On July 27, O'Reilly rose 3.04% in regular trading, trading at $90.03/share, with turnover of $82.23 million. The stock gained momentum as multiple institutions issued bullish forecasts ahead of the company's Q2 earnings report scheduled for July 29 after market close.
UBS Securities expects O'Reilly to deliver a \"resilient\" Q2 result, forecasting same-store sales growth of 6%, above the consensus estimate of 5.4%, reflecting continued pricing benefits and market share gains across its commercial and DIY segments. UBS projects EPS of $0.86, in line with consensus. RBC Capital Markets, while lowering its Q2 estimate slightly, still expects full-year performance toward the upper end of guidance, with adjusted EPS rising 11% year-over-year to $0.87. Wells Fargo maintains an Overweight rating with a $100 price target, while the analyst consensus mean target stands near $110.
The company reported Q1 EPS of $0.72, beating the $0.70 estimate, and guided full-year EPS of $3.15–$3.25. In June, O'Reilly expanded its buyback program by $2 billion to $31.75 billion, signaling confidence in long-term cash generation.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)