Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate O'Reilly Automotive Inc before investing.

In this article, we go over a few key elements for understanding O'Reilly Automotive Inc’s stock price such as:

• O'Reilly Automotive Inc’s current stock price and volume
• Why O'Reilly Automotive Inc’s stock price changed recently
• Upgrades and downgrades for ORLY from analysts
• ORLY’s stock price momentum as measured by its relative strength

About O'Reilly Automotive Inc (ORLY)

Before we jump into O'Reilly Automotive Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

O'Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both the do-it-yourself and professional service provider markets. The Company's stores carry various product line, including new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting, oil and wiper blades, and accessories, such as floor mats, seat covers and truck accessories. Its stores offer various enhanced services and programs to its customers, such as battery diagnostic testing; battery, wiper and bulb replacement; custom hydraulic hoses, and drum and rotor resurfacing. It operates approximately 6,157 stores across 48 states in United States, Puerto Rico and Mexico.

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O'Reilly Automotive Inc’s Stock Price as of Market Close

As of July 25, 2024, 4:00 PM, CST, O'Reilly Automotive Inc’s stock price was $1,092.91.

O'Reilly Automotive Inc is up 4.02% from its previous closing price of $1,050.71.

During the last market session, O'Reilly Automotive Inc’s stock traded between $1,040.00 and $1,061.59. Currently, there are 59.02 million shares of O'Reilly Automotive Inc stock available for purchase.

O'Reilly Automotive Inc’s price-earnings (P/E) ratio is currently at 26.7, which is high compared to the Retailers - Auto Vehicles, Parts & Service industry median of 11.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

O'Reilly Automotive Inc Stock Price History

O'Reilly Automotive Inc’s (ORLY) price is currently up 3.49% so far this month.

During the month of July, O'Reilly Automotive Inc’s stock price has reached a high of $1,112.18 and a low of $1,008.55.

Over the last year, O'Reilly Automotive Inc has hit prices as high as $1,169.11 and as low as $860.10. Year to date, O'Reilly Automotive Inc’s stock is up 29.49%.

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What Caused O'Reilly Automotive Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 24, 2024, there were 11 analysts who downgraded O'Reilly Automotive Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate O'Reilly Automotive Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on O'Reilly Automotive Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

O'Reilly Automotive Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about O'Reilly Automotive Inc (ORLY) by visiting AAII Stock Evaluator.

Relative Price Strength of O'Reilly Automotive Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 24, 2024, O'Reilly Automotive Inc has a weighted four-quarter relative price strength of -3.67%, which translates to a Momentum Score of 49 and is considered to be Average.

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O'Reilly Automotive Inc Stock Price: Bottom Line

As of July 25, 2024, O'Reilly Automotive Inc’s stock price is $1,092.91, which is up 4.02% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like O'Reilly Automotive Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.