Cleveland Research Upgrades O'Reilly Automotive Inc to Buy

Brokerage firm Cleveland Research Upgrades its rating on O'Reilly Automotive Inc(NASDAQ:ORLY). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by Cleveland Research was issued on Apr 14, 2016.

In a different note, Barclays said it Initiates Coverage on O'Reilly Automotive Inc, according to a research note issued on Mar 30, 2016. The shares have been rated ‘Overweight’ by the firm. On Mar 22, 2016, Oppenheimer said it Upgrades its rating on O'Reilly Automotive Inc. The shares have been rated ‘Outperform’ by the firm. On Jan 25, 2016, Deutsche Bank said it Upgrades its rating on O'Reilly Automotive Inc. The shares have been rated ‘Buy’ by the firm. On Jan 25, 2016, Sterne Agee CRT said it Upgrades its rating on O'Reilly Automotive Inc. The shares have been rated ‘Buy’ by the firm.

O'Reilly Automotive Inc (ORLY) made into the market gainers list on Mondays trading session with the shares advancing 1.53% or 4.12 points. Due to strong positive momentum, the stock ended at $272.87, which is also near the day’s high of $273.1. The stock began the session at $268.51 and the volume stood at 6,35,071 shares. The 52-week high of the shares is $277.96 and the 52 week low is $214.19. The company has a current market capitalization of $26,477 M and it has 9,70,29,791 shares in outstanding.

O'Reilly Automotive Inc(ORLY) last announced its earnings results on Feb 10, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $1.95B. Analysts had an estimated revenue of $1.91B. Earnings per share were $2.19. Analysts had estimated an EPS of $2.08.

Several Insider Transactions has been reported to the SEC. On Mar 29, 2016, Gregory L Henslee (CEO & PRESIDENT) sold 10,000 shares at $273.57 per share price.Also, On Mar 1, 2016, Jeffrey Alan Lauro (SVP OF INFORMATION SYSTEMS) purchased 100 shares at $250.00 per share price.On Feb 25, 2016, David E Oreilly (CHAIRMAN OF THE BOARD) sold 80,000 shares at $260.03 per share price, according to the Form-4 filing with the securities and exchange commission.

O’Reilly Automotive Inc. (O’Reilly) is a specialty retailer of automotive aftermarket parts tools supplies equipment and accessories in the United States. The Company’s stores carry a product line including new and remanufactured automotive hard parts maintenance items and various automotive accessories. As of December 31 2014 the Company owned and operated 4366 stores in 43 states servicing both the do-it-yourself (DIY) customers and the professional service providers. O’Reilly’s stores offer new and remanufactured automotive hard parts such as alternators starters fuel pumps water pumps brake system components batteries belts hoses temperature control chassis 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.

Leave a Reply

O'Reilly Automotive Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on O'Reilly Automotive Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.