Shares are up 13% in 2025, and the company has an estimated 2024 free cash flow to firm yield of 3%, according to Wolfe's analysis.
Analysts also generally like the stock, with 11 out of the 14 analysts covering the name rating it a buy or strong buy, according to LSEG.
Wolfe also called out O'Reilly Automotive as a potential dividend initiator, highlighting the company's estimated free cash flow to firm of 3% in 2024.
Shares are up a mere 1.5% in 2024, but the name remains liked by the Street, rated a buy or strong buy by 64% of the analysts covering it, per LSEG.
Estimated free cash flow to firm yield comes in at 7% for 2024, per Wolfe's analysis.
Persons:
Wolfe, Alphabet's, Charlie Gaffney, Eaton Vance, we're, there's, Chris Senyek, Skechers, O'Reilly, TD Cowen, Max Rakhlenko, Morgan Stanley
Organizations:
Wolfe Research, Morgan Stanley Investment Management, CNBC, Equity Income Fund, UBS, O'Reilly Automotive, PayPal, Mattel