Analyst Ratings for Fox Factory Holding Corp. (FOXF)Updated: 2017-07-28
An average rating of Overweight has been given to Fox Factory Holding Corp. (NASDAQ:FOXF) by analysts covering the stock. FOXF had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 3. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for FOXF. The most optimistic price target was 38, which equates to a potential upside of -1.43 percent. The lowest price target was 30, which equates to a potential downside of -22.18 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.43 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.61 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of FOXF's earnings is estimated by analysts to be 27.22 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. FOXF has a PEG ratio of 1.25.
In the trailing 52-weeks, FOXF hit 38.68 at the highest peak, while it's lowest trading point was 18.09. The current market price is above the trailing year's low by 113.1 percent, and below the high by 0.34 percent. FOXF has a price/earnings ratio of 34.12. Investors typically compare the P/E ratio to a company's peers in the industry. The FOXF value stock report compares FOXF to some of its peers using value stock charts. The stock has a market capitalization of $1.43 billion. FOXF is estimated to release their earnings results for the quarter on 0000-00-00, days from today.