Holley (HLLY) has been upgraded to a soft 'buy' due to improved fundamentals driven by cost-cutting, asset sales, and steady aftermarket demand supported by aging vehicle fleets and consumer hesitation to buy new or used cars. Recent financial results show revenue growth, a surge in adjusted net profit, and strong operating cash flow despite a headline net loss from asset sales. Management projects 2024 revenue between $610 million and $640 million, with EBITDA expected between $127 million and $137 million. The stock currently trades at low absolute and relative valuation multiples, making it attractive for investors.
Holley’s recent upgrade amid economic challenges is offered here with a snapshot of the Consumer Cyclical sector on Pluang. As of Oct 03, 2026 00:01 WIB, out of 112 priced US stocks in this sector, 53 rose and 58 fell. Notable movers include PRTS at USD 8.73 with a 1-day change of +3.80% and a Pluang order activity split of 64% Sell / 36% Buy, FNKO at USD 5.81 up 3.75%, and BC at USD 66.25 up 3.16%, with typical hold times ranging from 32 to 102 days.
NextEra Energy and partners are developing Project Star, a $22.3 billion natural gas-powered energy campus in Encinal, Texas, aimed at powering a large data center and supplying the grid. The campus will have 6.47 gigawatts of generation capacity, wi...
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UBS lowered its price target for McCormick from $52 to $48 following the company's Q3 fiscal 2026 results. Although McCormick beat expectations and confirmed its full-year outlook, its net income fell sharply to $97.6 million from $225.5 million year...
TransUnion has announced that its VantageScore 4.0 mortgage scores will be priced at $0.99 each until December 2028, providing stable and predictable costs for lenders. This pricing strategy follows the Federal Housing Finance Agency's decision to ex...
