FY2025 Earnings Forecast for Fox Factory Issued By B. Riley

Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) - Stock analysts at B. Riley reduced their FY2025 earnings estimates for Fox Factory in a research report issued on Thursday, August 7th. B. Riley analyst A. Glaessgen now forecasts that the company will post earnings of $1.70 per share for the year, down from their prior forecast of $1.90. B. Riley has a "Neutral" rating and a $32.00 price target on the stock. The consensus estimate for Fox Factory's current full-year earnings is $1.31 per share. B. Riley also issued estimates for Fox Factory's Q4 2025 earnings at $0.54 EPS.

Fox Factory (NASDAQ:FOXF - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). Fox Factory had a negative net margin of 17.50% and a positive return on equity of 5.03%. The firm had revenue of $374.86 million during the quarter, compared to analysts' expectations of $349.01 million. During the same period in the previous year, the firm posted $0.38 EPS. The firm's quarterly revenue was up 7.6% on a year-over-year basis.

A number of other research firms have also recently weighed in on FOXF. Stifel Nicolaus lifted their price objective on shares of Fox Factory from $34.00 to $36.00 and gave the company a "buy" rating in a report on Friday, August 8th. Truist Financial lifted their price objective on shares of Fox Factory from $28.00 to $34.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $34.86.

Fox Factory Stock Performance

FOXF traded up $0.12 on Monday, reaching $29.79. The stock had a trading volume of 76,222 shares, compared to its average volume of 621,304. Fox Factory has a 12-month low of $17.95 and a 12-month high of $44.27. The company has a current ratio of 3.03, a quick ratio of 1.36 and a debt-to-equity ratio of 0.70. The business's 50-day moving average price is $27.65 and its two-hundred day moving average price is $25.34. The company has a market cap of $1.25 billion, a P/E ratio of -4.91 and a beta of 1.50.

Institutional Trading of Fox Factory

Large investors have recently bought and sold shares of the business. Bridges Investment Management Inc. grew its stake in Fox Factory by 127.8% during the 1st quarter. Bridges Investment Management Inc. now owns 63,455 shares of the company's stock valued at $1,481,000 after acquiring an additional 35,599 shares in the last quarter. Two Sigma Advisers LP purchased a new stake in Fox Factory during the 4th quarter valued at about $378,000. Geneva Capital Management LLC grew its stake in Fox Factory by 4.0% during the 1st quarter. Geneva Capital Management LLC now owns 538,644 shares of the company's stock valued at $12,572,000 after acquiring an additional 20,692 shares in the last quarter. GAMMA Investing LLC grew its stake in Fox Factory by 254.1% during the 1st quarter. GAMMA Investing LLC now owns 1,696 shares of the company's stock valued at $40,000 after acquiring an additional 1,217 shares in the last quarter. Finally, GSA Capital Partners LLP grew its stake in Fox Factory by 50.2% during the 1st quarter. GSA Capital Partners LLP now owns 59,792 shares of the company's stock valued at $1,396,000 after acquiring an additional 19,985 shares in the last quarter.

Fox Factory Company Profile

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.