The stock of Fox Factory Holding Corp (FOXF) has seen a 3.18% increase in the past week, with a 7.12% gain in the past month, and a 27.88% flourish in the past quarter. The volatility ratio for the week is 5.44%, and the volatility levels for the past 30 days are at 4.19% for FOXF. The simple moving average for the past 20 days is 6.55% for FOXF’s stock, with a -11.10% simple moving average for the past 200 days.
Is It Worth Investing in Fox Factory Holding Corp (NASDAQ: FOXF) Right Now?
The price-to-earnings ratio for Fox Factory Holding Corp (NASDAQ: FOXF) is above average at 28.69x. The 36-month beta value for FOXF is also noteworthy at 1.66. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for FOXF is 41.32M, and at present, short sellers hold a 8.50% of that float. The average trading volume of FOXF on July 26, 2024 was 625.32K shares.
FOXF) stock’s latest price update
The stock price of Fox Factory Holding Corp (NASDAQ: FOXF) has jumped by 9.80 compared to previous close of 46.45. Despite this, the company has seen a gain of 3.18% in its stock price over the last five trading days. zacks.com reported 2024-07-19 that Investors looking for stocks in the Automotive – Domestic sector might want to consider either General Motors (GM) or Fox Factory Holding (FOXF). But which of these two companies is the best option for those looking for undervalued stocks?
Analysts’ Opinion of FOXF
Many brokerage firms have already submitted their reports for FOXF stocks, with BofA Securities repeating the rating for FOXF by listing it as a “Neutral.” The predicted price for FOXF in the upcoming period, according to BofA Securities is $55 based on the research report published on February 23, 2024 of the current year 2024.
B. Riley Securities gave a rating of “Neutral” to FOXF, setting the target price at $80 in the report published on November 03rd of the previous year.
FOXF Trading at 8.07% from the 50-Day Moving Average
After a stumble in the market that brought FOXF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.66% of loss for the given period.
Volatility was left at 4.19%, however, over the last 30 days, the volatility rate increased by 5.44%, as shares surge +5.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.74% upper at present.
During the last 5 trading sessions, FOXF rose by +3.18%, which changed the moving average for the period of 200-days by -46.84% in comparison to the 20-day moving average, which settled at $48.01. In addition, Fox Factory Holding Corp saw -24.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FOXF starting from DENNISON MICHAEL C., who purchase 11,250 shares at the price of $44.30 back on Jun 10 ’24. After this action, DENNISON MICHAEL C. now owns 130,266 shares of Fox Factory Holding Corp, valued at $498,375 using the latest closing price.
Fletcher Thomas L., the (A) of Fox Factory Holding Corp, sale 2,000 shares at $44.41 during a trade that took place back on Jun 10 ’24, which means that Fletcher Thomas L. is holding 11,311 shares at $88,820 based on the most recent closing price.
Stock Fundamentals for FOXF
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.3 for the gross margin
The net margin for Fox Factory Holding Corp stands at 0.05. The total capital return value is set at 0.06. Equity return is now at value 6.41, with 3.71 for asset returns.
Based on Fox Factory Holding Corp (FOXF), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 4.13.
Currently, EBITDA for the company is 216.59 million with net debt to EBITDA at 4.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.03. The receivables turnover for the company is 8.47for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.43.
Conclusion
In summary, Fox Factory Holding Corp (FOXF) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
