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.
FOXF was given price targets by several analysts. The most optimistic analyst gave a price target of 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 1.43 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.61 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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.
Analysts estimate earnings of FOXF to grow at a rate of 27.22 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies 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. Currently the stock is 113.1 percent higher than its low, and 0.34 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.