Fox Factory (NASDAQ:FOXF) Releases FY 2025 Earnings Guidance

Fox Factory (NASDAQ:FOXF - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.600-2.600 for the period, compared to the consensus EPS estimate of 1.960. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Fox Factory also updated its Q1 2025 guidance to 0.120-0.320 EPS.

Fox Factory Price Performance

FOXF stock traded down $0.48 during trading hours on Monday, hitting $27.25. 818,106 shares of the stock traded hands, compared to its average volume of 515,673. The stock has a 50-day simple moving average of $27.84 and a 200 day simple moving average of $33.66. Fox Factory has a one year low of $25.17 and a one year high of $54.85. The company has a market cap of $1.14 billion, a P/E ratio of 104.81, a P/E/G ratio of 1.45 and a beta of 1.58. The company has a current ratio of 3.21, a quick ratio of 1.62 and a debt-to-equity ratio of 0.62.

Fox Factory (NASDAQ:FOXF - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.02. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The business had revenue of $352.84 million during the quarter, compared to analysts' expectations of $321.31 million. Equities analysts forecast that Fox Factory will post 1.31 earnings per share for the current year.

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Analyst Ratings Changes

A number of equities analysts recently weighed in on FOXF shares. Robert W. Baird decreased their price target on Fox Factory from $38.00 to $32.00 and set a "neutral" rating for the company in a research report on Friday. Jefferies Financial Group decreased their price target on Fox Factory from $45.00 to $38.00 and set a "buy" rating for the company in a research report on Friday. StockNews.com upgraded Fox Factory from a "sell" rating to a "hold" rating in a research report on Thursday, November 28th. Truist Financial reduced their price objective on Fox Factory from $42.00 to $40.00 and set a "buy" rating for the company in a research note on Tuesday, January 7th. Finally, Stifel Nicolaus raised Fox Factory from a "hold" rating to a "buy" rating and set a $40.00 price objective for the company in a research note on Wednesday, December 11th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $39.14.

About Fox Factory

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.