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 $4.10, down 1.44% from the previous day, and has increased 80.62% in one year. It has overperformed other stocks in the Auto Parts industry by 0.89 percentage points. Holley stock is currently +97.12% from its 52-week low of $2.08, and -49.13% from its 52-week high of $8.06.
At the moment, there are 119.89M HLLY shares outstanding. The market value of HLLY is $491.57M. In the past 24 hours, 400,414 HLLY shares were traded.
How to Buy Holley Stock
Wondering how to invest in Holley stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your details.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
We believe that eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global markets: From Tech to Energy, New York to Tokyo — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on stock market app, you need to deposit funds:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
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 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 25.63x, relative to Auto Parts industry P/E ratio of -163.02x
- HLLY could be undervalued based on its P/B ratio of 1.11x, relative to Auto Parts industry P/B ratio of 1.8x
- HLLY may be undervalued based on its PEG ratio of 0.09x
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 $88.33M is not enough to cover its interest payments.
- HLLY profit margin has gone down from 10.7% to 2.9% in the past year.
- HLLY has a relatively high debt to equity ratio of 1.73.
- HLLY's operating cash flow of $88.09M allows it to safely service it's debt of $584.17M.
Do Wall Street analysts think it's a good time to buy HLLY stock
Out of 7 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
Bret Jordan, a top 30% analyst from Jefferies upgrades HLLY to a strong buy rating and lowers their HLLY price target from $8.00 to $5.00, on Nov 15, 2023.
Joseph Altobello, a bottom 3% analyst from Raymond James maintains HLLY with a buy rating and lowers their HLLY price target from $8.25 to $5.50, on Nov 9, 2023.
You can dig deeper into what analysts are forecasting on the Holley stock forecast page.
HLLY Technical Indicators
Is HLLY Making Money?
Last year, HLLY earnings were $19.18M. Over the last four year, HLLY's earnings have grown by 100% per year. This was faster than the Auto Parts industry average of 4.36%.
Last year, HLLY revenue was $659.70M. During the last 5 year, HLLY's revenue has gone up by 36.76% per year. This was faster than the Auto Parts industry average of 10.73%.
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.
Graham Clempson, Director of HLLY, was the latest HLLY insider to buy. They bought $172,944.82 worth of HLLY shares on Mar 15, 2024.
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.
Get analysis from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
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.
Press the Open Trade button and eToro will place your order.
If you need more help investing in stocks on eToro, click the helpful video below:
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:
- Figure out where to buy Holley stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Holley stock
- Place your HLLY purchase
- Monitor your investment in HLLY
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Holley, click the button below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.