In a report released today, Joe Feldman from Telsey Advisory maintained a Buy rating on Holley (HLLY – Research Report), with a price target of $9.00. The company’s shares closed yesterday at $4.17.
Feldman covers the Consumer Cyclical sector, focusing on stocks such as Costco, Home Depot, and Best Buy Co. According to TipRanks, Feldman has an average return of 9.6% and a 60.80% success rate on recommended stocks.
Currently, the analyst consensus on Holley is a Strong Buy with an average price target of $8.40.
HLLY market cap is currently $497.6M and has a P/E ratio of 25.63.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HLLY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Holley (HLLY) Company Description:
Empower Ltd is a blank check company.
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