Holley Inc. (NYSE:HLLY) Stock Has Average Target Price of $4.90 According to Brokerages

Shares of Holley Inc. (NYSE:HLLY) have received a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $4.20.

A number of analysts have weighed in on HLLY shares. DA Davidson set a $3.00 price target on shares of Holley in a report on Friday. Freedom Capital downgraded shares of Holley from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 13th. Canaccord Genuity Group cut their price objective on shares of Holley from $7.00 to $5.00 and set a “buy” rating for the company in a research report on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of Holley in a research note on Tuesday, November 3rd. Finally, Zacks Research downgraded Holley from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th.

Holley Stock Performance

Shares of NYSE HLLY opened at $2.08 on Monday. Holley has a 12 month low of $2.05 and a 12 month high of $4.48. The company has a market cap of $252.77 million, a P/E ratio of 13.90 and a beta of 1.44. The business’s 50 day moving average is $2.59 and its two-hundred day moving average is $2.97. The company has a quick ratio of 1.23, a current ratio of 3.04 and a debt-to-equity ratio of 1.07.

Holley (NYSE:HLLY) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The business had revenue of $141.56 million during the quarter, compared to the consensus estimate of $145.80 million. Holley had a net margin of 3.07% and a return on equity of 9.28%. On average, equities analysts expect that Holley will post 0.39 EPS for the current year.

Institutional Trading of Holley

A number of hedge funds have recently modified their holdings of HLLY. Russell Investments Group Ltd. raised its stake in shares of Holley by 38.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,203,493 shares of the company’s stock valued at $5,200,000 after buying an additional 617,178 shares in the last quarter. Ritholtz Wealth Management bought a new position in shares of Holley during the 3rd quarter worth about $96,000. Penn Capital Management Company LLC lifted its holdings in shares of Holley by 134.4% during the 3rd quarter. Penn Capital Management Company LLC now owns 577,427 shares of the company’s stock worth $1,363,000 after acquiring an additional 331,067 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Holley by 2.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 10,066,406 shares of the company’s stock valued at $23,958,000 after acquiring an additional 258,955 shares in the last quarter. Finally, Skylands Capital LLC boosted its position in shares of Holley by 2.1% during the 3rd quarter. Skylands Capital LLC now owns 1,092,212 shares of the company’s stock valued at $2,578,000 after acquiring an additional 22,383 shares in the last quarter. Institutional investors own 39.70% of the company’s stock.

Trending Headlines about Holley

Here are the key news stories impacting Holley this week:

• Positive Sentiment: Holley reported continued sales growth and margin expansion, generating enough cash to prepay $25 million of debt. It said leverage reached its lowest level in four years and its 3.5x year-end leverage target was achieved a quarter early. Holley Q3 results
• Positive Sentiment: Canaccord Genuity lowered its price target to $5 from $7 but kept a Buy rating, signaling the analyst still sees significant potential upside from the recent share price. Canaccord price target update
• Neutral Sentiment: Management forecast 2026 adjusted EBITDA of $127 million–$132 million and net sales of $610 million–$625 million. The sales range’s upper end is near, but its midpoint is below, analysts’ roughly $624.6 million estimate. Holley 2026 outlook
• Negative Sentiment: Third-quarter EPS of $0.06 missed the $0.07 consensus, while revenue of $141.56 million was below analysts’ $145.8 million estimate. The shortfalls may weigh on sentiment despite year-over-year EPS growth from $0.03. Q3 earnings and revenue results

Holley Company Profile

Holley Inc is an automotive aftermarket company that designs, manufactures and distributes performance products for cars, trucks, powersports vehicles and other enthusiast applications. Its offerings include fuel systems, engine and ignition components, exhaust products, suspension and driveline components, electronic controls, vehicle accessories and safety equipment.

The company serves do-it-yourself consumers, professional installers, racing teams, automotive enthusiasts and original equipment manufacturers through a portfolio of established aftermarket brands.