Holley (HLLY) Stock Price, News & Analysis

Company Overview

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. It also offers brakes and brake systems, vehicle restoration parts, 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, MSD, Simpson, Powerteq, Accel, and Flowmaster through DTC, E-tailer, warehouse distributor, traditional retailer, and jobber/ installer channels. Holley Inc. was founded in 1903 and is headquartered in Bowling Green, Kentucky.

Key Stats

• Today's Range: $2.71 to $2.82
• 50-Day Range: $2.59 to $2.95
• 52-Week Range: $2.29 to $5.23
• Volume: 536,564 shs
• Average Volume: 369,472 shs
• Market Capitalization: $335.43 million
• P/E Ratio: 21.54
• Dividend Yield: N/A
• Price Target: $6.63
• Consensus Rating: Moderate Buy

Holley Stock Analysis - MarketRank™

Holley scored higher than 76% of companies evaluated by MarketBeat, and ranked 26th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Holley has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Holley has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 108.33%

Earnings Growth

Earnings for Holley are expected to grow by 108.33% in the coming year, from $0.12 to $0.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Holley is 21.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Holley is 21.54, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.32.

Price to Book Value per Share Ratio

Holley has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.39% 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 5.

Change versus previous month

Short interest in Holley has recently decreased by 8.10%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Holley does not currently pay a dividend.

Dividend Growth

Holley does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.39% 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 5.

Change versus previous month

Short interest in Holley has recently decreased by 8.10%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.89

News Sentiment

Holley has a news sentiment score of 0.89. 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 0.50 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Holley this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for HLLY on MarketBeat in the last 30 days. This is a decrease of -50% 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 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Holley insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,230,068.00 in company stock.

Percentage Held by Insiders

Only 0.92% of the stock of Holley is held by insiders.

Percentage Held by Institutions

Only 39.70% of the stock of Holley is held by institutions.

HLLY Stock Analysis - Frequently Asked Questions

How have HLLY shares performed this year?

Holley's stock was trading at $4.87 at the beginning of 2024. Since then, HLLY shares have decreased by 42.5% and is now trading at $2.80.
View the best growth stocks for 2024 here.

How were Holley's earnings last quarter?

Holley Inc. (NYSE:HLLY) announced its quarterly earnings results on Friday, November, 8th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.04. The firm's revenue for the quarter was down 14.4% compared to the same quarter last year.

Who are Holley's major shareholders?

Top institutional shareholders of Holley include Allspring Global Investments Holdings LLC (8.56%), Bamco Inc. NY (2.50%), Geode Capital Management LLC (0.95%) and State Street Corp (0.92%). Insiders that own company stock include David S Lobel, Midocean Partners V, LP, Matthew Stevenson, Thomas W Tomlinson, Matthew E Rubel, Dominic Bardos, Ginger M Jones and Graham Clempson.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Holley own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Holley investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicle parts & accessories
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NYSE:HLLY
• CUSIP: N/A
• CIK: 1822928
• Web: www.empowermidocean.com
• Phone: 270-782-2900
• Fax: N/A
• Employees: 1,633
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.63
• High Stock Price Target: $12.00
• Low Stock Price Target: $4.25
• Potential Upside/Downside: +137.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.13
• Trailing P/E Ratio: 21.46
• Forward P/E Ratio: 23.25
• P/E Growth: N/A
• Net Income: $19.18 million
• Net Margins: 2.55%
• Pretax Margin: 2.60%
• Return on Equity: 2.59%
• Return on Assets: 0.98%

Debt

• Debt-to-Equity Ratio: 1.20
• Current Ratio: 2.93
• Quick Ratio: 1.17

Sales & Book Value

• Annual Sales: $617.88 million
• Price / Sales: 0.54
• Cash Flow: $0.48 per share
• Price / Cash Flow: 5.87
• Book Value: $3.75 per share
• Price / Book: 0.74

Miscellaneous

• Outstanding Shares: 119,797,000
• Free Float: 118,695,000
• Market Cap: $334.23 million
• Optionable: Optionable
• Beta: 1.47