O’Reilly Automotive, Inc. (ORLY) stock expected to loss -22.7% in the coming months

At the time of writing, O’Reilly Automotive, Inc. [ORLY] stock is trading at $1126.34, down -1.28%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ORLY shares have gain 7.20% over the last week, with a monthly amount glided 10.83%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

O’Reilly Automotive, Inc. [NASDAQ: ORLY] stock has seen the most recent analyst activity on March 19, 2024, when Mizuho initiated its Buy rating and assigned the stock a price target of $1225. Previously, TD Cowen started tracking the stock with Outperform rating on October 10, 2023, and set its price target to $1100. On October 06, 2023, downgrade downgraded it’s rating to Perform and revised its price target to $930 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $1040 on October 05, 2023. ROTH MKM reiterated a Buy rating for this stock on May 12, 2023, and upped its price target to $995. In a note dated February 08, 2023, Barclays initiated an Equal Weight rating and provided a target price of $815 on this stock.

For the past year, the stock price of O’Reilly Automotive, Inc. fluctuated between $860.10 and $1169.11. Currently, Wall Street analysts expect the stock to reach $870.62 within the next 12 months. O’Reilly Automotive, Inc. [NASDAQ: ORLY] shares were valued at $1126.34 at the most recent close of the market. An investor can expect a potential drop of -22.7% based on the average ORLY price forecast.

Analyzing the ORLY fundamentals

According to O’Reilly Automotive, Inc. [NASDAQ:ORLY], the company’s sales were 16.28B for trailing twelve months, which represents an 4.99% jump. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is -1.47 and Total Capital is 0.52. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.87.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1,117.25 points at the first support level, and at 1,108.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 1,141.41, and for the 2nd resistance point, it is at 1,156.47.

Ratios To Look Out For

It is important to note that O’Reilly Automotive, Inc. [NASDAQ:ORLY] has a current ratio of 0.70. In addition, the Quick Ratio stands at 0.11 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 4.07 and price to earnings (TTM) ratio is 28.34.

Transactions by insiders

Recent insider trading involved JOHNSON GREGORY D, Director, that happened on Jul 31 ’24 when 15364.0 shares were purchased. Officer, GREGORY L HENSLEE completed a deal on Jul 30 ’24 to buy 18264.0 shares. Meanwhile, Officer HOPPER PHILIP M bought 1023.0 shares on Jul 30 ’24.

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