Q1 2019 EPS Estimates for O’Reilly Automotive Inc (ORLY) Decreased by William Blair

O’Reilly Automotive Inc (NASDAQ:ORLY) – Research analysts at William Blair reduced their Q1 2019 earnings per share estimates for shares of O’Reilly Automotive in a report released on Wednesday, February 6th. William Blair analyst D. Hofkin now expects that the specialty retailer will earn $4.04 per share for the quarter, down from their previous forecast of $4.07. William Blair also issued estimates for O’Reilly Automotive’s Q2 2019 earnings at $4.64 EPS, Q3 2019 earnings at $4.76 EPS, Q4 2019 earnings at $4.21 EPS, FY2019 earnings at $17.65 EPS, Q1 2020 earnings at $4.48 EPS, Q2 2020 earnings at $5.13 EPS, Q3 2020 earnings at $5.27 EPS, Q4 2020 earnings at $4.68 EPS and FY2020 earnings at $19.55 EPS.

Other equities analysts have also issued research reports about the stock. Wells Fargo & Co reiterated a “buy” rating and issued a $345.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 24th. Jefferies Financial Group increased their target price on shares of O’Reilly Automotive from $350.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, October 26th. BidaskClub lowered shares of O’Reilly Automotive from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 26th. Zacks Investment Research upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating and set a $393.00 target price for the company in a research report on Tuesday, November 27th. Finally, Oppenheimer restated a “buy” rating on shares of O’Reilly Automotive in a research report on Thursday, December 20th. Eight research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $350.25.

Shares of ORLY opened at $365.46 on Friday. The stock has a market capitalization of $28.33 billion, a P/E ratio of 22.70, a P/E/G ratio of 1.26 and a beta of 0.89. The company has a debt-to-equity ratio of 6.37, a current ratio of 0.91 and a quick ratio of 0.11. O’Reilly Automotive has a 52-week low of $217.64 and a 52-week high of $366.18.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, February 6th. The specialty retailer reported $3.72 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.76 by ($0.04). The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.33 billion. O’Reilly Automotive had a net margin of 13.89% and a return on equity of 303.97%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.90 EPS.

O’Reilly Automotive announced that its board has approved a share repurchase plan on Tuesday, November 13th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the specialty retailer to purchase up to 3.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Several large investors have recently bought and sold shares of ORLY. Virtus ETF Advisers LLC bought a new position in shares of O’Reilly Automotive during the 4th quarter valued at about $25,000. CNB Bank purchased a new stake in O’Reilly Automotive during the fourth quarter valued at about $35,000. Capital Investment Advisory Services LLC purchased a new stake in O’Reilly Automotive during the fourth quarter valued at about $39,000. Clean Yield Group purchased a new stake in O’Reilly Automotive during the fourth quarter valued at about $40,000. Finally, Lindbrook Capital LLC purchased a new stake in O’Reilly Automotive during the fourth quarter valued at about $43,000. Institutional investors own 84.96% of the company’s stock.

O’Reilly Automotive Company Profile

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

See Also: Fundamental Analysis

Earnings History and Estimates for O`Reilly Automotive (NASDAQ:ORLY)

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