Daily Progress: O’Reilly Automotive, Inc. (ORLY) Drop -3.53, Closing at 1054.13

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, O’Reilly Automotive, Inc. (NASDAQ: ORLY) closed at $1054.13 down -3.53% from its previous closing price of $1092.70. In other words, the price has decreased by -$3.53 from its previous closing price. On the day, 0.92 million shares were traded. ORLY stock price reached its highest trading level at $1067.145 during the session, while it also had its lowest trading level at $1005.78.

Ratios:

For a deeper understanding of O’Reilly Automotive, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 697.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.10 and its Current Ratio is at 0.71.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 19, 2024, initiated with a Buy rating and assigned the stock a target price of $1225.

On October 10, 2023, TD Cowen started tracking the stock assigning a Outperform rating and target price of $1100.

Oppenheimer Downgraded its Outperform to Perform on October 06, 2023, whereas the target price for the stock was revised from $1000 to $930.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 04 ’24 when JOHNSON GREGORY D sold 32,291 shares for $1077.91 per share. The transaction valued at 34,806,953 led to the insider holds 4,829 shares of the business.

REAVES SHARI LYNNE sold 86 shares of ORLY for $93,499 on Mar 01 ’24. The SVP OF HR AND TRAINING now owns 970 shares after completing the transaction at $1087.20 per share. On Feb 28 ’24, another insider, MANCINI CHRISTOPHER ANDREW, who serves as the SVP OF CENTRAL STORE OPS/SALES of the company, sold 3,500 shares for $1090.00 each. As a result, the insider received 3,815,000 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ORLY now has a Market Capitalization of 62222131200 and an Enterprise Value of 69673639936. As of this moment, O’Reilly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.75, and their Forward P/E ratio for the next fiscal year is 22.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.87. Its current Enterprise Value per Revenue stands at 4.333 whereas that against EBITDA is 19.092.

Stock Price History:

Over the past 52 weeks, ORLY has reached a high of $1169.11, while it has fallen to a 52-week low of $860.10. The 50-Day Moving Average of the stock is -3.77%, while the 200-Day Moving Average is calculated to be 6.45%.

Shares Statistics:

For the past three months, ORLY has traded an average of 344.17K shares per day and 349150 over the past ten days. A total of 59.07M shares are outstanding, with a floating share count of 58.49M. Insiders hold about 0.92% of the company’s shares, while institutions hold 85.86% stake in the company. Shares short for ORLY as of 1713139200 were 748607 with a Short Ratio of 2.18, compared to 1710460800 on 811515. Therefore, it implies a Short% of Shares Outstanding of 748607 and a Short% of Float of 1.28.

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