Holley Inc. (NYSE:HLLY) to Post Q1 2025 Earnings of $0.07 Per Share, William Blair Forecasts

Holley Inc. (NYSE:HLLY - Free Report) - Equities research analysts at William Blair issued their Q1 2025 earnings estimates for Holley in a research note issued on Wednesday, May 8th. William Blair analyst P. Blee expects that the company will earn $0.07 per share for the quarter. The consensus estimate for Holley's current full-year earnings is $0.33 per share. William Blair also issued estimates for Holley's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.08 EPS and Q4 2025 earnings at $0.09 EPS.

Holley (NYSE:HLLY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. Holley had a return on equity of 5.77% and a net margin of 2.91%. The business had revenue of $155.70 million for the quarter, compared to analysts' expectations of $153.26 million. During the same quarter last year, the firm earned ($0.19) earnings per share. The business's revenue was up 1.0% on a year-over-year basis.

Several other equities research analysts also recently issued reports on the company. Canaccord Genuity Group dropped their price objective on Holley from $9.00 to $8.00 and set a "buy" rating on the stock in a report on Thursday, February 29th. Truist Financial cut their target price on shares of Holley from $9.00 to $8.00 and set a "buy" rating on the stock in a research note on Thursday, February 29th. JPMorgan Chase & Co. cut Holley from an "overweight" rating to a "neutral" rating and cut their price objective for the company from $6.50 to $5.00 in a research note on Tuesday, February 20th. Benchmark reiterated a "buy" rating and issued a $12.00 target price on shares of Holley in a research report on Thursday, March 28th. Finally, Telsey Advisory Group reduced their price target on shares of Holley from $9.00 to $6.50 and set an "outperform" rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $7.47.

Holley Trading Down 1.0 %

Shares of NYSE HLLY traded down $0.04 on Friday, reaching $3.98. 395,835 shares of the company traded hands, compared to its average volume of 293,190. The company has a current ratio of 3.17, a quick ratio of 1.12 and a debt-to-equity ratio of 1.31. The stock has a market capitalization of $472.82 million, a PE ratio of 23.65 and a beta of 1.53. Holley has a fifty-two week low of $2.60 and a fifty-two week high of $8.06. The company has a 50 day moving average of $4.22 and a 200 day moving average of $4.42.

Insider Activity at Holley

In other news, Director Graham Clempson bought 59,076 shares of the company's stock in a transaction on Thursday, March 14th. The shares were bought at an average cost of $4.18 per share, with a total value of $246,937.68. Following the transaction, the director now directly owns 63,851 shares in the company, valued at approximately $266,897.18. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.20% of the stock is owned by insiders.

Institutional Trading of Holley

A number of institutional investors and hedge funds have recently made changes to their positions in HLLY. Bamco Inc. NY raised its position in shares of Holley by 11.1% in the third quarter. Bamco Inc. NY now owns 5,000,000 shares of the company's stock valued at $24,950,000 after purchasing an additional 500,000 shares during the period. Allspring Global Investments Holdings LLC grew its position in Holley by 1.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,180,819 shares of the company's stock worth $18,646,000 after purchasing an additional 47,070 shares during the last quarter. Norden Group LLC lifted its stake in shares of Holley by 1,717.0% in the first quarter. Norden Group LLC now owns 616,196 shares of the company's stock valued at $2,748,000 after buying an additional 582,283 shares during the period. Skylands Capital LLC grew its position in Holley by 7.2% during the fourth quarter. Skylands Capital LLC now owns 589,400 shares of the company's stock worth $2,870,000 after buying an additional 39,600 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Holley by 1.3% during the first quarter. Sei Investments Co. now owns 403,759 shares of the company's stock valued at $1,801,000 after acquiring an additional 5,000 shares during the period. Institutional investors and hedge funds own 39.70% of the company's stock.

About Holley

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.