O’Reilly Automotive, Inc. (ORLY) Shares Up Despite Recent Market Volatility

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O’Reilly Automotive, Inc. (NASDAQ: ORLY)’s stock price has gone rise by 2.95 in comparison to its previous close of 1050.71, however, the company has experienced a 5.22% increase in its stock price over the last five trading days. zacks.com reported 2024-07-24 that The headline numbers for O’Reilly Automotive (ORLY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Is It Worth Investing in O’Reilly Automotive, Inc. (NASDAQ: ORLY) Right Now?

The price-to-earnings ratio for O’Reilly Automotive, Inc. (NASDAQ: ORLY) is above average at 27.22x. The 36-month beta value for ORLY is also noteworthy at 0.92. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 11 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”

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The public float for ORLY is 58.36M, and at present, short sellers hold a 2.04% of that float. The average trading volume of ORLY on July 25, 2024 was 429.74K shares.

ORLY’s Market Performance

ORLY stock saw an increase of 5.22% in the past week, with a monthly gain of 2.26% and a quarterly increase of -1.00%. The volatility ratio for the week is 1.85%, and the volatility levels for the last 30 days are 1.95% for O’Reilly Automotive, Inc. (ORLY). The simple moving average for the past 20 days is 4.20% for ORLY’s stock, with a 6.55% simple moving average for the past 200 days.

Analysts’ Opinion of ORLY

Many brokerage firms have already submitted their reports for ORLY stocks, with Mizuho repeating the rating for ORLY by listing it as a “Buy.” The predicted price for ORLY in the upcoming period, according to Mizuho is $1225 based on the research report published on March 19, 2024 of the current year 2024.

TD Cowen, on the other hand, stated in their research note that they expect to see ORLY reach a price target of $1100. The rating they have provided for ORLY stocks is “Outperform” according to the report published on October 10th, 2023.

Oppenheimer gave a rating of “Perform” to ORLY, setting the target price at $930 in the report published on October 06th of the previous year.

ORLY Trading at 6.37% from the 50-Day Moving Average

After a stumble in the market that brought ORLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.47% of loss for the given period.

Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 1.85%, as shares surge +2.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.70% upper at present.

During the last 5 trading sessions, ORLY rose by +5.11%, which changed the moving average for the period of 200-days by +19.78% in comparison to the 20-day moving average, which settled at $1,039.59. In addition, O’Reilly Automotive, Inc. saw 13.86% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ORLY starting from OREILLY LAWRENCE P, who sale 1,500 shares at the price of $962.58 back on May 31 ’24. After this action, OREILLY LAWRENCE P now owns 155,354 shares of O’Reilly Automotive, Inc., valued at $1,443,864 using the latest closing price.

OREILLY LAWRENCE P, the Director of O’Reilly Automotive, Inc., sale 1,500 shares at $962.31 during a trade that took place back on May 31 ’24, which means that OREILLY LAWRENCE P is holding 30,113 shares at $1,443,467 based on the most recent closing price.

Stock Fundamentals for ORLY

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.51 for the gross margin

The net margin for O’Reilly Automotive, Inc. stands at 0.15. The total capital return value is set at 0.52.

Based on O’Reilly Automotive, Inc. (ORLY), the company’s capital structure generated 1.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at -4.87. The interest coverage ratio of the stock is -722.98.

When we switch over and look at the enterprise to sales, we see a ratio of 4.47. The receivables turnover for the company is 34.24for trailing twelve months and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.

Conclusion

In summary, O’Reilly Automotive, Inc. (ORLY) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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