The asset performance of O'Reilly Automotive (ORLY) has witnessed a noteworthy decline recently. Nordea Investment Management and International Assets Investment Management were reported to have cut their holdings in ORLY. Despite ongoing losses, ORLY stood strong, even outperforming competitors. Calculations reveal Fair Value of ORLY, indicating potential undervaluation in the market. Strong institutional ownership of 86-87% backs the company, reflecting those large institutions' confidence in ORLY's long-term stability. ORLY reported their Third Quarter 2024 results, hinting slight underperformance against expectations. The automaker has lowered its full-year outlook due to softening auto parts demand. Barclays raised ORLY's price target to $1,110.00 as they recognized its strength. Recent stock sales by ORLY's SVP and insiders were reported, indicating potential weakness. However, their store expansion strategy and long-term vision keep ORLY promising. ORLY's stock was upgraded by StockNews.com, yet red flags have been raised, pointing out potential risks tied to the company's market position and strategy. The announcement of a share repurchase program worth $2b was notable. Lastly, investors could consider ORLY as a potentially strong long-term value and growth stock.
O'reilly Automotive ORLY News Analytics from Fri, 01 Mar 2024 08:00:00 GMT to Fri, 10 Jan 2025 21:46:00 GMT - Rating 1 - Innovation -3 - Information 7 - Rumor -2
