William Blair analyst Phillip Blee has maintained their bullish stance on ORLY stock, giving a Buy rating today.
Phillip Blee has given his Buy rating due to a combination of factors that highlight O’Reilly Auto’s resilience and potential for growth. Despite the mixed results in the first quarter, the company demonstrated strong comparable store sales, surpassing market expectations. This growth was driven by solid performance in both the professional and DIY segments, indicating stable market share gains.
Furthermore, O’Reilly’s gross margin remained robust, showing a slight improvement year-over-year, which suggests effective cost management. Although the EBIT margin fell short of expectations, the company’s management reaffirmed their full-year sales and margin outlook, displaying confidence in overcoming challenges such as tariff uncertainties. These elements combined suggest a positive long-term outlook for O’Reilly Auto, justifying the Buy rating.
In another report released today, Roth MKM also reiterated a Buy rating on the stock with a $1,440.00 price target.
Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORLY in relation to earlier this year.