Fox Factory Holding Corp [FOXF] stock prices are up 1.54% to $24.98 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The FOXF shares have gain 2.76% over the last week, with a monthly amount glided 21.32%, and 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.
The stock price of Fox Factory Holding Corp [FOXF] has been fluctuating between $17.95 and $54.85 over the past year. Currently, Wall Street analysts expect the stock to reach $36 within the next 12 months. Fox Factory Holding Corp [NASDAQ: FOXF] shares were valued at $24.98 at the most recent close of the market. An investor can expect a potential return of 44.12% based on the average FOXF price forecast.
Analyzing the FOXF fundamentals
The Fox Factory Holding Corp [NASDAQ:FOXF] reported sales of 1.42B for trailing twelve months, representing a surge of 6.46%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.22 and Total Capital is -0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
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 24.58 points at the first support level, and at 24.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.27, and for the 2nd resistance point, it is at 25.57.
Ratios To Look Out For
It’s worth pointing out that Fox Factory Holding Corp [NASDAQ:FOXF]’s Current Ratio is 3.18. On the other hand, the Quick Ratio is 1.36, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 1.11.
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.
