12:30 PM EDT, 07/08/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We are updating our price target for the company's recently-completed 15-for-1 stock split. As a result, our price target goes to $100 from $1,500, based on a 2026 P/E of 30x, a justified premium to historic averages. We maintain a Buy rating, as we continue to view ORLY as a beneficiary of favorable U.S. auto aftermarket fundamentals due to tailwinds favoring more maintenance and intensive repairs for used vehicles, with the average U.S vehicle age recently hitting a new record high of 12.8 years. We think ORLY's same store sales growth could exceed its 2%-4% guidance, as we see the company benefiting from Advance Auto Parts' recent closure of 500 stores nationwide and note its Q1 same store sales growth of 3.6%, at the upper end of its full-year guidance range. ORLY is scheduled to report Q2 earnings the afternoon of July 23.