O'Reilly Automotive, Inc : The underlying trend is to the upside

01/13/2021 | 02:44am EST

Jordan Dufee

long trade Live

Entry price : 492.74$ | Target : 560$ | Stop-loss : 455$ | Potential : 13.65%

The underlying tendency is to the upside for shares in O'Reilly Automotive, Inc and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated. Investors have an opportunity to buy the stock and target the $ 560.

Summary

• The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
• In a short-term perspective, the company has interesting fundamentals.

Strengths

• The group's high margin levels account for strong profits.
• There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
• Historically, the company has been releasing figures that are above expectations.
• Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
• Over the past year, analysts have regularly revised upwards their sales forecast for the company.
• Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
• For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
• Analysts covering this company mostly recommend stock overweighting or purchase.
• The stock is in a well-established, long-term rising trend above the technical support level at 364.1 USD

Weaknesses

• Technically, the stock approaches a strong medium-term resistance at USD 504.65.

Ratings chart

Subsector Auto Vehicles, Parts & Service Retailers

1st jan. Capitalization (M$) Investor Rating O'REILLY AUTOMOTIVE, INC 1.05% 33 131 AUTOZONE, INC. 3.52% 28 367 COPART, INC. -9.95% 27 321 CARMAX, INC. 27.34% 19 552 CARVANA CO. 14.16% 19 236 ZHONGSHENG GROUP HOLDINGS L.. -10.23% 14 983 ADVANCE AUTO PARTS, INC., 5.82% 11 233 LITHIA MOTORS, INC. 12.94% 8 767 IAA, INC. -7.19% 8 153 AUTONATION, INC. 9.89% 6 782 PENSKE AUTOMOTIVE GROUP, IN.. 11.28% 5 309

More Results

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.