Fox Factory Holding Corp (FOXF) Stock Up 1.77%: Is It a Good Investment?

Fox Factory Holding Corp [FOXF] stock is trading at $26.44, up 1.77%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FOXF shares have gain 1.19% over the last week, with a monthly amount drifted -9.39%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Fox Factory Holding Corp [NASDAQ: FOXF] stock has seen the most recent analyst activity on December 11, 2024, when Stifel upgraded its rating to a Buy but kept the price target unchanged to $40 for it. Previously, BofA Securities downgraded its rating to Neutral on February 23, 2024, and kept the price target unchanged to $55. On November 03, 2023, downgrade downgraded it’s rating to Hold. B. Riley Securities downgraded its rating to a Neutral but stick to its price target of $80 on November 03, 2023. B. Riley Securities initiated its recommendation with a Buy and recommended $125 as its price target on June 29, 2023. ROTH MKM started tracking with a Neutral rating for this stock on April 05, 2023, and assigned it a price target of $126. In a note dated August 05, 2022, Stifel upgraded an Buy rating on this stock and boosted its target price from $88 to $115.

Fox Factory Holding Corp [FOXF] stock has fluctuated between $25.17 and $54.85 over the past year. Currently, Wall Street analysts expect the stock to reach $93.33 within the next 12 months. Fox Factory Holding Corp [NASDAQ: FOXF] shares were valued at $26.44 at the most recent close of the market. An investor can expect a potential return of 252.99% based on the average FOXF price forecast.

Analyzing the FOXF fundamentals

Fox Factory Holding Corp [NASDAQ:FOXF] reported sales of 1.37B for the trailing twelve months, which represents a growth of 8.46%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.00 points at the first support level, and at 25.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.95, and for the 2nd resistance point, it is at 27.45.

Ratios To Look Out For

For context, Fox Factory Holding Corp’s Current Ratio is 3.21. Further, the Quick Ratio stands at 1.62, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 103.20.

Transactions by insiders

Recent insider trading involved FETTER ELIZABETH A, Director, that happened on Nov 25 ’24 when 600.0 shares were purchased. Former Officer, Fletcher Thomas L. completed a deal on Oct 01 ’24 to buy 1315.0 shares. Meanwhile, Officer Tutton Christopher bought 2000.0 shares on Aug 15 ’24.

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