Analysts at Morgan Stanley (NYSE: MS) increased their price target on shares of O’Reilly Automotive (NASDAQ: ORLY) to $115.00 in a research report issued to clients and investors on Monday. The firm currently has an “outperform” rating on the stock.
A number of other analysts have also recently weighed in on ORLY. Analysts at Zacks reiterated a “neutral” rating on shares of O’Reilly Automotive in a research note to investors on Friday. They now have a $108.00 price target on the stock. Separately, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of O’Reilly Automotive from $110.00 to $120.00 in a research note to investors on Friday. They now have an “overweight” rating on the stock. Finally, analysts at Oppenheimer (NYSE: OPY) raised their EPS on shares of O’Reilly Automotive in a research note to investors on Thursday, April 26th. They now have a “market perform” rating and a $108.00 price target on the stock.
O’Reilly Automotive traded up 0.56% on Monday, hitting $106.10. 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 $13.368 billion and a price-to-earnings ratio of 25.50.
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 $1.29 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.