With 0.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on HLLY shows that it touched its highest point at $4.18 and its lowest point at $1.93 during that stretch. It currently has a 1-year price target of $3.75. Beta for the stock currently stands at 1.44.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HLLY was down-trending over the past week, with a drop of -17.67%, but this was down by -25.32% over a month. Three-month performance dropped to -40.20% while six-month performance fell -32.44%. The stock lost -56.62% in the past year, while it has lost -41.39% so far this year. A look at the trailing 12-month EPS for HLLY yields -0.20 with Next year EPS estimates of 0.35. For the next quarter, that number is 0.10. This implies an EPS growth rate of 26.35% for this year and 38.65% for next year.
Float and Shares Shorts:
At present, 118.75 million HLLY shares are outstanding with a float of 59.66 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HLLY since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.13404 being high and $0.11342 being low. For HLLY, this leads to a yearly average estimate of $0.12373. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.03.
