Wolfe Research Upgrades O'Reilly Automotive Inc to Outperform

Brokerage firm Wolfe Research Upgrades its rating on O'Reilly Automotive Inc(NASDAQ:ORLY). The shares have been rated Outperform. Previously, the analysts had a Peer Perform rating on the shares. The rating by Wolfe Research was issued on Apr 12, 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) shares turned negative on Fridays trading session with the shares closing down -1.04 points or -0.39% at a volume of 5,52,694. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $269.76. The peak price level was also seen at $269.76 while the days lowest was $268.01. Finally the shares closed at $268.75. The 52-week high of the shares is $277.96 while the 52-week low is $212.15. According to the latest information available, the market cap of the company is $26,077 M.

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.

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