Two Sigma Advisers LP bought a new stake in shares of Fox Factory Holding Corp. (NASDAQ:FOXF - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,500 shares of the company's stock, valued at approximately $378,000.
A number of other large investors have also added to or reduced their stakes in the company. Barclays PLC raised its stake in shares of Fox Factory by 474.7% during the 3rd quarter. Barclays PLC now owns 122,806 shares of the company's stock worth $5,097,000 after acquiring an additional 101,437 shares in the last quarter. KBC Group NV increased its position in shares of Fox Factory by 80.4% during the fourth quarter. KBC Group NV now owns 2,484 shares of the company's stock worth $75,000 after purchasing an additional 1,107 shares in the last quarter. Angeles Wealth Management LLC purchased a new stake in shares of Fox Factory during the 4th quarter valued at $1,710,000. Rhumbline Advisers boosted its position in shares of Fox Factory by 1.4% in the 4th quarter. Rhumbline Advisers now owns 129,275 shares of the company's stock worth $3,913,000 after purchasing an additional 1,790 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Fox Factory by 3.8% in the 4th quarter. Principal Financial Group Inc. now owns 225,167 shares of the company's stock worth $6,816,000 after purchasing an additional 8,162 shares in the last quarter.
Fox Factory Stock Performance
Shares of Fox Factory stock traded up $0.82 during trading on Monday, hitting $27.29. 497,533 shares of the company's stock were exchanged, compared to its average volume of 627,444. Fox Factory Holding Corp. has a 52-week low of $17.95 and a 52-week high of $54.86. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.62 and a current ratio of 3.21. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 104.97, a PEG ratio of 1.45 and a beta of 1.52. The business has a 50-day simple moving average of $22.52 and a 200-day simple moving average of $26.13.
Fox Factory (NASDAQ:FOXF - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.22 by $0.01. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The business had revenue of $355.03 million for the quarter, compared to analyst estimates of $330.71 million. During the same quarter in the prior year, the firm posted $0.29 EPS. The business's quarterly revenue was up 6.5% compared to the same quarter last year. On average, research analysts forecast that Fox Factory Holding Corp. will post 1.31 EPS for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on FOXF. Jefferies Financial Group dropped their price target on Fox Factory from $45.00 to $38.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. Robert W. Baird lowered their price objective on shares of Fox Factory from $32.00 to $25.00 and set a "neutral" rating for the company in a research note on Friday, April 4th. Stifel Nicolaus dropped their price objective on shares of Fox Factory from $40.00 to $34.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Finally, Truist Financial raised their target price on Fox Factory from $28.00 to $34.00 and gave the stock a "buy" rating in a research note on Wednesday, May 14th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $36.43.
Get Our Latest Stock Report on FOXF
Fox Factory Profile
(
Free Report)
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.
Recommended Stories
Before you consider Fox Factory, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fox Factory wasn't on the list.
While Fox Factory currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
