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NASDAQ:FOXF

Fox Factory (FOXF) Stock Price, News & Analysis

$43.01
-0.36 (-0.83%)
(As of 09/20/2024 ET)

About Fox Factory Stock (NASDAQ:FOXF)

Key Stats

Today's Range
$42.50
$44.00
50-Day Range
$35.85
$53.39
52-Week Range
$34.56
$100.82
Volume
1.15 million shs
Average Volume
598,733 shs
Market Capitalization
$1.79 billion
P/E Ratio
24.03
Dividend Yield
N/A
Price Target
$46.17
Consensus Rating
Hold

Company Overview

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. It also provides suspension tuning services, as well as wheels, off-road tires and accessories. In addition, the company offers mountain and gravel bike wheels, and other performance cycling components, including cranks, chainrings, pedals, bars, stems, and seat posts, as well as baseball and softball products comprising metal bats, wood bats, apparel and accessories, batting gloves, fielding gloves, and bags and protective equipment under the Marucci brand. The company serves aftermarket applications products under the BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4x4 Posi-Lok, Ridetech, Tuscany, Outside Van, SCA, and Custom Wheel House brands; and mountain bikes, e-bikes, and gravel bikes under the FOX, Race Face, Easton Cycling, and Marzocchi brands. Fox Factory Holding Corp. was incorporated in 2007 and is based in Duluth, Georgia.

Fox Factory Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 33rd Percentile

Fox Factory scored higher than 33% of companies evaluated by MarketBeat, and ranked 66th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Fox Factory has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Fox Factory has only been the subject of 4 research reports in the past 90 days.

  • Read more about Fox Factory's stock forecast and price target.
  • Earnings Growth

    Earnings for Fox Factory are expected to grow by 76.28% in the coming year, from $1.56 to $2.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Fox Factory is 24.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Fox Factory is 24.03, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.21.

  • Price to Earnings Growth Ratio

    Fox Factory has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Fox Factory has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Fox Factory's valuation and earnings.
  • Percentage of Shares Shorted

    8.36% of the float of Fox Factory has been sold short.
  • Short Interest Ratio / Days to Cover

    Fox Factory has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Fox Factory has recently decreased by 9.19%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Fox Factory does not currently pay a dividend.

  • Dividend Growth

    Fox Factory does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.36% of the float of Fox Factory has been sold short.
  • Short Interest Ratio / Days to Cover

    Fox Factory has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Fox Factory has recently decreased by 9.19%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Fox Factory has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Fox Factory this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for FOXF on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Fox Factory insiders have bought more of their company's stock than they have sold. Specifically, they have bought $198,912.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.30% of the stock of Fox Factory is held by insiders.

  • Read more about Fox Factory's insider trading history.
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FOXF Stock News Headlines

Fox Factory Debuts First Team in Rebelle Rally 2024
Fox Factory Holding Corp. (NASDAQ:FOXF) Sees Large Drop in Short Interest
Are You Ready for a Small-Cap Rally?
Jeff Bezos has just made a bold move into Quantum Computing as a Service (QaaS), a technology set to disrupt industries worth over $46 trillion. What's even more intriguing?
Fox Factory (NASDAQ:FOXF) PT Lowered to $43.00 at Bank of America
Fear Factory
See More Headlines

FOXF Stock Analysis - Frequently Asked Questions

Fox Factory's stock was trading at $67.48 on January 1st, 2024. Since then, FOXF shares have decreased by 36.3% and is now trading at $43.01.
View the best growth stocks for 2024 here
.

Fox Factory Holding Corp. (NASDAQ:FOXF) posted its earnings results on Thursday, August, 1st. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03. Fox Factory's quarterly revenue was down 13.0% on a year-over-year basis.

Fox Factory's top institutional investors include Kayne Anderson Rudnick Investment Management LLC (9.96%), Pacer Advisors Inc. (3.81%), Conestoga Capital Advisors LLC (2.72%) and William Blair Investment Management LLC (2.66%). Insiders that own company stock include Michael C Dennison, Paul Stecher, Christopher Tutton, Thomas L Fletcher, Dudley W Mendenhall and Elizabeth A Fetter.
View institutional ownership trends
.

Shares of FOXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Fox Factory investors own include Advanced Micro Devices (AMD), Ciena (CIEN), NVIDIA (NVDA), Energy Transfer (ET), Bank of America (BAC), Pfizer (PFE) and Applied Materials (AMAT).

Company Calendar

Last Earnings
8/01/2024
Today
9/20/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motorcycles, bicycles, & parts
Sub-Industry
Consumer Goods
Current Symbol
NASDAQ:FOXF
Employees
4,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.17
High Stock Price Target
$54.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+7.3%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$120.85 million
Pretax Margin
2.97%

Debt

Sales & Book Value

Annual Sales
$1.35 billion
Cash Flow
$6.68 per share
Book Value
$28.83 per share

Miscellaneous

Free Float
41,491,000
Market Cap
$1.79 billion
Optionable
Optionable
Beta
1.63
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This page (NASDAQ:FOXF) was last updated on 9/20/2024 by MarketBeat.com Staff
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