Holley FY2026 EPS Forecast Lowered by Telsey Advisory Group

Holley Inc. (NYSE:HLLY - Free Report) - Investment analysts at Telsey Advisory Group lowered their FY2026 earnings per share (EPS) estimates for shares of Holley in a research report issued on Wednesday, May 7th. Telsey Advisory Group analyst J. Feldman now anticipates that the company will earn $0.32 per share for the year, down from their previous forecast of $0.39. Telsey Advisory Group has a "Outperform" rating and a $2.75 price target on the stock. The consensus estimate for Holley's current full-year earnings is $0.12 per share.

Holley (NYSE:HLLY - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.03). Holley had a return on equity of 2.59% and a net margin of 2.55%. The business had revenue of $153.04 million for the quarter, compared to analysts' expectations of $148.52 million.

Several other research firms have also recently commented on HLLY. Benchmark cut Holley from a "buy" rating to a "hold" rating and set a $5.00 price target for the company. in a report on Friday, May 9th. Canaccord Genuity Group cut their target price on Holley from $6.00 to $5.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Truist Financial cut their target price on Holley from $5.00 to $3.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Raymond James raised their target price on Holley from $3.00 to $3.50 and gave the stock an "outperform" rating in a research note on Wednesday, March 12th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $3.85.

Holley Price Performance

Shares of NYSE:HLLY traded down $0.01 during midday trading on Monday, hitting $2.17. The company had a trading volume of 609,357 shares, compared to its average volume of 442,499. Holley has a twelve month low of $1.60 and a twelve month high of $4.08. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.93 and a quick ratio of 1.17. The stock has a market cap of $260.31 million, a price-to-earnings ratio of 16.69 and a beta of 1.43. The business's 50-day simple moving average is $2.31 and its 200-day simple moving average is $2.67.

Institutional Investors Weigh In On Holley

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HLLY. Janney Montgomery Scott LLC grew its stake in shares of Holley by 25.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,035 shares of the company's stock valued at $48,000 after buying an additional 3,210 shares in the last quarter. Aigen Investment Management LP grew its stake in shares of Holley by 22.1% in the fourth quarter. Aigen Investment Management LP now owns 18,693 shares of the company's stock valued at $56,000 after buying an additional 3,389 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Holley by 39.8% in the fourth quarter. SG Americas Securities LLC now owns 24,590 shares of the company's stock valued at $74,000 after buying an additional 7,002 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Holley in the fourth quarter valued at $26,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of Holley in the fourth quarter valued at $30,000. Institutional investors and hedge funds own 39.70% of the company's stock.

Holley Company Profile

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.