Fox Factory (FOXF) Expected to Announce Quarterly Earnings on Thursday

Fox Factory (NASDAQ:FOXF) is expected to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $321.31 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Fox Factory Stock Performance

NASDAQ FOXF opened at $26.82 on Thursday. The company has a fifty day moving average price of $28.41 and a 200-day moving average price of $34.38. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 103.16, a PEG ratio of 1.42 and a beta of 1.58. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.21 and a quick ratio of 1.62. Fox Factory has a 1 year low of $25.17 and a 1 year high of $66.07.

Analyst Upgrades and Downgrades

FOXF has been the subject of a number of recent analyst reports. StockNews.com raised shares of Fox Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Roth Mkm decreased their price objective on shares of Fox Factory from $45.00 to $36.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Stifel Nicolaus raised Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research report on Wednesday, December 11th. Robert W. Baird decreased their price target on Fox Factory from $45.00 to $38.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Finally, Truist Financial decreased their target price on Fox Factory from $42.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $40.33.

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.