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, which equates to a potential upside of -1.43 percent. The lowest price target was 30, implying a possible loss 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. 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.
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, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of FOXF to grow at a rate of 27.22 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 P/E 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.