Should I buy or sell Holley stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holley in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HLLY shares. View HLLY analyst ratings or view top-rated stocks .

What is Holley's stock price target for 2024?

9 Wall Street research analysts have issued 1-year target prices for Holley's stock. Their HLLY share price targets range from $5.00 to $12.00. On average, they expect the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 88.3% from the stock's current price. View analysts price targets for HLLY or view top-rated stocks among Wall Street analysts .

How have HLLY shares performed in 2024?

Holley's stock was trading at $4.87 on January 1st, 2024. Since then, HLLY stock has decreased by 15.5% and is now trading at $4.1150. View the best growth stocks for 2024 here .

Are investors shorting Holley?

Holley saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,090,000 shares, a drop of 8.7% from the March 15th total of 2,290,000 shares. Based on an average daily volume of 298,100 shares, the days-to-cover ratio is currently 7.0 days. Currently, 4.0% of the shares of the company are sold short. View Holley's Short Interest .

When is Holley's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our HLLY earnings forecast .

How were Holley's earnings last quarter?

Holley Inc. (NYSE:HLLY) announced its quarterly earnings data on Wednesday, February, 28th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.01. The business had revenue of $155.70 million for the quarter, compared to the consensus estimate of $153.26 million. Holley had a trailing twelve-month return on equity of 5.77% and a net margin of 2.91%. The business's quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.19) earnings per share.

What guidance has Holley issued on next quarter's earnings?

Holley updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $150.0 million-$160.0 million, compared to the consensus revenue estimate of $178.9 million.

How do I buy shares of Holley?

Shares of HLLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NYSE:HLLY

Holley (HLLY) Stock Price, News & Analysis

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$4.12

-0.04 (-0.96%)

(As of 04/17/2024 ET)

Compare

Today's Range: $4.10
▼
$4.22
50-Day Range: $4.03
▼
$5.20
52-Week Range: $2.08
▼
$8.06

Volume: 239,260 shs
Average Volume: 291,090 shs
Market Capitalization: $488.87 million

P/E Ratio: 24.21
Dividend Yield: N/A
Price Target: $7.75

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Holley MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.89 Rating Score
Upside/Downside: 88.3% Upside
$7.75 Price Target
Short Interest: Healthy
3.95% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$246,938 Bought Last Quarter
Proj. Earnings Growth: 27.27%
From $0.33 to $0.42 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.24 out of 5 stars

Auto/Tires/Trucks Sector

14th out of 79 stocks

Motor Vehicle Parts & Accessories Industry

7th out of 31 stocks

4.4

Analyst's Opinion

Consensus Rating
Holley has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Holley has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
3.95% of the float of Holley has been sold short.
Short Interest Ratio / Days to Cover
Holley has a short interest ratio ("days to cover") of 7.
Change versus previous month
Short interest in Holley has recently decreased by 8.73%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Holley does not currently pay a dividend.
Dividend Growth
Holley does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HLLY.

2.8

News and Social Media Coverage

News Sentiment
Holley has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.36 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Holley this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for HLLY on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.
MarketBeat Follows
7 people have added Holley to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Holley insiders have bought more of their company's stock than they have sold. Specifically, they have bought $246,938.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Holley is held by insiders.
Percentage Held by Institutions
Only 39.70% of the stock of Holley is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Holley are expected to grow by 27.27% in the coming year, from $0.33 to $0.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Holley is 24.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Holley is 24.21, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 14.57.
Price to Book Value per Share Ratio
Holley has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Holley Stock (NYSE:HLLY)

Holley Inc. operates as designer, manufacturer, and marketer of automotive aftermarket products for car and truck enthusiasts in the United States, Canada, Europe, and China. Its products span various automotive platforms and sells across multiple channels. The company's performance automotive products include carburetors, fuel pumps, fuel injection systems, nitrous oxide injection systems, superchargers, exhaust headers, mufflers, distributors, ignition components, engine tuners, automotive performance plumbing products; and exhaust products, as well as shifters, converters, transmission kits, transmissions, tuners, and automotive software. It also offers brakes and brake systems, vehicle restoration parts, helmets, head and neck restraints, seat belts, fire suits, and electronic control and monitoring systems. The company sells its products under the Holley, Holley EFI, MSD, Simpson, Powerteq, Accel, and Flowmaster through DTC, E-tailer, warehouse distributor, traditional retailer, and jobber/ installer channels. Holley Inc. was founded in 1903 and is headquartered in Bowling Green, Kentucky.

HLLY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HLLY Stock News Headlines

March 19, 2024 | insidertrades.com

Holley Inc. (NYSE:HLLY) Director Purchases $246,937.68 in Stock

April 10, 2024 | businesswire.com

Holley Performance Brands Expands Sales Organization, Appoints Chet Baker Senior Vice President of Sales

April 17, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 9, 2024 | businesswire.com

Holley Ordered to Disgorge $2 Million in Ill-Gotten Profits

April 5, 2024 | finance.yahoo.com

Should You Be Worried About Holley Inc.'s (NYSE:HLLY) 4.3% Return On Equity?

March 29, 2024 | businesswire.com

HOLLEY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Holley Inc. - HLLY

March 27, 2024 | businesswire.com

Holley Announces Additional $15 Million Debt Paydown

March 26, 2024 | finance.yahoo.com

Holley Performance Brands Appoints Two New Vice Presidents Focused on Accelerating Strategic Growth Across Key Performance Aftermarket Verticals

April 17, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 20, 2024 | investing.com

Holley Inc. director buys $420k in company stock

March 14, 2024 | businesswire.com

Holley Performance Brands Set to Engage Nearly Half Million High-Performance Enthusiasts During Exciting 2024 Event Season

March 12, 2024 | finance.yahoo.com

APR Unveils Ultralink Platform for European Vehicle Performance Tuning

March 1, 2024 | seekingalpha.com

Holley Inc. (HLLY) Q4 2023 Earnings Call Transcript

March 1, 2024 | stockhouse.com

Grabar Law Office Investigates Claims on Behalf of Shareholders of Holley Inc. (HLLY) f/k/a Empower Ltd. (EMPW)

March 1, 2024 | finance.yahoo.com

Analysts Have Made A Financial Statement On Holley Inc.'s (NYSE:HLLY) Full-Year Report

February 29, 2024 | markets.businessinsider.com

The Analyst Verdict: Holley In The Eyes Of 4 Experts

February 29, 2024 | finance.yahoo.com

Holley Inc. (NYSE:HLLY) Q4 2023 Earnings Call Transcript

February 28, 2024 | markets.businessinsider.com

Holley Posts Narrower Adj. Loss In Q4 - Quick Facts

February 28, 2024 | finance.yahoo.com

Holley Inc (HLLY) Reports Significant Q4 Profitability Growth and Strong Full Year 2023 Cash Flow

February 28, 2024 | finance.yahoo.com

Holley Reports Fourth Quarter and Full Year 2023 Results; Early Stages of Transformation Yielding Positive Year-Over-Year Improvement in Q4 Profitability

February 28, 2024 | seekingalpha.com

Holley Inc. 2023 Q4 - Results - Earnings Call Presentation

February 28, 2024 | businesswire.com

Holley Reports Fourth Quarter and Full Year 2023 Results; Early Stages of Transformation Yielding Positive Year-Over-Year Improvement in Q4 Profitability

February 23, 2024 | health.usnews.com

Desiree Holley

February 22, 2024 | msn.com

JP Morgan Downgrades Holley (HLLY)

February 20, 2024 | msn.com

Holley slumps after JPM downgrades rating to Neutral

February 17, 2024 | finance.yahoo.com

HLLY Mar 2024 5.000 put

February 17, 2024 | finance.yahoo.com

HLLY Mar 2024 7.500 call

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Current Symbol: NYSE:HLLY
CUSIP: N/A
CIK: 1822928
Web: www.empowermidocean.com
Phone: 270-782-2900
Fax: N/A
Employees: 1,633
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.75
High Stock Price Target: $12.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +88.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.89
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.17
Trailing P/E Ratio: 24.21
Forward P/E Ratio: 12.47
P/E Growth: N/A
Net Income: $19.18 million
Net Margins: 2.91%
Pretax Margin: 4.18%
Return on Equity: 5.77%
Return on Assets: 2.04%

Debt

Debt-to-Equity Ratio: 1.31
Current Ratio: 3.17
Quick Ratio: 1.12

Sales & Book Value

Annual Sales: $659.70 million
Price / Sales: 0.74
Cash Flow: $0.48 per share
Price / Cash Flow: 8.55
Book Value: $3.75 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 118,801,000
Free Float: 116,187,000
Market Cap: $488.87 million
Optionable: Optionable
Beta: 1.52

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Key Executives

Mr. Matthew E. Rubel (Age 66)
Executive Chairman
Comp: $237k
Mr. Matthew J. Stevenson (Age 46)
President, CEO & Director
Comp: $2.03M
Mr. Jesse Weaver (Age 42)
CFO & Head of Information Technology
Comp: $744.09k
Ms. Carly Kennedy (Age 41)
Executive VP, General Counsel & Corporate Secretary
Comp: $518.61k
Mr. Brian Appelgate (Age 66)
Interim Chief Operating Officer
Comp: $207.13k
Mr. Terrill M. Rutledge (Age 55)
Chief Information Officer
Mr. Vinod Nimmagadda (Age 30)
Executive Vice President of Corporate Development & New Ventures
Comp: $518.22k
Mr. Jason Richard Bruce
Vice President of Sales
Mr. Patrick Lee Pierce (Age 43)
Chief Human Resources Officer
Mr. Sean C. Crawford (Age 41)
Chief Product Officer
Comp: $372.16k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HLLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Holley stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Holley in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HLLY shares.
View HLLY analyst ratings or view top-rated stocks.
What is Holley's stock price target for 2024?: 9 Wall Street research analysts have issued 1-year target prices for Holley's stock. Their HLLY share price targets range from $5.00 to $12.00. On average, they expect the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 88.3% from the stock's current price.
View analysts price targets for HLLY or view top-rated stocks among Wall Street analysts.
How have HLLY shares performed in 2024?: Holley's stock was trading at $4.87 on January 1st, 2024. Since then, HLLY stock has decreased by 15.5% and is now trading at $4.1150.
View the best growth stocks for 2024 here.
Are investors shorting Holley?: Holley saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,090,000 shares, a drop of 8.7% from the March 15th total of 2,290,000 shares. Based on an average daily volume of 298,100 shares, the days-to-cover ratio is currently 7.0 days. Currently, 4.0% of the shares of the company are sold short.
View Holley's Short Interest.

When is Holley's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our HLLY earnings forecast.
How were Holley's earnings last quarter?: Holley Inc. (NYSE:HLLY) announced its quarterly earnings data on Wednesday, February, 28th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.01. The business had revenue of $155.70 million for the quarter, compared to the consensus estimate of $153.26 million. Holley had a trailing twelve-month return on equity of 5.77% and a net margin of 2.91%. The business's quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.19) earnings per share.
What guidance has Holley issued on next quarter's earnings?: Holley updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $150.0 million-$160.0 million, compared to the consensus revenue estimate of $178.9 million.
How do I buy shares of Holley?: Shares of HLLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HLLY) was last updated on 4/17/2024 by MarketBeat.com Staff

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Holley (HLLY) Stock Price, News & Analysis

Holley MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Holley Stock (NYSE:HLLY)

HLLY Stock Price History

HLLY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

HLLY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™