Fox Factory (NASDAQ:FOXF) Releases Earnings Results

Fox Factory (NASDAQ:FOXF) issued its quarterly earnings data on Thursday. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02, Zacks reports. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. Fox Factory updated its Q1 2025 guidance to 0.120-0.320 EPS and its FY 2025 guidance to 1.600-2.600 EPS.

Fox Factory Stock Performance

Shares of NASDAQ:FOXF opened at $25.48 on Friday. 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 $54.85. The firm has a market capitalization of $1.06 billion, a PE ratio of 98.00, a P/E/G ratio of 1.45 and a beta of 1.58. The business’s 50 day moving average price is $27.88 and its 200-day moving average price is $33.83.

Wall Street Analysts Forecast Growth

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

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.