Fox Factory (NASDAQ:FOXF – Get Free Report) will announce its earnings results after the market closes on Thursday, October 31st. Analysts expect Fox Factory to post earnings of $0.42 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Fox Factory (NASDAQ:FOXF – Get Free Report) 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. Fox Factory had a net margin of 3.07% and a return on equity of 7.66%. The business had revenue of $348.49 million for the quarter, compared to analyst estimates of $346.22 million. During the same quarter in the prior year, the firm posted $1.21 EPS. Fox Factory’s revenue was down 13.0% on a year-over-year basis. On average, analysts expect Fox Factory to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Fox Factory Stock Down 1.0 %
Shares of NASDAQ:FOXF opened at $37.02 on Thursday. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 2.67 and a beta of 1.64. Fox Factory has a one year low of $34.56 and a one year high of $86.33. The firm has a fifty day moving average price of $40.05 and a two-hundred day moving average price of $43.60. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.13 and a quick ratio of 1.63.
Insiders Place Their Bets
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Truist Financial decreased their target price on Fox Factory from $55.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Robert W. Baird lowered their target price on shares of Fox Factory from $48.00 to $45.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. B. Riley lowered their price objective on shares of Fox Factory from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Finally, Bank of America lowered their price target on Fox Factory from $53.00 to $43.00 and set a “neutral” rating on the stock in a research report on Thursday, September 12th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Fox Factory currently has an average rating of “Hold” and an average price target of $46.17.
Read Our Latest Stock Analysis on Fox Factory
Fox Factory Company Profile
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.
Further Reading
- Five stocks we like better than Fox Factory
- What is the S&P/TSX Index?
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- Insider Trading – What You Need to Know
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- Profitably Trade Stocks at 52-Week Highs
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Fox Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fox Factory and related companies with MarketBeat.com's FREE daily email newsletter.