NASDAQ:FOXFFox Factory Stock Price, Forecast & News

Fox Factory's stock was trading at $54.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FOXF shares have increased by 39.8% and is now trading at $75.68. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fox Factory in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Fox Factory.

Fox Factory is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Fox Factory.

Fox Factory Holding Corp (NASDAQ:FOXF) issued its quarterly earnings results on Wednesday, May, 6th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.03. The business earned $184.40 million during the quarter, compared to the consensus estimate of $180.72 million. Fox Factory had a net margin of 10.75% and a return on equity of 26.03%. The firm's quarterly revenue was up 14.0% on a year-over-year basis. During the same period last year, the firm posted $0.55 earnings per share. View Fox Factory's earnings history.

Fox Factory issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, April, 9th. The company provided earnings per share (EPS) guidance of 0.55-0.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.57. The company issued revenue guidance of $182 million, compared to the consensus revenue estimate of $182.28 million.

5 analysts have issued 1 year target prices for Fox Factory's shares. Their forecasts range from $56.00 to $76.00. On average, they expect Fox Factory's stock price to reach $67.25 in the next year. This suggests that the stock has a possible downside of 11.1%. View analysts' price targets for Fox Factory.

Media headlines about FOXF stock have trended somewhat positive on Thursday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fox Factory earned a news impact score of 1.6 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutFox Factory.

Fox Factory saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,740,000 shares, an increase of 29.4% from the April 30th total of 2,890,000 shares. Based on an average daily volume of 360,500 shares, the days-to-cover ratio is presently 10.4 days. Approximately 9.8% of the shares of the company are short sold. View Fox Factory's Current Options Chain.

Some companies that are related to Fox Factory include AISIN SEIKI CO/ADR (ASEKY), LKQ (LKQ), CNH Industrial (CNHI), WABCO (WBC), Lear (LEA), BorgWarner (BWA), ISUZU MOTORS LT/ADR (ISUZY), Gentex (GNTX), AUTO TRADER GRP/ADR (ATDRY), Autoliv (ALV), VALEO/S (VLEEY), Dongfeng Motor Group (DNFGY), RENAULT S A/ADR (RNLSY), Polaris Industries (PII) and IAA (IAA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fox Factory investors own include Bank of America (BAC), Intelsat (I), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Ciena (CIEN), NVIDIA (NVDA), AMC Entertainment (AMC), Ford Motor (F), Fossil Group (FOSL) and Netflix (NFLX).

Fox Factory trades on the NASDAQ under the ticker symbol "FOXF."

Fox Factory's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.28%), Clearbridge Investments LLC (4.17%), Conestoga Capital Advisors LLC (4.14%), ArrowMark Colorado Holdings LLC (3.33%), Van Berkom & Associates Inc. (3.05%) and State Street Corp (2.94%). Company insiders that own Fox Factory stock include Christopher Tutton, Dudley W Mendenhall, Larry L Enterline, Michael C Dennison, Thomas Michael Wittenschlaeger, Wesley E Allinger, William H Katherman and Zvi Glasman. View institutional ownership trends for Fox Factory.

FOXF stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Eagle Asset Management Inc., Lord Abbett & CO. LLC, Peregrine Capital Management LLC, BlackRock Inc., Wells Fargo & Company MN, Morgan Stanley, and Morgan Stanley. Company insiders that have sold Fox Factory company stock in the last year include Christopher Tutton, Larry L Enterline, and Zvi Glasman. View insider buying and selling activity for Fox Factory.

FOXF stock was acquired by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Van Berkom & Associates Inc., Waddell & Reed Financial Inc., Ziegler Capital Management LLC, JPMorgan Chase & Co., Loomis Sayles & Co. L P, Aviva PLC, and State Street Corp. View insider buying and selling activity for Fox Factory.

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

One share of FOXF stock can currently be purchased for approximately $75.68.

Fox Factory has a market capitalization of $2.92 billion and generates $751.02 million in revenue each year. The company earns $93.03 million in net income (profit) each year or $2.72 on an earnings per share basis. Fox Factory employs 2,600 workers across the globe.

The official website for Fox Factory is www.ridefox.com.

Fox Factory's mailing address is 6634 Highway 53, Braselton GA, 30517. The company can be reached via phone at 831-274-6500 or via email at [email protected]