In last trading session, Holley Inc (NYSE:HLLY) saw 0.65 million shares changing hands with its beta currently measuring 1.43. Company’s recent per share price level of $2.41 trading at -$0.02 or -0.82% at ring of the bell on the day assigns it a market valuation of $288.71M. That closing price of HLLY’s stock is at a discount of -89.63% from its 52-week high price of $4.57 and is indicating a premium of 4.98% from its 52-week low price of $2.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.66 million shares which gives us an average trading volume of 415.69K if we extend that period to 3-months.
For Holley Inc (HLLY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.38. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.05 in the current quarter.
Holley Inc (NYSE:HLLY) trade information
Upright in the red during last session for losing -0.82%, in the last five days HLLY remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $2.41 price level, adding 21.24% to its value on the day. Holley Inc’s shares saw a change of -20.20% in year-to-date performance and have moved -0.82% in past 5-day. Holley Inc (NYSE:HLLY) showed a performance of -14.84% in past 30-days. Number of shares sold short was 2.21 million shares which calculate 8.21 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5.25 to the stock, which implies a rise of 54.1% to its current value. Analysts have been projecting 4.5 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -86.72% in reaching the projected high whereas dropping to the targeted low would mean a loss of -86.72% for stock’s current value.
Holley Inc (HLLY) estimates and forecasts
This year revenue growth is estimated to fall -1.62% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 148.82M for the same. And 8 analysts are in estimates of company making revenue of 161.64M in the next quarter. Company posted 158.64M and 169.5M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 26.87% while estimates for its earnings growth in next 5 years are of 41.78%.
Holley Inc (NYSE:HLLY)’s Major holders
Insiders are in possession of 2.32% of company’s total shares while institution are holding 90.13 percent of that, with stock having share float percentage of 92.27%. Investors also watch the number of corporate investors in a company very closely, which is 90.13% institutions for Holley Inc that are currently holding shares of the company. KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC is the top institutional holder at HLLY for having 9.92 million shares of worth $35.51 million. And as of 2024-06-30, it was holding 8.3721 of the company’s outstanding shares.
The second largest institutional holder is ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC, which was holding about 9.59 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.0955 of outstanding shares, having a total worth of $34.34 million.
On the other hand, Allspring Special Small Cap Value Fund and Virtus Equity Tr-Virtus KAR Small Cap Growth Fd are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.99 shares of worth $14.44 million or 5.00% of the total outstanding shares. The later fund manager was in possession of 5.75 shares on Dec 31, 2024 , making its stake of worth around $13.85 million in the company or a holder of 4.80% of company’s stock.
