The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Holley Inc (NYSE: HLLY) closed at $2.43 in the last session, down -0.82% from day before closing price of $2.45. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 0.72 million shares were traded. HLLY stock price reached its highest trading level at $2.475 during the session, while it also had its lowest trading level at $2.31.
Ratios:
We take a closer look at HLLY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on November 11, 2024, Reiterated its Outperform rating but revised its target price to $4.50 from $5.50 previously.
On August 08, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $6.50 to $5.50.
Telsey Advisory Group reiterated its Outperform rating for the stock on May 09, 2024, while the target price for the stock was revised from $9 to $6.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 16 ’24 when LOBEL DAVID S sold 1,743,356 shares for $3.00 per share. The transaction valued at 5,230,068 led to the insider holds 41,556,961 shares of the business.
Holley Parent Holdings, LLC bought 1,743,356 shares of HLLY for $5,230,068 on Dec 16 ’24. On Jun 12 ’24, another insider, Rubel Matthew E, who serves as the Exec. Chairman of the Board of the company, bought 14,493 shares for $3.39 each. As a result, the insider paid 49,131 and bolstered with 169,979 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HLLY now has a Market Capitalization of 288448288 and an Enterprise Value of 819218304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 1.36 whereas that against EBITDA is 8.317.
Stock Price History:
The Beta on a monthly basis for HLLY is 1.44, which has changed by -0.41019416 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, HLLY has reached a high of $4.57, while it has fallen to a 52-week low of $2.29. The 50-Day Moving Average of the stock is -15.55%, while the 200-Day Moving Average is calculated to be -21.24%.
Shares Statistics:
According to the various share statistics, HLLY traded on average about 410.67K shares per day over the past 3-months and 632360 shares per day over the past 10 days. A total of 119.80M shares are outstanding, with a floating share count of 58.51M. Insiders hold about 51.16% of the company’s shares, while institutions hold 43.37% stake in the company. Shares short for HLLY as of 1740700800 were 2207251 with a Short Ratio of 5.37, compared to 1738281600 on 2042995. Therefore, it implies a Short% of Shares Outstanding of 2207251 and a Short% of Float of 4.32.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
