UBS Keeps Their Buy Rating on O’Reilly Auto (ORLY)

UBS analyst Michael Lasser maintained a Buy rating on O’Reilly Auto today and set a price target of $120.00.

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Lasser covers the Consumer Cyclical sector, focusing on stocks such as O’Reilly Auto, Floor & Decor Holdings, and Advance Auto Parts. According to TipRanks, Lasser has an average return of 15.6% and a 65.93% success rate on recommended stocks.

In addition to UBS, O’Reilly Auto also received a Buy from TD Cowen’s Max Rakhlenko in a report issued today. However, on the same day, Barclays maintained a Hold rating on O’Reilly Auto (NASDAQ: ORLY).

Based on O’Reilly Auto’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.89 billion and a net profit of $715.06 million. In comparison, last year the company earned a revenue of $4.53 billion and had a net profit of $668.6 million

Based on the recent corporate insider activity of 32 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. Last month, Thomas Hendrickson, a Director at ORLY sold 1,200.00 shares for a total of $105,984.00.