Why O'Reilly Automotive Stock Sank Today [Yahoo! Finance]
O'Reilly Automotive, Inc. (ORLY)
Last o'reilly automotive, inc. earnings: 4/22 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
corporate.oreillyauto.com/corporate/whoweare.do
Company Research
Source: Yahoo! Finance
As of noon ET, O'Reilly stock was down 4% but it had been down as much as 8% earlier in the day. A good quarter for O'Reilly despite the negative reaction from investors I readily admit that the negative reaction to O'Reilly's financial results from investors is a head-scratcher. Many headlines say that O'Reilly stock is down because of disappointment regarding its profit outlook. However, the company raised its outlook for profits today. Therefore, that explanation doesn't seem to hold water. To be clear, the numbers looked good for O'Reilly. The company's sales increased 7% year over year to nearly $4 billion, bolstered by strong same-store sales growth of over 3%. Moreover, its net income was up 6% to $547 million. Granted, one might nitpick O'Reilly because its sales increased more than its profits in Q1, meaning its profit margin went down. But the company still had a Q1 profit margin of almost 14%, which is nothing to sneeze at. What should investors do now? O'Reilly
Show less
Read more
Impact Snapshot
Event Time:
ORLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ORLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ORLY alerts
High impacting O'Reilly Automotive, Inc. news events
Weekly update
A roundup of the hottest topics
ORLY
News
- O'Reilly Automotive, Inc. (NASDAQ: ORLY) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- O'Reilly Automotive: Initiate Hold Rating As Valuation Is Not Cheap [Seeking Alpha]Seeking Alpha
- O'Reilly Automotive, Inc. (NASDAQ: ORLY) had its price target lowered by analysts at Evercore ISI from $1,220.00 to $1,200.00. They now have an "outperform" rating on the stock.MarketBeat
- O'Reilly Automotive, Inc. (NASDAQ: ORLY) had its price target lowered by analysts at Truist Financial Co. from $1,234.00 to $1,212.00. They now have a "buy" rating on the stock.MarketBeat
ORLY
Earnings
- 4/24/24 - Beat
ORLY
Sec Filings
- 5/3/24 - Form 144
- 4/24/24 - Form 8-K
- 4/1/24 - Form 8-K
- ORLY's page on the SEC website