In a report published Thursday, Stifel Nicolaus analyst David Schick reiterated a Buy rating on O'Reilly Automotive (NASDAQ: ORLY), and raised the price target from $117.00 to $132.00.
In the report, Stifel Nicolaus noted, ?ORLY reported 2Q13 EPS of $1.58 (y/y 28% EPS growth, 22% operating income growth), well above our $1.51 model (Street $1.50). A higher than expected tax rate resulted in a negative $0.01 EPS impact relative to our model. Management raised FY13 EPS guidance from $5.64-$5.74 to $5.79-$5.89, raising the midpoint by +2.6%, or $0.15 relative to the $0.10 EPS beat in 2Q13 (implying $0.05 guidance raise for 2H13).?
O'Reilly Automotive closed on Wednesday at $117.83.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Google Glass Tropical Storm Andrea 2013 alex rodriguez Netflix down paul george Warm Bodies Mexico vs Jamaica
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন