Wall Street analysts forecast that Fox Factory Holding Corp (NASDAQ:FOXF) will post earnings of $0.33 per share for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Fox Factory’s earnings. The lowest EPS estimate is $0.32 and the highest is $0.34. Fox Factory posted earnings of $0.32 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 3.1%. The business is expected to issue its next quarterly earnings report on Wednesday, March 7th.

According to Zacks, analysts expect that Fox Factory will report full-year earnings of $1.53 per share for the current year, with EPS estimates ranging from $1.52 to $1.54. For the next financial year, analysts expect that the business will report earnings of $1.74 per share, with EPS estimates ranging from $1.67 to $1.78. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that cover Fox Factory.

Fox Factory (NASDAQ:FOXF) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.02. The company had revenue of $127.40 million during the quarter, compared to analysts’ expectations of $123.02 million. Fox Factory had a return on equity of 28.25% and a net margin of 10.76%. Fox Factory’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.44 earnings per share.

Several research analysts recently commented on the company. BidaskClub cut Fox Factory from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 11th. Zacks Investment Research raised Fox Factory from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Wednesday, January 10th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $44.00 target price on shares of Fox Factory in a research report on Sunday, December 3rd. ValuEngine cut Fox Factory from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Bank of America raised their target price on Fox Factory from $42.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $39.00.

In other Fox Factory news, CEO Larry L. Enterline sold 75,000 shares of the stock in a transaction on Friday, December 15th. The stock was sold at an average price of $38.08, for a total transaction of $2,856,000.00. Following the completion of the transaction, the chief executive officer now directly owns 124,934 shares in the company, valued at $4,757,486.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Zvi Glasman sold 10,000 shares of the stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $39.37, for a total value of $393,700.00. Following the transaction, the chief financial officer now owns 160,331 shares of the company’s stock, valued at $6,312,231.47. The disclosure for this sale can be found here. Insiders have sold 100,000 shares of company stock valued at $3,845,500 over the last quarter. Corporate insiders own 21.40% of the company’s stock.

Several large investors have recently made changes to their positions in the company. KAMES CAPITAL plc increased its stake in shares of Fox Factory by 80.2% in the fourth quarter. KAMES CAPITAL plc now owns 845,467 shares of the company’s stock valued at $32,804,000 after buying an additional 376,364 shares in the last quarter. Neuberger Berman Group LLC increased its stake in shares of Fox Factory by 187.3% in the third quarter. Neuberger Berman Group LLC now owns 1,144,537 shares of the company’s stock valued at $49,330,000 after buying an additional 746,191 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of Fox Factory by 65.5% in the third quarter. California Public Employees Retirement System now owns 25,152 shares of the company’s stock valued at $1,084,000 after buying an additional 9,952 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Fox Factory by 10.1% in the third quarter. Janus Henderson Group PLC now owns 369,941 shares of the company’s stock valued at $15,944,000 after buying an additional 34,052 shares in the last quarter. Finally, Polen Capital Management LLC acquired a new stake in shares of Fox Factory in the third quarter valued at $225,000. Institutional investors own 97.78% of the company’s stock.

Fox Factory (NASDAQ:FOXF) opened at $39.60 on Wednesday. The company has a market capitalization of $1,481.03, a price-to-earnings ratio of 30.70, a P/E/G ratio of 1.55 and a beta of 0.62. Fox Factory has a 12-month low of $25.25 and a 12-month high of $46.80. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.48 and a quick ratio of 1.41.

ILLEGAL ACTIVITY NOTICE: “” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/3142576/3142576.html.

Fox Factory Company Profile

Fox Factory Holding Corp. is engaged in the manufacturing, sale and service of ride dynamics products. The Company’s products fall into two categories: bikes, and powered vehicles, including side-by-sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles.

Get a free copy of the Zacks research report on Fox Factory (FOXF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Fox Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fox Factory and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.