Holley (NYSE:HLLY - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
Holley Stock Down 0.6 %
Shares of HLLY stock traded down $0.02 on Friday, hitting $2.70. 320,442 shares of the stock were exchanged, compared to its average volume of 301,787. The business has a 50-day moving average of $2.95 and a 200 day moving average of $2.95. Holley has a fifty-two week low of $2.29 and a fifty-two week high of $4.87. The firm has a market capitalization of $322.86 million, a P/E ratio of 20.73 and a beta of 1.42. The company has a current ratio of 2.93, a quick ratio of 1.17 and a debt-to-equity ratio of 1.20.
Analysts Set New Price Targets
Separately, Telsey Advisory Group reaffirmed an "outperform" rating and set a $4.50 price target on shares of Holley in a research report on Wednesday, January 8th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $6.95.
Read Our Latest Research Report on HLLY
Insider Activity at Holley
In related news, Director David S. Lobel sold 1,743,356 shares of the firm's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $3.00, for a total value of $5,230,068.00. Following the completion of the transaction, the director now directly owns 41,556,961 shares of the company's stock, valued at approximately $124,670,883. This trade represents a 4.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.92% of the stock is owned by company insiders.
About Holley
(
Get Free Report)
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.
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