Fox Factory (FOXF) Stock Price, News & Analysis

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fox Factory in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FOXF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOXF, but not buy additional shares or sell existing shares.
View FOXF analyst ratings or view top-rated stocks.

5 brokerages have issued 12 month price targets for Fox Factory's stock. Their FOXF share price targets range from $55.00 to $90.00. On average, they anticipate the company's share price to reach $68.20 in the next twelve months. This suggests a possible upside of 68.4% from the stock's current price.
View analysts price targets for FOXF or view top-rated stocks among Wall Street analysts.

Fox Factory's stock was trading at $67.48 at the beginning of 2024. Since then, FOXF stock has decreased by 40.0% and is now trading at $40.49.
View the best growth stocks for 2024 here.

Fox Factory saw a increase in short interest in March. As of March 31st, there was short interest totaling 2,090,000 shares, an increase of 14.2% from the March 15th total of 1,830,000 shares. Based on an average daily volume of 620,700 shares, the short-interest ratio is currently 3.4 days. Approximately 5.0% of the company's stock are short sold.
View Fox Factory's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our FOXF earnings forecast.

Fox Factory will be holding an earnings conference call on Thursday, May 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Fox Factory Holding Corp. (NASDAQ:FOXF) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.34. The firm earned $332.50 million during the quarter, compared to analyst estimates of $327.07 million. Fox Factory had a net margin of 8.25% and a trailing twelve-month return on equity of 13.86%. Fox Factory's quarterly revenue was down 18.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.43 EPS.

ETFs with the largest weight of Fox Factory (NASDAQ:FOXF) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS) and BlackRock Future Innovators ETF (BFTR).Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).

Fox Factory updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of 0.170-0.270 for the period, compared to the consensus earnings per share estimate of 1.150. The company issued revenue guidance of $315.0 million-$350.0 million, compared to the consensus revenue estimate of $425.7 million.

8 employees have rated Fox Factory Chief Executive Officer Mike Dennison on Glassdoor.com. Mike Dennison has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fox Factory investors own include Advanced Micro Devices (AMD), Ciena (CIEN), NVIDIA (NVDA), Energy Transfer (ET), Bank of America (BAC), Pfizer (PFE), Applied Materials (AMAT), Cisco Systems (CSCO), Edwards Lifesciences (EW) and Intelsat (I).

Fox Factory's stock is owned by a number of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (5.86%), Norden Group LLC (0.68%), Azzad Asset Management Inc. ADV (0.11%), Partnership Wealth Management LLC (0.04%), Maryland State Retirement & Pension System (0.04%) and Brookstone Capital Management (0.02%). Insiders that own company stock include Christopher Tutton, Dudley W Mendenhall, Elizabeth A Fetter, Michael C Dennison, Paul Stecher, Richard T Winters, Thomas L Fletcher and Thomas L Fletcher.
View institutional ownership trends.

Shares of FOXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.