Analyst Tristan M. Thomas-Martin of BMO Capital maintained a Buy rating on O’Reilly Auto, with a price target of $110.00.
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Tristan M. Thomas-Martin has given his Buy rating due to a combination of factors including O’Reilly Auto’s strong financial performance and strategic initiatives. The company exceeded expectations in its third-quarter earnings and same-store sales growth, which were driven by robust trends in both professional and DIY segments. Additionally, O’Reilly Auto raised its earnings guidance for 2025, signaling confidence in its continued growth trajectory.
Moreover, the company’s expansion of its supply chain network, particularly in under-penetrated regions, is expected to enhance its market share. Despite some moderation in same-SKU inflation benefits, the company’s strategic positioning in a growing and fragmented market, along with its superior customer service, supports the expectation of continued outperformance. These factors collectively underpin Tristan M. Thomas-Martin’s positive outlook on O’Reilly Auto’s stock.
M. Thomas-Martin covers the Consumer Cyclical sector, focusing on stocks such as Brunswick, Winnebago Industries, and Advance Auto Parts. According to TipRanks, M. Thomas-Martin has an average return of 1.9% and a 56.41% success rate on recommended stocks.
In another report released today, Roth MKM also reiterated a Buy rating on the stock with a $112.00 price target.