Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>In the first quarter of 2024, O'Reilly Automotive, Inc., had a 3.4% comparable store sales growth, which was primarily driven by mid-single-digit comps in Professional.</li><li>This marked continuous strong top line sales results and was a testament to consistent execution across all 6,200+ stores.</li><li>The company noted that its store volumes continued to grow despite the company's size and market share gains over the years.</li></ul>

In the first quarter of 2024, O'Reilly Automotive, Inc., had a 3.4% comparable store sales growth, which was primarily driven by mid-single-digit comps in Professional.This marked continuous strong top line sales results and was a testament to consistent execution across all 6,200+ stores.The company noted that its store volumes continued to grow despite the company's size and market share gains over the years.

O'Reilly Automotive Inc.: Expansion Into The Mexican Market & 5 Major Factors Driving Its Growth! - Financial Forecasts

<ul><li>O'Reilly Automotive, Inc.</li><li>achieved robust results in their fourth quarter and full-year 2023 results, displaying steadfast growth and capitalizing on industry trends.</li><li>Third-quarter comparable store sales increase contributed to a 7.9% increase for the full year of 2023, which was at the high end of their revised guidance range provided in the last quarter's earnings call.</li></ul>

O'Reilly Automotive, Inc.achieved robust results in their fourth quarter and full-year 2023 results, displaying steadfast growth and capitalizing on industry trends.Third-quarter comparable store sales increase contributed to a 7.9% increase for the full year of 2023, which was at the high end of their revised guidance range provided in the last quarter's earnings call.

O'Reilly Automotive: Expansion into Canada With Groupe Del Vasto Acquisition & Other Major Drivers

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Key points (machine generated)<ul><li>O'Reilly Automotive is a retail company specializing in automotive aftermarket parts and services.</li><li>The company has over 6,000 stores in the US and Mexico, making it one of the largest retailers and suppliers in the industry.</li><li>O'Reilly Automotive offers both do-it-yourself and professional services for a wide range of domestic and imported automobiles.</li></ul>This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key points (machine generated)O'Reilly Automotive is a retail company specializing in automotive aftermarket parts and services.The company has over 6,000 stores in the US and Mexico, making it one of the largest retailers and suppliers in the industry.O'Reilly Automotive offers both do-it-yourself and professional services for a wide range of domestic and imported automobiles.This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

O'Reilly Automotive Inc (ORLY) - Wednesday, Nov 1, 2023

<ul><li>O’Reilly Automotive managed to exceed the revenue as well as earnings expectations of Wall Street driven by strength in consumption and a robust increase of 16% in diluted earnings per share.</li><li>Strength in the ticket count comps, particularly in the company’s professional business was a great contributor to the outperformance.</li><li>We give O’Reilly Automotive a ‘Hold’ rating with a revised target price.</li></ul>

O’Reilly Automotive managed to exceed the revenue as well as earnings expectations of Wall Street driven by strength in consumption and a robust increase of 16% in diluted earnings per share.Strength in the ticket count comps, particularly in the company’s professional business was a great contributor to the outperformance.We give O’Reilly Automotive a ‘Hold’ rating with a revised target price.

O’Reilly Automotive Inc.: Continued Store Additions & Other Factors Driving Growth! - Financial Forecasts

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/tuhu-car" target="_blank" data-smartkarma-citation="entities:36012:1" rel="noopener">Tuhu Car (2007986D HK)</a>, a leading integrated online and offline platform for automotive service in China, has launched its HKEx IPO at a price range of HK$28.00-31.00 per share.</li>
<li>In <a href="https://www.smartkarma.com/insights/tuhu-car-ipo-the-investment-case" target="_blank" data-smartkarma-citation="insights:112644" rel="noopener">TUHU Car IPO: The Investment Case</a>, we highlighted the key elements of the investment case. In this note, we present our forecasts and discuss valuation.</li>
<li>Our valuation analysis suggests that Tuhu is reasonably priced at the IPO price range. We would participate in the IPO. </li>
</ul>



Tuhu Car (2007986D HK), a leading integrated online and offline platform for automotive service in China, has launched its HKEx IPO at a price range of HK$28.00-31.00 per share.
In TUHU Car IPO: The Investment Case, we highlighted the key elements of the investment case. In this note, we present our forecasts and discuss valuation.
Our valuation analysis suggests that Tuhu is reasonably priced at the IPO price range. We would participate in the IPO. 


United States

O'Reilly Automotive, Inc. retails and supplies automotive aftermarket parts, tools, supplies, equipment, and accessories.  The Company sells its products to do-it-yourself customers and professional mechanics or service technicians. O'Reilly operates stores throughout the United States.

O'Reilly Automotive (ORLY US)

O'Reilly Automotive Inc.: Expansion Into The Mexican Market & 5 Major Factors Driving Its Growth! - Financial Forecasts

In the first quarter of 2024, O'Reilly Automotive, Inc., had a 3.4% comparable store sales growth, which was primarily driven by mid-single-digit...

Baptista Research

O'Reilly Automotive: Expansion into Canada With Groupe Del Vasto Acquisition & Other Major Drivers

O'Reilly Automotive, Inc. achieved robust results in their fourth quarter and full-year 2023 results, displaying steadfast growth and capitalizing...

Baptista Research

O'Reilly Automotive Inc (ORLY) - Wednesday, Nov 1, 2023

O'Reilly Automotive offers both do-it-yourself and professional services for a wide range of domestic and imported automobiles.

Value Investors Club

O’Reilly Automotive Inc.: Continued Store Additions & Other Factors Driving Growth! - Financial Forecasts

O’Reilly Automotive managed to exceed the revenue as well as earnings expectations of Wall Street driven by strength in consumption and a robust...

Baptista Research

TUHU Car IPO: Valuation Insights

Tuhu has launched its HKEx IPO at a price range of HK$28.00-31.00 per share. Our valuation analysis suggests that Tuhu is reasonably priced at the...

Arun George