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 maximum price target given was 38, implying potential capital gains of -1.43 percent. The most pessimistic analyst gave a price target of 30, implying potential capital losses of -22.18 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.43 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of FOXF's earnings is estimated by analysts to be 27.22 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of FOXF is 1.25.
FOXF has traded between a high of 38.68 and a low of 18.09 over the past year. Today's price is 113.1 percent above the 52-week low, 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.