Holley (NYSE:HLLY – Get Free Report) will release its earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to post earnings of $0.05 per share for the quarter. Holley has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Holley (NYSE:HLLY – Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. The company had revenue of $155.70 million for the quarter, compared to the consensus estimate of $153.26 million. Holley had a net margin of 2.91% and a return on equity of 5.77%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.19) earnings per share. On average, analysts expect Holley to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Holley Stock Down 0.5 %
Shares of Holley stock opened at $4.03 on Wednesday. The company has a market cap of $478.76 million, a price-to-earnings ratio of 23.71 and a beta of 1.52. The company’s 50 day moving average is $4.28 and its 200 day moving average is $4.44. Holley has a twelve month low of $2.08 and a twelve month high of $8.06. The company has a quick ratio of 1.12, a current ratio of 3.17 and a debt-to-equity ratio of 1.31.
Wall Street Analyst Weigh In
Read Our Latest Research Report on HLLY
Insider Transactions at Holley
In related news, Director Graham Clempson bought 59,076 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was bought at an average cost of $4.18 per share, with a total value of $246,937.68. Following the completion of the purchase, the director now owns 63,851 shares of the company’s stock, valued at approximately $266,897.18. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.20% of the company’s stock.
About Holley
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.
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