Telsey Advisory Group Lowers Earnings Estimates for Holley

Holley Inc. (NYSE:HLLY - Free Report) - Telsey Advisory Group reduced their Q2 2025 earnings estimates for shares of Holley in a research report issued to clients and investors on Wednesday, May 7th. Telsey Advisory Group analyst J. Feldman now forecasts that the company will post earnings per share of $0.10 for the quarter, down from their previous forecast of $0.12. Telsey Advisory Group currently has a "Outperform" rating and a $2.75 target price on the stock. The consensus estimate for Holley's current full-year earnings is $0.12 per share. Telsey Advisory Group also issued estimates for Holley's Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.09 EPS.

HLLY has been the topic of a number of other research reports. Benchmark cut shares of Holley from a "buy" rating to a "hold" rating and set a $5.00 target price on the stock. in a research note on Friday. Canaccord Genuity Group lowered their target price on shares of Holley from $6.00 to $5.00 and set a "buy" rating on the stock in a research note on Thursday. Raymond James lifted their target price on shares of Holley from $3.00 to $3.50 and gave the company an "outperform" rating in a research note on Wednesday, March 12th. Finally, Truist Financial lowered their target price on shares of Holley from $5.00 to $3.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $3.85.

Holley Price Performance

Shares of HLLY traded up $0.33 during trading hours on Friday, reaching $2.22. 1,740,328 shares of the stock traded hands, compared to its average volume of 439,189. The company has a current ratio of 2.93, a quick ratio of 1.17 and a debt-to-equity ratio of 1.20. Holley has a 52-week low of $1.60 and a 52-week high of $4.08. The company's 50-day moving average price is $2.32 and its two-hundred day moving average price is $2.67. The company has a market cap of $265.71 million, a P/E ratio of 17.04 and a beta of 1.43.

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

Institutional Trading of Holley

Several hedge funds have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC increased its holdings in shares of Holley by 1.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,337,982 shares of the company's stock worth $26,569,000 after buying an additional 170,132 shares during the last quarter. Bamco Inc. NY increased its holdings in shares of Holley by 33.3% in the 4th quarter. Bamco Inc. NY now owns 4,000,000 shares of the company's stock worth $12,080,000 after buying an additional 1,000,000 shares during the last quarter. Blue Owl Capital Holdings LP increased its holdings in shares of Holley by 17.3% in the 4th quarter. Blue Owl Capital Holdings LP now owns 2,990,294 shares of the company's stock worth $9,031,000 after buying an additional 440,040 shares during the last quarter. Boston Partners bought a new stake in shares of Holley in the 4th quarter worth about $4,746,000. Finally, Skylands Capital LLC increased its holdings in shares of Holley by 4.3% in the 4th quarter. Skylands Capital LLC now owns 1,193,983 shares of the company's stock worth $3,606,000 after buying an additional 49,383 shares during the last quarter. Hedge funds and other institutional investors 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.