Deep Dive Into Fox Factory Hldg Stock: Analyst Perspectives (4 Ratings)

During the last three months, 4 analysts shared their evaluations of Fox Factory Hldg FOXF, revealing diverse outlooks from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Fox Factory Hldg, presenting an average target of $54.0, a high estimate of $60.00, and a low estimate of $45.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 24.65%.

Exploring Analyst Ratings: An In-Depth Overview

The analysis of recent analyst actions sheds light on the perception of Fox Factory Hldg by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Fox Factory Hldg. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Fox Factory Hldg compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Fox Factory Hldg's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Fox Factory Hldg's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Fox Factory Hldg analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

All You Need to Know About Fox Factory Hldg

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.

Key Indicators: Fox Factory Hldg's Financial Health

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Challenges: Fox Factory Hldg's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -18.63%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: Fox Factory Hldg's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 1.22%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Fox Factory Hldg's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.33%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.21%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Fox Factory Hldg's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.62.

How Are Analyst Ratings Determined?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.