Should I buy or sell Holley stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Holley in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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?

10 analysts have issued 1-year price objectives for Holley's shares. Their HLLY share price targets range from $5.00 to $12.00. On average, they anticipate the company's stock price to reach $8.36 in the next year. This suggests a possible upside of 97.2% 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 2023?

Holley's stock was trading at $2.12 at the beginning of 2023. Since then, HLLY stock has increased by 100.0% and is now trading at $4.24. View the best growth stocks for 2023 here .

Are investors shorting Holley?

Holley saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 2,330,000 shares, a decline of 7.9% from the October 31st total of 2,530,000 shares. Based on an average daily volume of 494,300 shares, the short-interest ratio is currently 4.7 days. Currently, 4.7% of the company's stock 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, March 14th 2024. View our HLLY earnings forecast .

How were Holley's earnings last quarter?

Holley Inc. (NYSE:HLLY) posted its quarterly earnings data on Wednesday, November, 8th. The company reported $0.03 earnings per share for the quarter, hitting analysts' consensus estimates of $0.03. The business had revenue of $156.53 million for the quarter, compared to analyst estimates of $156.62 million. Holley had a net margin of 0.42% and a trailing twelve-month return on equity of 0.70%.

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

Holley issued an update on its FY 2023 earnings guidance on Wednesday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $645.00 million-$675.00 million, compared to the consensus revenue estimate of $666.17 million.

Who are Holley's major shareholders?

Holley's stock is owned by a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (12.02%), Bamco Inc. NY (4.23%), Allspring Global Investments Holdings LLC (3.39%), Skylands Capital LLC (0.46%), Northern Trust Corp (0.37%) and Victory Capital Management Inc. (0.34%). Insiders that own company stock include David S Lobel , Dominic Bardos, Ginger M Jones, Graham Clempson, Matthew Stevenson, Midocean Partners V, LP and Thomas W Tomlinson. View institutional ownership trends .

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Holley Stock Price, News & Analysis (NYSE:HLLY)

$4.24

-0.01 (-0.24%)

(As of 12/8/2023 ET)

Compare

Today's Range: $4.20
▼
$4.31
50-Day Range: $3.62
▼
$4.93
52-Week Range: $1.88
▼
$8.06

Volume: 198,384 shs
Average Volume: 398,633 shs
Market Capitalization: $502.74 million

P/E Ratio: 141.33
Dividend Yield: N/A
Price Target: $8.36

Holley MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 97.2% Upside
$8.36 Price Target
Short Interest: Healthy
4.70% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.59
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
$82,177 Bought Last Quarter
Proj. Earnings Growth: 45.45%
From $0.22 to $0.32 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.12 out of 5 stars

Consumer Cyclical Sector

1st out of 19 stocks

Auto Parts Industry

1st out of 3 stocks

4.4

Analyst's Opinion

Consensus Rating
Holley has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.36, Holley has a forecasted upside of 97.2% from its current price of $4.24.
Amount of Analyst Coverage
Holley has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
4.70% 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 4.7.
Change versus previous month
Short interest in Holley has recently decreased by 7.91%, 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.

2.5

News and Social Media Coverage

News Sentiment
Holley has a news sentiment score of 0.59. 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 0.44 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Holley this week, compared to 3 articles on an average week.
Search Interest
Only 3 people have searched for HLLY on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Holley to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

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 $82,177.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.92% of the stock of Holley is held by insiders.
Percentage Held by Institutions
78.44% of the stock of Holley is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Holley are expected to grow by 45.45% in the coming year, from $0.22 to $0.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Holley is 141.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Holley is 141.33, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 354.01.
Price to Book Value per Share Ratio
Holley has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Holley Stock (NYSE:HLLY)

Holley Inc. designs, manufactures, and markets automotive aftermarket products for car and truck enthusiasts in the United States, Canada, Europe, and China. The company's 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 wheels, chassis and suspension products, 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, APR, MSD, Flowmaster, Powerteq, Accel, and Simpson brands to retailers directly, as well as through distributors and online platform. The company 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

December 8, 2023 | stockhouse.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Shareholders of Holley Inc.(HLLY) of a Class Action Lawsuit and an Upcoming Deadline

December 7, 2023 | markets.businessinsider.com

Benchmark Co. Keeps Their Buy Rating on Holley (HLLY)

December 9, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 6, 2023 | finance.yahoo.com

Holley’s Robust Portfolio of Safety Solutions on Display at PRI 2023

December 4, 2023 | markets.businessinsider.com

INVESTOR ALERT: Potential Recovery for Holley Inc. (HLLY) Investors Affected by Stock Drop â Levi & Korsinsky Pursuing Class Action Lawsuit

December 3, 2023 | barrons.com

HLLY INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Reminds Holley Inc. Investors to Contact the Firm to Lead Class Action Lawsuit!

November 30, 2023 | markets.businessinsider.com

SHAREHOLDER ALERT: Potential Recovery for Holley Inc. (HLLY) Investors Affected by Stock Drop – Levi & Korsinsky Pursuing Class Action Lawsuit

November 30, 2023 | markets.businessinsider.com

SHAREHOLDER ALERT: Potential Recovery for Holley Inc. (HLLY) Investors Affected by Stock Drop - Levi & Korsinsky Pursuing Class Action Lawsuit

December 9, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 29, 2023 | americanbankingnews.com

Holley Inc. (NYSE:HLLY) Given Consensus Recommendation of "Moderate Buy" by Brokerages

November 24, 2023 | barrons.com

INVESTOR ALERT: Levi & Korsinsky Notifies Holley Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - HLLY

November 23, 2023 | finance.yahoo.com

Insider Buying Alert: President and CEO Matthew Stevenson Acquires 25,000 Shares of Holley Inc ...

November 21, 2023 | benzinga.com

HLLY Investors Have Opportunity to Lead Holley Inc. Securities Fraud Lawsuit

November 21, 2023 | finance.yahoo.com

Holley Inc.'s (NYSE:HLLY) Business Is Yet to Catch Up With Its Share Price

November 20, 2023 | benzinga.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Holley Inc. (HLLY) Investors of a Class Action Lawsuit and Upcoming Deadline

November 20, 2023 | markets.businessinsider.com

INVESTOR ALERT: Potential Recovery for Holley Inc. (HLLY) Investors Affected by Stock Drop - Levi & Korsinsky Pursuing Class Action Lawsuit

November 18, 2023 | morningstar.com

Holley Inc Class A

November 17, 2023 | benzinga.com

DEADLINE ALERT for HLLY, SCYX, LICY, and FMC: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

November 16, 2023 | markets.businessinsider.com

Holley Investor Deadline Approaching

November 16, 2023 | msn.com

Jefferies Upgrades Holley Inc - (HLLY)

November 15, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These NA Stocks: Holley (HLLY), Beauty Health (SKIN) and Vipshop (VIPS)

November 15, 2023 | benzinga.com

HLLY STOCKHOLDERS: Contact Robbins LLP for Information About Your Rights Against Holley Inc. (f/k/a Empower Ltd.)

November 15, 2023 | benzinga.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Holley Inc.(HLLY) Investors of a Class Action Lawsuit and Upcoming Deadline

November 15, 2023 | seekingalpha.com

Holley: Strong Q3 2023 Results And Significant Debt Reduction (Rating Upgrade)

November 14, 2023 | businesswire.com

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Holley Inc. (HLLY)

November 13, 2023 | businesswire.com

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Holley Inc. (HLLY) Investors

November 12, 2023 | barrons.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Holley Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - HLLY

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Auto Parts
Sub-Industry: N/A
Sector: Consumer Cyclical
Current Symbol: NYSE:HLLY
CUSIP: N/A
CIK: 1822928
Web: www.empowermidocean.com
Phone: 270-782-2900
Fax: N/A
Employees: 1,622
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.36
High Stock Price Target: $12.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +97.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.03
Trailing P/E Ratio: 141.33
Forward P/E Ratio: 19.27
P/E Growth: N/A
Net Income: $73.77 million
Net Margins: 0.42%
Pretax Margin: 0.93%
Return on Equity: 0.70%
Return on Assets: 0.24%

Debt

Debt-to-Equity Ratio: 1.38
Current Ratio: 3.43
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $688.41 million
Price / Sales: 0.73
Cash Flow: $0.34 per share
Price / Cash Flow: 12.42
Book Value: $3.55 per share
Price / Book: 1.19

Miscellaneous

Outstanding Shares: 118,570,000
Free Float: 117,476,000
Market Cap: $502.74 million
Optionable: Not Optionable
Beta: 1.55

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Key Executives

Mr. Matthew E. Rubel (Age 65)
Executive Chairman
Comp: $120k
Mr. Brian Appelgate (Age 66)
Head of Mergers & Acquisitions and Interim COO
Comp: $207.13k
Ms. Carly Kennedy (Age 41)
Executive VP, General Counsel & Corporate Secretary
Comp: $624.7k
Mr. Matthew J. Stevenson (Age 45)
President, CEO & Director
Mr. Jesse Weaver (Age 41)
Chief Financial Officer
Mr. Terrill M. Rutledge (Age 54)
Chief Information Officer
Mr. Vinod Nimmagadda (Age 29)
Executive Vice President of Corporate Development & New Ventures
Comp: $518.22k
Mr. Patrick Lee Pierce (Age 42)
Chief Human Resources Officer
Mr. Sean C. Crawford (Age 40)
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?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Holley in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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?: 10 analysts have issued 1-year price objectives for Holley's shares. Their HLLY share price targets range from $5.00 to $12.00. On average, they anticipate the company's stock price to reach $8.36 in the next year. This suggests a possible upside of 97.2% 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 2023?: Holley's stock was trading at $2.12 at the beginning of 2023. Since then, HLLY stock has increased by 100.0% and is now trading at $4.24.
View the best growth stocks for 2023 here.
Are investors shorting Holley?: Holley saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 2,330,000 shares, a decline of 7.9% from the October 31st total of 2,530,000 shares. Based on an average daily volume of 494,300 shares, the short-interest ratio is currently 4.7 days. Currently, 4.7% of the company's stock 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, March 14th 2024.
View our HLLY earnings forecast.

How were Holley's earnings last quarter?: Holley Inc. (NYSE:HLLY) posted its quarterly earnings data on Wednesday, November, 8th. The company reported $0.03 earnings per share for the quarter, hitting analysts' consensus estimates of $0.03. The business had revenue of $156.53 million for the quarter, compared to analyst estimates of $156.62 million. Holley had a net margin of 0.42% and a trailing twelve-month return on equity of 0.70%.
What guidance has Holley issued on next quarter's earnings?: Holley issued an update on its FY 2023 earnings guidance on Wednesday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $645.00 million-$675.00 million, compared to the consensus revenue estimate of $666.17 million.
Who are Holley's major shareholders?: Holley's stock is owned by a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (12.02%), Bamco Inc. NY (4.23%), Allspring Global Investments Holdings LLC (3.39%), Skylands Capital LLC (0.46%), Northern Trust Corp (0.37%) and Victory Capital Management Inc. (0.34%). Insiders that own company stock include David S Lobel, Dominic Bardos, Ginger M Jones, Graham Clempson, Matthew Stevenson, Midocean Partners V, LP and Thomas W Tomlinson.
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:HLLY) was last updated on 12/9/2023 by MarketBeat.com Staff

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