Roth Capital Weighs in on Fox Factory Holding Corp.’s Q1 2025 Earnings (NASDAQ:FOXF)

Fox Factory Holding Corp. (NASDAQ:FOXF) – Research analysts at Roth Capital lowered their Q1 2025 earnings per share estimates for shares of Fox Factory in a note issued to investors on Monday, September 30th. Roth Capital analyst S. Stember now expects that the company will earn $0.45 per share for the quarter, down from their previous estimate of $0.50. The consensus estimate for Fox Factory’s current full-year earnings is $1.56 per share. Roth Capital also issued estimates for Fox Factory’s Q2 2025 earnings at $0.60 EPS and FY2025 earnings at $2.69 EPS.

Fox Factory (NASDAQ:FOXF) last posted its earnings results on Thursday, August 1st. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. The company had revenue of $348.49 million during the quarter, compared to analyst estimates of $346.22 million. Fox Factory had a return on equity of 7.66% and a net margin of 3.07%. Fox Factory’s revenue was down 13.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.21 earnings per share.

Other research analysts also recently issued reports about the company. Robert W. Baird dropped their target price on Fox Factory from $48.00 to $45.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. Truist Financial cut their price objective on shares of Fox Factory from $55.00 to $54.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Bank of America cut their price objective on Fox Factory from $53.00 to $43.00 and set a “neutral” rating on the stock in a report on Thursday, September 12th. Finally, B. Riley dropped their target price on Fox Factory from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $46.17.

Fox Factory Stock Down 0.9 %

Shares of Fox Factory stock opened at $41.11 on Wednesday. Fox Factory has a 52-week low of $34.56 and a 52-week high of $99.75. The firm’s 50 day moving average price is $41.89 and its 200-day moving average price is $44.68. The company has a quick ratio of 1.63, a current ratio of 3.13 and a debt-to-equity ratio of 0.61. The company has a market cap of $1.71 billion, a P/E ratio of 22.97, a PEG ratio of 2.92 and a beta of 1.63.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FOXF. Fifth Third Bancorp lifted its holdings in shares of Fox Factory by 26.5% in the 2nd quarter. Fifth Third Bancorp now owns 1,245 shares of the company’s stock valued at $60,000 after purchasing an additional 261 shares during the last quarter. Covestor Ltd increased its position in Fox Factory by 31.8% during the first quarter. Covestor Ltd now owns 1,518 shares of the company’s stock worth $79,000 after buying an additional 366 shares during the period. Texas Permanent School Fund Corp lifted its stake in Fox Factory by 1.1% in the first quarter. Texas Permanent School Fund Corp now owns 37,006 shares of the company’s stock valued at $1,927,000 after buying an additional 395 shares during the last quarter. ProShare Advisors LLC boosted its holdings in shares of Fox Factory by 4.7% in the first quarter. ProShare Advisors LLC now owns 9,737 shares of the company’s stock valued at $507,000 after acquiring an additional 440 shares during the period. Finally, Inspire Investing LLC grew its position in shares of Fox Factory by 7.9% during the second quarter. Inspire Investing LLC now owns 7,318 shares of the company’s stock worth $353,000 after acquiring an additional 533 shares during the last quarter.

Insider Buying and Selling

In related news, CEO Michael C. Dennison acquired 4,800 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were acquired at an average price of $41.44 per share, with a total value of $198,912.00. Following the completion of the transaction, the chief executive officer now owns 135,066 shares of the company’s stock, valued at $5,597,135.04. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.30% of the stock is owned by corporate insiders.

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.