Telsey Advisory Group Issues Pessimistic Forecast for Holley (NYSE:HLLY) Stock Price

Holley (NYSE:HLLY) had its price target reduced by stock analysts at Telsey Advisory Group from $4.50 to $2.75 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 44.36% from the company’s current price. Telsey Advisory Group also issued estimates for Holley’s Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.09 EPS.

Several other analysts have also issued reports on the company. Raymond James upped their target price on Holley from $3.00 to $3.50 and gave the stock an “outperform” rating in a report on Wednesday, March 12th. Truist Financial lowered their price target on Holley from $5.00 to $3.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Holley presently has an average rating of “Moderate Buy” and an average target price of $3.85.

Holley Trading Down 1.3 %

NYSE HLLY opened at $1.91 on Thursday. The stock has a market capitalization of $228.52 million, a price-to-earnings ratio of 14.65 and a beta of 1.43. Holley has a 52 week low of $1.60 and a 52 week high of $4.08. The stock’s 50 day moving average price is $2.32 and its two-hundred day moving average price is $2.68. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.17 and a current ratio of 2.93.

Holley (NYSE:HLLY) last released its earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.03). Holley had a net margin of 2.55% and a return on equity of 2.59%. The business had revenue of $153.04 million during the quarter, compared to the consensus estimate of $148.52 million. As a group, analysts anticipate that Holley will post 0.12 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Holley

Several hedge funds have recently bought and sold shares of HLLY. Bamco Inc. NY raised its stake in Holley by 33.3% in the fourth quarter. Bamco Inc. NY now owns 4,000,000 shares of the company’s stock valued at $12,080,000 after buying an additional 1,000,000 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Holley during the 4th quarter worth approximately $1,058,000. Atria Wealth Solutions Inc. bought a new stake in Holley in the 4th quarter valued at $30,000. Boston Partners acquired a new stake in Holley during the 4th quarter valued at $4,746,000. Finally, First Eagle Investment Management LLC boosted its position in Holley by 158.9% during the fourth quarter. First Eagle Investment Management LLC now owns 211,087 shares of the company’s stock worth $637,000 after purchasing an additional 129,569 shares during the period. 39.70% of the stock is currently owned by institutional investors and hedge funds.

Holley Company Profile

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.