O’reilly Automotive Intrinsic Stock Value – Zacks Analysts Increase Earnings Forecast for O’Reilly Automotive

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O’REILLY ($NASDAQ:ORLY): O’Reilly Automotive, Inc., a leading automotive aftermarket parts supplier, has had its earnings estimates increased by Zacks Research Analysts. This announcement follows as O’Reilly Automotive, Inc. has been able to significantly expand its product offerings and market share throughout the year. The company offers a wide variety of auto parts, tools, and accessories to both professional technicians and do-it-yourselfers. O’Reilly also runs a nationwide network of distribution centers to provide customers with fast access to merchandise.

Overall, the Zacks Research Analysts’ adjust of O’Reilly Automotives, Inc.’s earnings estimates has been met with positive response as the outlook for future growth looks promising for the automotive parts supplier. This could lead to considerable value appreciation for investors in the stock and is certainly an encouraging sign for the company going forward.

Earnings

Recently, Zacks Investment Research analysts have increased their earnings forecast for O’Reilly Automotive. This decision was made after the company’s earnings report for fiscal year 2023 Q3 ending September 30 2021 was released. According to the report, O’Reilly Automotive earned a total revenue of 3479.57 million USD and a net income of 558.65 million USD.

Despite this, there was a 8.4% decrease in total revenue and 4.6% decrease in net income compared to the same period in the previous year. Furthermore, the company’s total revenue has increased from 3479.57 million USD to 4203.38 million USD in the last three years.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for O’reilly Automotive. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for O’reilly Automotive. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for O’reilly Automotive. More…

Key Ratios Snapshot

Some of the financial key ratios for O’reilly Automotive are shown below. More…

Price History

Monday was an up day for O’REILLY AUTOMOTIVE stock as it opened at $986.3 and closed at $995.9, a jump of 1.0% from the previous day’s closing price of $986.2. The increased earnings projection comes as a result of the company’s continued strong performance with sales numbers increasing year-over-year. Investors are optimistic that the company can maintain its momentum and deliver even better results in the future. Live Quote…

Analysis – O’reilly Automotive Intrinsic Stock Value

At GoodWhale, we have conducted an analysis of O’REILLY AUTOMOTIVE‘s wellbeing. After our thorough evaluation, we have come to the conclusion that the fair value of O’REILLY AUTOMOTIVE share is around $833.6, calculated by our proprietary Valuation Line. Currently, O’REILLY AUTOMOTIVE stock is traded at $995.9, which is a fair price, however it is overvalued by 19.5%. Therefore, we would advise investors to exercise caution when considering whether to purchase the stock at this time. More…

Peers

O’Reilly Automotive Inc is an American automotive parts retailer that provides automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. Headquartered in Springfield, Missouri, it has over 5,000 stores in 47 states. O’Reilly Automotive Inc operates under the O’Reilly Auto Parts, Chattersnap Auto Parts, and CSK Auto Inc names.

Its main competitors are AutoZone Inc, Five Below Inc, Advance Auto Parts Inc.

– AutoZone Inc ($NYSE:AZO)

AutoZone Inc is an American retailer of automotive parts and accessories, with over 6,000 stores across the United States. The company has a market cap of $43.79B as of 2022 and a Return on Equity of -61.62%. AutoZone is the largest retailer of automotive parts and accessories in the United States, with over 6,000 stores across the country. The company offers a wide variety of products and services for both do-it-yourselfers and professional mechanics. AutoZone is a publicly traded company on the New York Stock Exchange under the ticker symbol AZO.

– Five Below Inc ($NASDAQ:FIVE)

Five Below Inc is a publicly traded company with a market cap of 7.51B as of 2022. The company has a Return on Equity of 18.02%. Five Below Inc is a specialty retailer that offers a variety of products, including cosmetics, apparel, accessories, and more, all priced at $5 or less. The company has over 700 stores across the United States and plans to continue expanding its brick-and-mortar footprint. Five Below Inc is headquartered in Philadelphia, Pennsylvania.

– Advance Auto Parts Inc ($NYSE:AAP)

Advance Auto Parts is a leading retailer of automotive parts, accessories and maintenance items in the United States. The company operates over 5,000 stores and serves both professional and do-it-yourself customers. Advance Auto Parts has a market cap of 10.3B as of 2022 and a Return on Equity of 16.16%. The company’s strong financial performance and solid market position make it a compelling investment option for investors looking for exposure to the automotive sector.

Summary

O’Reilly Automotive, Inc. has recently seen its earnings estimates raised by Zacks Research Analysts. This is a positive indicator for potential investors in the company, as higher earnings estimates suggest improved future performance. O’Reilly Automotive is a leading retailer of automotive parts, accessories, and maintenance items in the US.

The increased earnings estimates from Zacks suggest that O’Reilly Automotive is likely to maintain its current level of growth and profitability. The company’s strong presence in both the retail and e-commerce industries, as well as its focus on customer service, make it an attractive investment opportunity for investors seeking long-term growth.