Holley Inc (NYSE: HLLY) kicked off on Friday, up 0.62% from the previous trading day, before settling in for the closing price of $3.21. Over the past 52 weeks, HLLY has traded in a range of $2.94-$5.88.
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A company in the Consumer Cyclical sector has jumped its sales by 47.34% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 0.26%. With a float of $50.79 million, this company’s outstanding shares have now reached $117.71 million.
In an organization with 1594 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 36.01%, operating margin of 12.08%, and the pretax margin is 4.17%.
Holley Inc (HLLY) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Holley Inc is 57.60%, while institutional ownership is 40.49%. The most recent insider transaction that took place on Jun 12 ’24, was worth 49,131. In this transaction Exec. Chairman of the Board of this company bought 14,493 shares at a rate of $3.39, taking the stock ownership to the 169,979 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Director bought 59,076 for $4.18, making the entire transaction worth $247,168. This insider now owns 63,851 shares in total.
Holley Inc (HLLY) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.03 earnings per share (EPS), higher than consensus estimate (set at 0.03) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.26% per share during the next fiscal year.
Holley Inc (NYSE: HLLY) Trading Performance Indicators
Take a look at Holley Inc’s (HLLY) current performance indicators. Last quarter, stock had a quick ratio of 1.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 4.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.19, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of Holley Inc (HLLY)
Let’s dig in a bit further. During the last 5-days, its volume was 0.28 million. That was inferior than the volume of 0.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.53%. Additionally, its Average True Range was 0.12.
During the past 100 days, Holley Inc’s (HLLY) raw stochastic average was set at 20.42%, which indicates a significant decrease from 65.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.04% in the past 14 days, which was lower than the 40.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.46, while its 200-day Moving Average is $4.09. However, in the short run, Holley Inc’s stock first resistance to watch stands at $3.25. Second resistance stands at $3.27. The third major resistance level sits at $3.31. If the price goes on to break the first support level at $3.19, it is likely to go to the next support level at $3.15. Assuming the price breaks the second support level, the third support level stands at $3.13.
Holley Inc (NYSE: HLLY) Key Stats
The company with the Market Capitalisation of 386.89 million has total of 119,311K Shares Outstanding. Its annual sales at the moment are 659,700 K in contrast with the sum of 19,180 K annual income. Company’s last quarter sales were recorded 169,500 K and last quarter income was 17,110 K.
