O'Reilly's Solid 1Q Results Consistent With Our Long-Term Outlook
We had been more optimistic than most about narrow-moat O’Reilly Automotive’s long-term prospects, and its first-quarter results (6% sales growth, 19% operating margin) suggest our expectations for a 2018 top-line recovery after a sluggish 2017 are not misplaced. Consequently, our $259 fair value estimate is unlikely to change significantly, nor is our long-term forecast for 5% top-line growth against 20% operating margins, on average, over the next decade. With shares up over 10% after the earn...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.