-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target by $5 to $115, based on a 2027 P/E of 31.1x, a justified premium to historical averages. We increase our EPS estimates to $3.35 from $3.30 for 2026 and to $3.70 from $3.65 for 2027. Following ORLY's Q1 earnings release and increased full-year guidance, we are raising our estimates and price target. Accordingly, we reiterate our Buy rating on the shares. We think the company's better-than-expected Q1 earnings, driven by robust same-store sales growth (+8.1%, ORLY's strongest since Q3 2023), set the stage for another guidance increase later this year. Furthermore, the company significantly increased its share repurchases in Q1 ($923M) relative to its recent quarterly run-rate, sending a strong signal to the market. With its mix of robust same-store sales growth, new store openings (207 in 2025 and 225-235 expected in 2026), and EPS-boosting share repurchases, we think ORLY will continue to create value for shareholders in a favorable environment for auto aftermarket retailers.