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How to Buy Holley Stock

Holley Inc

Empower Ltd. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Holley stock last closed at $4.51, down 0.22% from the previous day, and has increased 109.77% in one year. It has overperformed other stocks in the Auto Parts industry by 1.26 percentage points. Holley stock is currently +133.68% from its 52-week low of $1.93, and -44.04% from its 52-week high of $8.06.

At the moment, there are 119.66M HLLY shares outstanding. The market value of HLLY is $539.67M. In the past 24 hours, 174,285 HLLY shares were traded.

How to Buy Holley Stock

Wondering how to invest in Holley stock? Here's how.
  1. Figure out where to buy Holley stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Holley stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your method of payment and add your details.
  4. Evaluate Holley stock: The Holley ticker symbol is HLLY. Is Holley stock a good investment? Should you buy shares of HLLY? How do HLLY's underlying business fundamentals look? Do top analysts think Holley is a good buy? Why has HLLY's stock price moved recently? (Hint: Our stock market research website can help you understand if HLLY is a good stock to buy).
  5. Place your HLLY purchase: Decide if you will purchase HLLY shares at the current market price or use a limit order to buy HLLY shares at a specific price.
  6. Monitor your investment in HLLY: Create a watchlist to key updates about your new investment in Holley stock.

Step 1: Figure out where to buy Holley stock

You need an online brokerage account in order to access the NYSE market and buy HLLY shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal information so you are able to invest in HLLY today.

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Step 3: Deposit funds into your investment account

Now that you have created your account on stock market app, you need to deposit funds:

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Step 4: Evaluate Holley stock

Once you have chosen the best place to buy Holley stock, it's important to analyze their stock before you invest, so you truly understand the risk and upside.

Holley quick stats

HLLY Price
$4.51
1w %
-8.52%
1y %
109.77%
5y %
N/A
P/E
150.33x
P/B
1.23x
P/S
0.8x
PEG
0.08x
Revenue
$658.16M
Earnings
$2.75M
Fore. Rev. Growth
2.67%
Fore. Earn. Growth
2,400%
Market Cap
$539.67M
Next Earnings
Feb 28, 2024
Next Dividend
N/A

HLLY Fundamentals

WallStreetZen was designed to help average investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on HLLY's stock page.

Is HLLY stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge HLLY's fair value.

Using relative valuations ratios:

  • HLLY could be undervalued based on its P/E ratio of 150.33x, relative to Auto Parts industry P/E ratio of -90.41x
  • HLLY could be undervalued based on its P/B ratio of 1.23x, relative to Auto Parts industry P/B ratio of 1.8x
  • HLLY may be undervalued based on its PEG ratio of 0.08x

You can access more valuation research on HLLY's stock here.

HLLY Financials at a glance

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the HLLY balance sheet.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the HLLY balance sheet.
  • HLLY earnings of $61.49M is not enough to cover its interest payments.
  • HLLY profit margin has gone down from 9.9% to 0.4% in the past year.
  • HLLY has a relatively high debt to equity ratio of 1.78.
  • HLLY's operating cash flow of $57.01M allows it to safely service it's debt of $636.08M.

Do Wall Street analysts think it's a good time to buy HLLY stock

Out of 6 Wall Street analysts who give recommendations on HLLY, the consensus analyst rating on Holley is a Strong Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent HLLY Analyst Recommendations

John Lawrence, a top 8% analyst from Benchmark reiterates HLLY with a strong buy rating and maintains their HLLY price target from $12.00 to $12.00, on Sep 12, 2023.

You can dig deeper into what analysts are forecasting on the Holley stock forecast page.

HLLY Technical Indicators

SMA10
4.82
SMA20
4.85
SMA50
4.77
SMA100
4.54
SMA200
4.68
MACD
-0.03
MACD Signal
0.03
MACD Histogram
-0.06
RSI
44.19
Stochastic %K
26.69
Stochastic %D
26.73
StochRSI %K
17.23
StochRSI %D
15.57

Is HLLY Making Money?

Last year, HLLY earnings were $2.75M. Over the last two year, HLLY's earnings have grown by -29.29% per year. This was slower than the Auto Parts industry average of 4.36%.

Last year, HLLY revenue was $658.16M. During the last 2 year, HLLY's revenue has gone up by 0.51% per year. This was slower than the Auto Parts industry average of 8.76%.

You can analyze HLLY's earnings and revenue performance here.

Are HLLY insiders buying or selling the stock?

Over the last 12 months, insiders at HLLY have sold more shares than they have bought.

Matthew Stevenson, President and CEO of HLLY, was the latest HLLY insider to buy. They bought $56,243.18 worth of HLLY shares on Nov 22, 2023.

Learn more about who owns HLLY shares here.

Can I rely on HLLY as an income stream?

No, Holley doesn't provide an income stream by paying out dividends.

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Step 5: Place your HLLY purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, use a limit order.

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Step 6: Monitor your investment in HLLY

Now that you own some HLLY stock, you'll want to keep up with your company.

Start a watchlist to get notified of the latest news about your HLLY stock.

HLLY Feed

How to Buy Stock in Holley

To summarize, here are the 6 steps you need to take to buy Holley stock right now:

  1. Figure out where to buy Holley stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Holley stock
  5. Place your HLLY purchase
  6. Monitor your investment in HLLY

If you are looking for a place to buy stocks, eToro is our favorite venue.

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If you want to monitor your new investment in Holley, click the button below.

NYSE: HLLY
$4.51-0.01 (-0.22%)
Updated Feb 23, 2024
Open eToro Account
NYSE: HLLY
$4.51-0.01 (-0.22%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Holley share?

As of Feb 23, 2024, it costs $4.51 to buy one share of Holley stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.443 shares of HLLY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Holley stock?

According to 6 Wall Street analysts who monitor Holley, their consensus recommendation is to buy Holley stock.

What is the best way to buy Holley stock?

One way to place an order for Holley stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.