Fox Factory Holding CorpFOXF
FOXF
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
6% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 100
4% less funds holding
Funds holding: 271 [Q2] → 261 (-10) [Q3]
5.45% less ownership
Funds ownership: 112.88% [Q2] → 107.44% (-5.45%) [Q3]
18% less capital invested
Capital invested by funds: $2.26B [Q2] → $1.86B (-$405M) [Q3]
22% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 45
45% less call options, than puts
Call options by funds: $4.22M | Put options by funds: $7.65M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$36
21%
upside
Avg. target
$39
31%
upside
High target
$42
41%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Stifel Jim Duffy 64% 1-year accuracy 21 / 33 met price target | 34%upside $40 | Buy Upgraded | 11 Dec 2024 |
Roth MKM Scott Stember 64% 1-year accuracy 14 / 22 met price target | 21%upside $36 | Neutral Maintained | 1 Nov 2024 |
Truist Securities Michael Swartz 41% 1-year accuracy 20 / 49 met price target | 41%upside $42 | Buy Maintained | 1 Nov 2024 |
Baird Craig Kennison 39% 1-year accuracy 11 / 28 met price target | 27%upside $38 | Neutral Maintained | 1 Nov 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Fox Factory Holding (FOXF) Q3 Earnings: A Look at Key Metrics
The headline numbers for Fox Factory Holding (FOXF) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Neutral
Seeking Alpha
1 month ago
Fox Factory Holding Corp. (FOXF) Q3 2024 Earnings Conference Call Transcript
Start Time: 16:30 January 1, 0000 5:22 PM ET Fox Factory Holding Corp. (NASDAQ:FOXF ) Q3 2024 Earnings Call October 31, 2024, 16:30 PM ET Company Participants Michael Dennison - CEO Dennis Schemm - CFO and President, After Market Applications Group Toby Merchant - Chief Legal Officer, Chief Compliance Officer and Secretary Conference Call Participants Larry Solow - CJS Securities Anna Glaessgen - B. Riley Alex Perry - Bank of America Scott Stember - ROTH MKM Jim Duffy - Stifel Bret Jordan - Jefferies Craig Kennison - Baird Operator Good afternoon, ladies and gentlemen, and thank you for standing by.
Negative
Zacks Investment Research
1 month ago
Fox Factory Holding (FOXF) Q3 Earnings and Revenues Lag Estimates
Fox Factory Holding (FOXF) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $1.05 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Fox Factory Holding Corp. Reports Third Quarter Fiscal 2024 Financial Results
DULUTH, Ga., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX” or the “Company”), a premium brand and a global leader in the design, engineering and manufacturing of performance-defining products and systems for customers worldwide, today reported financial results for the third fiscal quarter ended September 27, 2024.
Neutral
GlobeNewsWire
3 months ago
Fox Factory Debuts First Team in Rebelle Rally 2024
DULUTH, Ga., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (Nasdaq: FOXF) announced it is fielding its first team to compete in the Rebelle Rally, the longest competitive off-road navigation rally in the United States and the first women's endurance off-road rally in America.
Neutral
GlobeNewsWire
3 months ago
Fox Factory Publishes 2023 Sustainability Report
DULUTH, Ga., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Fox Factory Holding Corp. (Nasdaq: FOXF) (the “Company”), a global leader in performance and adventure products, released its third annual sustainability report, detailing progress made over the last year.
Negative
Seeking Alpha
3 months ago
Fox Factory: Expected Outlook Downgrade, The Welcome Start Of Some Tough Management Actions
Management's revised outlook paints a much more realistic picture for the second half and derisks the investment case. Changes in management and contraction of the manufacturing footprint are concrete examples of the tough decisions required to improve margin performance. The Marucci acquisition (fairly criticized by me and others at the time) seems to be performing above expectations, even in the current environment, and that should be recognized.
Negative
Zacks Investment Research
4 months ago
New Strong Sell Stocks for August 6th
FOXF, CRGY and BZH have been added to the Zacks Rank #5 (Strong Sell) List on August 6, 2024.
Positive
Zacks Investment Research
4 months ago
GM vs. FOXF: Which Stock Is the Better Value Option?
Investors with an interest in Automotive - Domestic stocks have likely encountered both General Motors (GM) and Fox Factory Holding (FOXF). But which of these two companies is the best option for those looking for undervalued stocks?
Neutral
Seeking Alpha
4 months ago
Fox Factory Holding Corp (FOXF) Q2 2024 Earnings Call Transcript
Fox Factory Holding Corp (NASDAQ:FOXF ) Q2 2024 Results Conference Call August 1, 2024 4:30 PM ET Company Participants Toby Merchant - Chief Legal Officer, Chief Compliance Officer and Secretary Michael Dennison - Chief Executive Officer Dennis Schemm - Chief Financial Officer and Treasurer Conference Call Participants Larry Solow - CJS Securities Mike Swartz - Truist Securities Alex Perry - Bank of America Jim Duffy - Stifel Scott Stember - ROTH MKM Craig Kennison - Baird Operator Good afternoon, ladies and gentlemen. Thank you for standing by.
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