UBS Maintains O'Reilly Automotive Inc to Buy with Price Target $315.00

Brokerage firm UBS Maintains its rating on O'Reilly Automotive Inc(NASDAQ:ORLY). In a research note issued to the investors, the brokerage major Raises the price-target to $315.00 per share. The shares have been rated Buy. The rating by UBS was issued on Jul 28, 2016.

In a different note, BTIG Research said it Initiates Coverage on O'Reilly Automotive Inc, according to a research note issued on Jun 1, 2016. The shares have been rated ‘Buy’ by the firm.

O'Reilly Automotive Inc (ORLY) made into the market gainers list on Thursdays trading session with the shares advancing 0.71% or 2.03 points. Due to strong positive momentum, the stock ended at $288.71, which is also near the day’s high of $289.95. The stock began the session at $287.25 and the volume stood at 5,04,559 shares. The 52-week high of the shares is $292.84 and the 52 week low is $225.12. The company has a current market capitalization of $27,848 M and it has 9,64,55,859 shares in outstanding.

O'Reilly Automotive Inc(ORLY) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $2.18B. Analysts had an estimated revenue of $2.19B. Earnings per share were $2.65. Analysts had estimated an EPS of $2.68.

Several Insider Transactions has been reported to the SEC. On Jun 29, 2016, Thomas Mcfall (CFO & EVP OF FINANCE) sold 10,000 shares at $270.00 per share price.Also, On Jun 6, 2016, Ronald Rashkow (director) sold 367 shares at $265.29 per share price.On May 27, 2016, Paul R Lederer (director) sold 1,865 shares at $265.00 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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