Fox Factory Holding CorpFOXF
Market Cap: $1.6B
About: Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used predominantly on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North America and also has a presence in Asia, Europe, and the Rest of the World.
Employees: 4,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
11% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 93
6.79% more ownership
Funds ownership: 104.29% [Q1] → 111.08% (+6.79%) [Q2]
10% more call options, than puts
Call options by funds: $5.86M | Put options by funds: $5.33M
2% less capital invested
Capital invested by funds: $2.28B [Q1] → $2.23B (-$52.4M) [Q2]
6% less funds holding
Funds holding: 287 [Q1] → 271 (-16) [Q2]
28% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 57
100% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
B. Riley Securities Anna Glaessgen 14% 1-year accuracy 1 / 7 met price target | 17%upside $45 | Neutral Maintained | 2 Aug 2024 |
Baird Craig Kennison 69% 1-year accuracy 18 / 26 met price target | 17%upside $45 | Neutral Maintained | 2 Aug 2024 |
Truist Securities Michael Swartz 44% 1-year accuracy 27 / 61 met price target | 41%upside $54 | Buy Maintained | 2 Aug 2024 |
Truist Securities Michael Swartz 44% 1-year accuracy 27 / 61 met price target | 43%upside $55 | Buy Maintained | 13 Jun 2024 |