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 maximum price target given was 38, implying a possible profit of -1.43 percent. The most pessimistic analyst gave a price target of 30, implying potential capital losses of -22.18 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 3.61 percent in FY estimates.
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 revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, 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. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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.