Fox Factory (FOXF) Projected to Post Quarterly Earnings on Thursday

Fox Factory (NASDAQ:FOXF - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Fox Factory to post earnings of $0.22 per share and revenue of $330.71 million for the quarter. Fox Factory has set its Q1 2025 guidance at 0.120-0.320 EPS and its FY 2025 guidance at 1.600-2.600 EPS.

Fox Factory (NASDAQ:FOXF - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. The firm had revenue of $352.84 million during the quarter, compared to analysts' expectations of $321.31 million. Fox Factory had a net margin of 0.78% and a return on equity of 5.23%. On average, analysts expect Fox Factory to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fox Factory Stock Performance

Shares of NASDAQ FOXF traded down $0.87 during midday trading on Tuesday, hitting $20.17. 648,135 shares of the company's stock were exchanged, compared to its average volume of 606,502. Fox Factory has a twelve month low of $17.95 and a twelve month high of $54.86. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.21 and a quick ratio of 1.62. The firm has a market cap of $841.12 million, a P/E ratio of 77.56, a PEG ratio of 1.45 and a beta of 1.54. The stock's 50 day moving average price is $22.75 and its 200-day moving average price is $27.78.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FOXF. Robert W. Baird reduced their price objective on shares of Fox Factory from $32.00 to $25.00 and set a "neutral" rating for the company in a report on Friday, April 4th. Stifel Nicolaus decreased their price objective on shares of Fox Factory from $40.00 to $34.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Truist Financial cut their target price on Fox Factory from $40.00 to $24.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Jefferies Financial Group lowered their price target on Fox Factory from $45.00 to $38.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Fox Factory presently has a consensus rating of "Hold" and an average target price of $35.00.

About Fox Factory

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.