Wells Fargo (NYSE:WFC) analyst Zachary Fadem maintained a Buy rating on O'Reilly Auto (NASDAQ:ORLY) on Tuesday, setting a price target of $525, which is approximately 15.14% above the present share price of $455.96.
Fadem expects O'Reilly Auto to post earnings per share (EPS) of $7.16 for the fourth quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in O'Reilly Auto, with an average price target of $517.31.
The analysts price targets range from a high of $573 to a low of $450.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $3.09 billion and a net profit of $736.49 million. The company's market cap is $33.77 billion.
According to TipRanks.com, Wells Fargo analyst Zachary Fadem is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.5% and a 76.15% success rate.
O'Reilly Automotive, Inc. owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. The company provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts; maintenance items comprising oil, antifreeze products, fluids, filters, wiper blades, lighting products, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories. Its stores offer auto body paint and related materials, automotive tools and professional service provider service equipment. The company stores also offer enhanced services and programs comprising used oil, oil filter and battery recycling; battery, wiper, and bulb replacement; battery diagnostic testing; electrical and module testing; check engine light code extraction; loaner tool program; drum and rotor resurfacing; custom hydraulic hoses; professional paint shop mixing and related materials; and machine shops. Its stores provide do-it-yourself and professional service provider customers a selection of brand name, house brands, and private label products for domestic and imported automobiles, vans, and trucks. O'Reilly Automotive was founded by Charles F. O'Reilly and Charles H. O'Reilly, Sr. in November 1957 and is headquartered in Springfield, MO.