Equities analysts forecast that Fox Factory Holding Corp (NASDAQ:FOXF) will report earnings of $0.62 per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Fox Factory’s earnings, with the lowest EPS estimate coming in at $0.60 and the highest estimate coming in at $0.64. Fox Factory posted earnings per share of $0.58 during the same quarter last year, which would suggest a positive year-over-year growth rate of 6.9%. The company is expected to issue its next earnings results on Tuesday, February 25th.
On average, analysts expect that Fox Factory will report full year earnings of $2.69 per share for the current fiscal year, with EPS estimates ranging from $2.66 to $2.70. For the next year, analysts anticipate that the business will report earnings of $2.95 per share, with EPS estimates ranging from $2.80 to $3.08. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Fox Factory.
Several research firms have weighed in on FOXF. SunTrust Banks raised their price target on Fox Factory to $68.00 and gave the stock a “hold” rating in a research report on Thursday, October 31st. BidaskClub downgraded Fox Factory from a “buy” rating to a “hold” rating in a research report on Saturday, February 1st. ValuEngine raised Fox Factory from a “sell” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Zacks Investment Research downgraded Fox Factory from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. Six analysts have rated the stock with a hold rating, Fox Factory currently has an average rating of “Hold” and a consensus price target of $74.50.
Fox Factory stock opened at $75.28 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.64 and a current ratio of 2.92. The stock has a fifty day moving average of $69.05 and a two-hundred day moving average of $67.63. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 28.86, a PEG ratio of 1.58 and a beta of 1.40. Fox Factory has a fifty-two week low of $58.40 and a fifty-two week high of $86.91.
Fox Factory Company Profile
Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers front fork and rear suspension products for mountain bikes and road bikes; and powered vehicle products for side-by-side vehicles, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, and motorcycles.
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