HLLY

Holley Inc - Ordinary Shares - Class A

Consumer, TMT


Presented:07/21/2022
Price:$12.37
Cap:$1.46B
Current Price:$2.84
Cap:$0.34B

Presented

Date07/21/2022
Price$12.37
Market Cap$1.46B
Ent Value$2.22B
P/E RatioN/A
Book Value$2.90
Div Yield0%
Shares O/S118.03M
Ave Daily Vol676,607
Short Int20.22%

Current

Price$2.84
Market Cap$0.34B
Holley, Inc. manufactures and designs automotive aftermarket products. It offers a diverse range of performance automotive products such as fuel injection systems, tuners, exhaust products, carburetors, and safety equipment. The company was founded in 1903 and is headquartered in Bowling Green, KY.

Publicly traded companies mentioned herein: Holly Inc (HLLY)

Highlights

The presenter is short shares of Holley Inc (HLLY), a manufacturer, distributor and reseller of auto parts for classic and off road sports modifications. This company was largely successful over the pandemic when the values of classic cars skyrocketed, thereby inflating the demand for HLLY’s products. However, the presenter argues that HLLY is poorly positioned to handle a consumer slowdown, as it can no longer take the pricing action needed to outpace the 22% increase to its operating expense this year.

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Idea Discussion

Commentor 1 - 2 weeks ago

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