Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Investing.com - DA Davidson has reiterated its Buy rating on O’Reilly Automotive (NASDAQ:ORLY) with a price target of $107.00, according to a recent research note. According to InvestingPro data, the company is currently trading near its 52-week high of $100.1, with 8 analysts recently revising their earnings expectations upward for the upcoming period.
The auto parts retailer has maintained positive momentum, beating comparable sales expectations for the third consecutive quarter after missing estimates during the first three quarters of 2024. The company’s strong performance is reflected in its impressive 34.7% total return over the past year, with revenue growing at 5.15%.
O’Reilly reported gross margin growth of 70 basis points, marking the largest increase since the third quarter of 2024, though these gains were offset by higher expense rates as the company continues to reinvest in its business operations.
Despite the higher expenses, the company delivered earnings per share results in line with expectations, neither exceeding nor falling short of analyst projections.
The company has slightly raised both its top-line and bottom-line guidance, with the new projected ranges encompassing current consensus estimates, while the implied outlook for the second half of the year suggests potential improvement in profit growth.
In other recent news, O’Reilly Automotive reported its Q2 2025 earnings, meeting analyst expectations with an earnings per share (EPS) of $0.78 and revenue of $4.53 billion. The company’s steady earnings and strong sales performance have contributed to a positive outlook among investors. Additionally, UBS has raised its price target for O’Reilly Automotive to $115 from $105, maintaining a Buy rating. This adjustment is attributed to O’Reilly’s second-quarter comparable sales growth of 4.1%, which UBS interprets as a sign of the company gaining market share in the automotive aftermarket sector. These developments reflect the company’s strategic expansions and robust performance in recent months.
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