NASDAQ:FOXFFox Factory Stock Price, Forecast & News

Fox Factory's stock was trading at $54.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FOXF stock has increased by 51.2% and is now trading at $81.85. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fox Factory in the last year. There are currently 4 hold ratings and 2 buy ratings 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) announced its quarterly earnings data 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 firm had revenue of $184.40 million for 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%. Fox Factory's revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.55 earnings per share. View Fox Factory's earnings history.

Fox Factory updated its first quarter 2020 After-Hours earnings guidance on Thursday, April, 9th. The company provided 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.

6 brokerages have issued 1-year target prices for Fox Factory's shares. Their forecasts range from $56.00 to $90.00. On average, they expect Fox Factory's share price to reach $71.75 in the next year. This suggests that the stock has a possible downside of 12.3%. View analysts' price targets for Fox Factory.

News headlines about FOXF stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Fox Factory earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Fox Factory.

Fox Factory saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,410,000 shares, a decline of 13.5% from the May 31st total of 3,940,000 shares. Based on an average daily trading volume, of 429,500 shares, the days-to-cover ratio is currently 7.9 days. Approximately 9.0% of the company's stock are short sold. View Fox Factory's Current Options Chain.

Some companies that are related to Fox Factory include Magna International (MGA), Genuine Parts (GPC), NIO (NIO), CNH Industrial (CNHI), AISIN SEIKI CO/ADR (ASEKY), LKQ (LKQ), BorgWarner (BWA), RENAULT S A/ADR (RNLSY), ISUZU MOTORS LT/ADR (ISUZY), Lear (LEA), Gentex (GNTX), VALEO/S (VLEEY), AUTO TRADER GRP/ADR (ATDRY), Polaris Industries (PII) and Autoliv (ALV). 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."

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 $81.85.

Fox Factory has a market capitalization of $3.39 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]