O’Reilly Auto (ORLY – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst on February 7. Analyst Tristan M. Thomas-Martin from BMO Capital maintained a Buy rating on the stock and has a $1,450.00 price target.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Tristan M. Thomas-Martin has given his Buy rating due to a combination of factors contributing to O’Reilly Auto’s potential for long-term growth. Despite some mixed results in the fourth quarter of 2024, such as stronger-than-expected same-store sales and weaker margins, the company is poised to benefit from industry tailwinds. There is confidence that O’Reilly’s growth strategy, ability to capture market share, and opportunities for geographic expansion will support its continued success.
Looking forward, O’Reilly anticipates modest same-store sales growth in 2025, driven by both the professional and DIY segments. The professional segment, in particular, is expected to see strong growth due to increased ticket counts and market share gains. Although operating margins are projected to slightly decrease, the company plans to mitigate any potential tariff impacts through pricing power. Additionally, the expansion plan to open new stores further underscores the company’s commitment to growth and adaptability in a fragmented market.
In another report released today, Roth MKM also reiterated a Buy rating on the stock with a $1,440.00 price target.
ORLY’s price has also changed moderately for the past six months – from $1109.050 to $1316.750, which is a 18.73% increase.