Summary:
- O'Reilly Automotive reports strong Q1 performance with 3.6% growth in comparable store sales.
- The company raises its EPS guidance and announces a 15-to-1 stock split to improve share accessibility.
- Analyst forecasts suggest a potential upside of 7.90%, with a consensus "Outperform" rating.
O'Reilly Automotive (ORLY, Financial) has delivered impressive results in its first quarter, showcasing a 3.6% increase in comparable store sales, primarily fueled by the professional segment. The company has also elevated its diluted EPS guidance to a range of $42.90 to $43.40. In a move to enhance investment accessibility, O'Reilly has announced a 15-to-1 stock split. The first quarter saw an increase in sales by $161 million.
Analyst Insights and Market Forecast
According to 22 analysts' one-year price targets, O'Reilly Automotive Inc (ORLY, Financial) has an average target price of $1,456.96, with a high estimate of $1,600.00 and a low of $1,110.12. This average target suggests a potential upside of 7.90% from the current price of $1,350.26. For more detailed estimates, visit the O'Reilly Automotive Inc (ORLY) Forecast page.
The consensus recommendation from 31 brokerage firms positions O'Reilly Automotive Inc (ORLY, Financial) with an average brokerage rating of 2.1, which corresponds to an "Outperform" status. The rating scale spans from 1 to 5, where 1 indicates Strong Buy and 5 represents Sell.
As per GuruFocus estimates, the GF Value for O'Reilly Automotive Inc (ORLY, Financial) is projected to be $1,213.60 in one year, indicating a potential downside of 10.12% from the current price of $1,350.26. The GF Value is calculated based on historical trading multiples, past business growth, and projected future business performance. For more insights, visit the O'Reilly Automotive Inc (ORLY) Summary page.
