Fox Factory Holding Corp. (NASDAQ:FOXF) Given Consensus Rating of “Hold” by Brokerages

Shares of Fox Factory Holding Corp. (NASDAQ:FOXF – Get Free Report) have been given a consensus recommendation of “Hold” by the six brokerages that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price [...]

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Shares of Fox Factory Holding Corp. ( NASDAQ:FOXF – Get Free Report ) have been given a consensus recommendation of “Hold” by the six brokerages that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $46.17. A number of equities research analysts recently commented on 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 report on Friday, August 2nd. B. Riley dropped their price objective on shares of Fox Factory from $50.

00 to $45.00 and set a “neutral” rating on the stock in a report 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 research note on Friday, August 2nd. Finally, Bank of America decreased their target price on shares of Fox Factory from $53.

00 to $43.00 and set a “neutral” rating for the company in a research report on Thursday, September 12th. Check Out Our Latest Stock Report on FOXF Insider Activity at Fox Factory Hedge Funds Weigh In On Fox Factory A number of hedge funds have recently bought and sold shares of FOXF.

Quest Partners LLC acquired a new position in shares of Fox Factory during the 4th quarter worth approximately $31,000. YHB Investment Advisors Inc. acquired a new stake in shares of Fox Factory in the first quarter valued at about $42,000.

TFO Wealth Partners LLC increased its stake in shares of Fox Factory by 14,180.0% during the fourth quarter. TFO Wealth Partners LLC now owns 714 shares of the company’s stock worth $48,000 after purchasing an additional 709 shares in the last quarter.

Fifth Third Bancorp lifted its stake in 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 buying an additional 261 shares in the last quarter.

Finally, Covestor Ltd boosted its holdings in Fox Factory by 31.8% in the 1st quarter. Covestor Ltd now owns 1,518 shares of the company’s stock worth $79,000 after buying an additional 366 shares during the last quarter.

Fox Factory Price Performance Shares of NASDAQ FOXF opened at $41.81 on Friday. Fox Factory has a fifty-two week low of $34.

56 and a fifty-two week high of $100.82. The company has a debt-to-equity ratio of 0.

61, a quick ratio of 1.63 and a current ratio of 3.13.

The company has a market cap of $1.74 billion, a PE ratio of 23.36, a P/E/G ratio of 2.

92 and a beta of 1.63. The business has a 50-day simple moving average of $42.

01 and a two-hundred day simple moving average of $44.77. Fox Factory ( NASDAQ:FOXF – Get Free Report ) last released its earnings results on Thursday, August 1st.

The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.

03. The company had revenue of $348.49 million for the quarter, compared to the consensus estimate of $346.

22 million. Fox Factory had a net margin of 3.07% and a return on equity of 7.

66%. Fox Factory’s revenue was down 13.0% compared to the same quarter last year.

During the same quarter in the previous year, the firm earned $1.21 EPS. As a group, equities analysts expect that Fox Factory will post 1.

56 EPS for the current fiscal year. Fox Factory Company Profile ( Get Free Report 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. Recommended Stories Five stocks we like better than Fox Factory How to Capture the Benefits of Dividend Increases CarMax’s Impressive Rally: What Investors Should Watch Next ETF Screener: Uses and Step-by-Step Guide MarketBeat Week in Review – 9/23 – 9/27 3 Warren Buffett Stocks to Buy Now Wake Up to This Biotech Stock That Still Has Big Potential Upside 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 .

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