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If You Invested $1000 in O'Reilly Automotive 10 Years Ago, This Is How Much You'd Have Now
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How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in O'Reilly Automotive (ORLY - Free Report) ten years ago? It may not have been easy to hold on to ORLY for all that time, but if you did, how much would your investment be worth today?
O'Reilly Automotive's Business In-Depth
With that in mind, let's take a look at O'Reilly Automotive's main business drivers.
O'Reilly Automotive, Inc. is a leading specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. Founded in 1957, O'Reilly initially operated from a single store in Springfield, MO. The company’s stores offer several services and programs to customers, which include battery diagnostic testing, check engine light code extraction and loaner tool program, among others. The company offers vehicle accessories, such as floor mats and seat cover as well as maintenance items like antifreeze, engine additives, filters, fluids, lighting and wiper blades.
Besides these, it provides new as well as remanufactured automotive hard parts (such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts and fuel pumps), maintenance items, accessories, a complete range of auto body paint and related materials, automotive tools and professional service equipment.
The company sells products to both Do-it-Yourself (DIY) customers and Do-it-for-Me (DIFM) or professional installers. The company has a track record of over 40 years of following a dual-market strategy by serving both DIY and DIFM customers and is among the top three companies in both markets.
The automotive aftermarket items industry is a highly competitive industry. O'Reilly’s presence in the market, customer service, product availability, store location, brand recognition price and store location places the company in a competitive position among peers in the industry. The company’s omnichannel growth strategies are focused on offering customers an enhanced and seamless shopping experience through variety of digital and physical channels. The auto retailer has been expanding its physical presence through opening or acquiring stores while maintaining the existing ones. As of Dec 31, 2022, O’Reilly’s total store count was 5,971.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in O'Reilly Automotive ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in November 2013 would be worth $7,863.06, or a gain of 686.31%, as of November 22, 2023, according to our calculations. This return excludes dividends but includes price appreciation.
The S&P 500 rose 152.70% and the price of gold increased 54.56% over the same time frame in comparison.
Looking ahead, analysts are expecting more upside for ORLY.
O’Reilly has been generating record revenues for 30 consecutive years on the back of growth in the auto parts market. For 2023, O’Reilly projects total revenues in the $15.7-$15.8 billion band, up from $14.41 billion in 2022. It is poised to benefit from store openings and distribution centers in profitable regions. The Mayasa Auto Parts buyout, O’Reilly’s first international expansion transaction, bolstered growth prospects. Its robust buyback program is also boosting investors’ confidence. However, rising SG&A costs and capital expenditures for store expansion and omnichannel moves are hurting margins. Discouragingly, the firm foresees a decrease in the pace of comps growth during the fourth quarter of 2023. High debt levels also play spoilsport. The stock warrants a cautious stance now.
Over the past four weeks, shares have rallied 12.80%, and there have been 13 higher earnings estimate revisions in the past two months for fiscal 2023 compared to none lower. The consensus estimate has moved up as well.
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If You Invested $1000 in O'Reilly Automotive 10 Years Ago, This Is How Much You'd Have Now
How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in O'Reilly Automotive (ORLY - Free Report) ten years ago? It may not have been easy to hold on to ORLY for all that time, but if you did, how much would your investment be worth today?
O'Reilly Automotive's Business In-Depth
With that in mind, let's take a look at O'Reilly Automotive's main business drivers.
O'Reilly Automotive, Inc. is a leading specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. Founded in 1957, O'Reilly initially operated from a single store in Springfield, MO. The company’s stores offer several services and programs to customers, which include battery diagnostic testing, check engine light code extraction and loaner tool program, among others. The company offers vehicle accessories, such as floor mats and seat cover as well as maintenance items like antifreeze, engine additives, filters, fluids, lighting and wiper blades.
Besides these, it provides new as well as remanufactured automotive hard parts (such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts and fuel pumps), maintenance items, accessories, a complete range of auto body paint and related materials, automotive tools and professional service equipment.
The company sells products to both Do-it-Yourself (DIY) customers and Do-it-for-Me (DIFM) or professional installers. The company has a track record of over 40 years of following a dual-market strategy by serving both DIY and DIFM customers and is among the top three companies in both markets.
The automotive aftermarket items industry is a highly competitive industry. O'Reilly’s presence in the market, customer service, product availability, store location, brand recognition price and store location places the company in a competitive position among peers in the industry. The company’s omnichannel growth strategies are focused on offering customers an enhanced and seamless shopping experience through variety of digital and physical channels. The auto retailer has been expanding its physical presence through opening or acquiring stores while maintaining the existing ones. As of Dec 31, 2022, O’Reilly’s total store count was 5,971.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in O'Reilly Automotive ten years ago, you're likely feeling pretty good about your investment today.
A $1000 investment made in November 2013 would be worth $7,863.06, or a gain of 686.31%, as of November 22, 2023, according to our calculations. This return excludes dividends but includes price appreciation.
The S&P 500 rose 152.70% and the price of gold increased 54.56% over the same time frame in comparison.
Looking ahead, analysts are expecting more upside for ORLY.
O’Reilly has been generating record revenues for 30 consecutive years on the back of growth in the auto parts market. For 2023, O’Reilly projects total revenues in the $15.7-$15.8 billion band, up from $14.41 billion in 2022. It is poised to benefit from store openings and distribution centers in profitable regions. The Mayasa Auto Parts buyout, O’Reilly’s first international expansion transaction, bolstered growth prospects. Its robust buyback program is also boosting investors’ confidence. However, rising SG&A costs and capital expenditures for store expansion and omnichannel moves are hurting margins. Discouragingly, the firm foresees a decrease in the pace of comps growth during the fourth quarter of 2023. High debt levels also play spoilsport. The stock warrants a cautious stance now.
Over the past four weeks, shares have rallied 12.80%, and there have been 13 higher earnings estimate revisions in the past two months for fiscal 2023 compared to none lower. The consensus estimate has moved up as well.