
The stock’s 5-day moving average is $943.45, reflecting a -0.59% or -$5.56 change from its current price. ORLY is currently trading -1.91% above its 20-day SMA, +14.52% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +6.22% and SMA200 by+12.04%.
Stochastic %K and %D was 52.46% and 63.43% and the average true range (ATR) pointed at 14.42. The RSI (14) points at 49.12%, while the 14-day stochastic is at 47.19% with the period’s ATR at 14.87. The stock’s 9-day MACD Oscillator is pointing at 0.65 and 4.93 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for ORLY stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate ORLY as a “sell,”, while 9 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 15 have offered a “buy” rating.
What is ORLY’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $940.00 and a high of $1075.00, with their median price target at $1009.00. Looking at these predictions, the average price target given by analysts is for O’Reilly Automotive Inc. (ORLY) stock is $1017.68.
