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

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

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

Institutional Trading of Holley

A number of hedge funds have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC boosted its holdings in Holley by 1.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 9,823,903 shares of the company’s stock valued at $30,749,000 after acquiring an additional 122,331 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Holley in the 2nd quarter worth about $14,361,000. Wasatch Advisors LP lifted its position in shares of Holley by 35.1% during the 2nd quarter. Wasatch Advisors LP now owns 4,887,038 shares of the company’s stock valued at $12,462,000 after buying an additional 1,269,256 shares during the last quarter. Blue Owl Capital Holdings LP purchased a new stake in Holley in the second quarter worth approximately $11,161,000. Finally, Bamco Inc. NY purchased a new stake in Holley in the second quarter worth $8,288,000. 39.70% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting 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 Stock Performance

Shares of NYSE HLLY opened at $2.08 on Monday. The company has a debt-to-equity ratio of 1.15, a current ratio of 3.06 and a quick ratio of 1.39. The stock’s fifty day moving average price is $2.59 and its two-hundred day moving average price is $2.97. The firm has a market cap of $252.76 million, a price-to-earnings ratio of 13.90 and a beta of 1.44. Holley has a one year low of $2.05 and a one year high of $4.48.

Holley (NYSE:HLLY) last issued its earnings results on Thursday, November 5th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Holley had a return on equity of 8.41% and a net margin of 1.68%. The business had revenue of $141.56 million during the quarter, compared to analysts’ expectations of $145.80 million. On average, equities analysts forecast that Holley will post 0.39 EPS for the current year.

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.