O'Reilly Automotive (ORLY) Stock Surges Amid Positive Earnings Report

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Oct 14, 2024
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The stock of O'Reilly Automotive (ORLY, Financial) experienced a notable increase, rising by 1.05%. The stock is currently priced at $1200.00 with a trading volume of 63,200 shares and a turnover rate of 0.11%. The stock's price fluctuation has been 1.38%.

Recent financial reports reveal O'Reilly achieved a revenue of $4.272 billion and a net profit of $623 million, translating to earnings per share of $10.61 and a gross profit of $2.168 billion. The company's price-to-earnings ratio stands at 30.12. Of the 29 institutions rating the stock, 62% recommend buying, 31% recommend holding, and 7% suggest selling.

In the retail industry, where O'Reilly operates, the overall growth is 0.76%. Within this sector, stocks like Evgo Inc and Container Store (The) are particularly active, showing high turnover rates and significant price fluctuations.

O'Reilly Automotive is a leading seller of aftermarket automotive parts, tools, and equipment, catering to both professional and DIY customers. By the end of 2021, the company operated 5,784 stores across 47 U.S. states and 25 in Mexico, with nearly half their sales from private-label products. They employ around 750 salespeople focusing on commercial buyers.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.