During the last session, Holley Inc (NYSE:HLLY)’s traded shares were 0.41 million, with the beta value of the company hitting 1.41. At the end of the trading day, the stock’s price was $2.63, reflecting an intraday loss of -2.23% or -$0.06. The 52-week high for the HLLY share is $4.57, that puts it down -73.76 from that peak though still a striking 14.07% gain since the share price plummeted to a 52-week low of $2.26. The company’s market capitalization is $312.62M, and the average intraday trading volume over the past 10 days was 0.47 million shares, and the average trade volume was 393.39K shares over the past three months.
Holley Inc (HLLY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.56. HLLY has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.05.
Holley Inc (NYSE:HLLY) trade information
Holley Inc (HLLY) registered a -2.23% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.23% in intraday trading to $2.63, hitting a weekly high. The stock’s 5-day price performance is 3.95%, and it has moved by -10.54% in 30 days. Based on these gigs, the overall price performance for the year is -38.26%. The short interest in Holley Inc (NYSE:HLLY) is 1.85 million shares and it means that shorts have 3.92 day(s) to cover.
The consensus price target of analysts on Wall Street is $5.25, which implies an increase of 49.9% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.5 and $6 respectively. As a result, HLLY is trading at a discount of -128.14% off the target high and -71.1% off the low.
Holley Inc (HLLY) estimates and forecasts
In the rating firms’ projections, revenue will decrease -1.67% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 148.29M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 162.02M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 158.64M and 169.5M respectively. In this case, analysts expect current quarter sales to shrink by -6.52% and then drop by -4.41% in the coming quarter.
While earnings are projected to return 29.44% in 2025, the next five years will return 41.78% per annum.
HLLY Dividends
Holley Inc is due to release its next quarterly earnings on 2025-Mar-10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Holley Inc (NYSE:HLLY)’s Major holders
Holley Inc insiders own 2.43% of total outstanding shares while institutional holders control 90.34%, with the float percentage being 92.59%. KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 174.0 institutions own stock in it. As of 2024-06-30, the company held over 9.92 million shares (or 8.3721% of all shares), a total value of $35.51 million in shares.
The next largest institutional holding, with 9.59 million shares, is of ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC’s that is approximately 8.0955% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $34.34 million.
Also, the Mutual Funds coming in first place with the largest holdings of Holley Inc (HLLY) shares are ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund and Virtus Equity Trust-Virtus KAR Small-Cap Growth Fund . Data provided on Jan 31, 2025 indicates that ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund owns about 6.0 shares. This amounts to just over 5.04 percent of the company’s overall shares, with a $15.77 million market value. The same data shows that the other fund manager holds slightly less at 5.75, or about 4.83% of the stock, which is worth about $15.11 million.
