|Day's Range||140.12 - 142.97|
|52 Week Range||132.98 - 177.83|
|PE Ratio (TTM)||22.93|
|Dividend & Yield||0.24 (0.17%)|
|1y Target Est||N/A|
After a long, smooth ride higher, shares of auto-parts retailer O’Reilly Automotive have sputtered of late, dropping from a five-year high of $290 into the $250s before an uptick to $263 in last week’s rally. First, it missed earnings expectations last fall, amid worries about incursions by Amazon.com into the auto-parts business. A summation of Cleveland’s proprietary research provided to Barron’s said the firm’s “channel checks” of O’Reilly’s (ORLY) do-it-yourself auto-parts business suggested that a mild winter had sent a chill through sales, by making drivers less likely to need antifreeze, de-icer, or heater-hose replacements.
The tech prodigies and founders behind fintech start-up Aragon, a decentralized management platform for companies globally built on the Ethereum blockchain, have set the date for a crowdfund sale to pave the way for further development in its network and core technology.
The company's automotive sales figures encourage investors to believe the first quarter will be a positive one for O'Reilly Automotive, AutoZone, and Advance Auto Parts.