Fox Factory (FOXF) Expected to Announce Earnings on Thursday

Fox Factory (NASDAQ:FOXF - Get Free Report) is expected to post its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Fox Factory to post earnings of $0.29 per share and revenue of $321.31 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Fox Factory Stock Down 2.0 %

Shares of NASDAQ FOXF traded down $0.53 during midday trading on Friday, reaching $25.95. 472,800 shares of the company's stock traded hands, compared to its average volume of 464,738. The company has a quick ratio of 1.62, a current ratio of 3.21 and a debt-to-equity ratio of 0.62. The stock's 50 day simple moving average is $28.19 and its 200-day simple moving average is $34.22. Fox Factory has a one year low of $25.17 and a one year high of $65.49. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 99.81, a P/E/G ratio of 1.47 and a beta of 1.58.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. StockNews.com upgraded shares of Fox Factory from a "sell" rating to a "hold" rating in a research note on Thursday, November 28th. 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 report on Tuesday, January 7th. Robert W. Baird decreased their target price 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. Roth Mkm decreased their target price on shares of Fox Factory from $45.00 to $36.00 and set a "neutral" rating for the company in a research report on Friday, November 1st. Finally, Stifel Nicolaus raised shares of Fox Factory from a "hold" rating to a "buy" rating and set a $40.00 target price for the company in a research report on Wednesday, December 11th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Fox Factory presently has a consensus rating of "Hold" and a consensus target price 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.