Fox Factory (NASDAQ:FOXF) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.66-1.84 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.75. The company issued revenue guidance of $542-570 million, compared to the consensus revenue estimate of $554.83 million.Fox Factory also updated its Q1 guidance to $0.30-0.35 EPS.
Fox Factory (NASDAQ:FOXF) traded down $1.55 during trading hours on Tuesday, hitting $38.65. 236,804 shares of the stock traded hands, compared to its average volume of 184,150. The company has a market cap of $1,450.00, a price-to-earnings ratio of 29.73, a P/E/G ratio of 1.55 and a beta of 0.56. The company has a quick ratio of 1.41, a current ratio of 2.48 and a debt-to-equity ratio of 0.26. Fox Factory has a 12 month low of $25.74 and a 12 month high of $46.80.
A number of analysts have commented on the stock. BidaskClub upgraded shares of Fox Factory from a sell rating to a hold rating in a research note on Tuesday, February 13th. Zacks Investment Research upgraded shares of Fox Factory from a hold rating to a buy rating and set a $42.00 price target for the company in a research note on Wednesday, January 10th. ValuEngine lowered shares of Fox Factory from a buy rating to a hold rating in a research note on Friday, December 1st. Finally, Stifel Nicolaus restated a hold rating on shares of Fox Factory in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $39.43.
WARNING: This piece was posted by Ticker Report and is the property of of Ticker Report. If you are viewing this piece on another site, it was copied illegally and republished in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3226444/fox-factory-foxf-issues-fy18-earnings-guidance.html.
About Fox Factory
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.
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.