Morgan Stanley (NYSE: MS) lifted their EPS estimates on shares of O’Reilly Automotive (NASDAQ: ORLY) in a research note issued on Friday. The firm currently has an “overweight” rating and a $110.00 price target on the company’s shares.
A number of other firms have also recently commented on ORLY. Analysts at Oppenheimer (NYSE: OPY) raised their EPS on shares of O’Reilly Automotive in a research note to investors on Thursday. They now have a “market perform” rating and a $108.00 price target on the stock. Separately, analysts at William Blair upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday. Finally, analysts at UBS AG (NYSE: UBS) reiterated a “buy” rating on shares of O’Reilly Automotive in a research note to investors on Tuesday, April 24th. They now have a $112.00 price target on the stock, up previously from $108.00.
O’Reilly Automotive traded down 0.47% on Friday, hitting $105.48. O’Reilly Automotive has a 1-year low of $56.25 and a 1-year high of $106.82. The company has a market cap of $13.429 billion and a price-to-earnings ratio of 28.57.
The company last announced its quarterly results on Wednesday, April 25th. It reported $1.14 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.04 EPS by $0.10. The company’s quarterly revenue was up 10.6% on a year-over-year basis. Analysts expect that O’Reilly Automotive will post $1.28 EPS next quarter.
O’Reilly Automotive, Inc. and its subsidiaries (collectively O’Reilly) are specialty retailers of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself (DIY) customers and professional service providers.