Fox Factory Holding Corp. Expected to Post Q1 2025 Earnings of $0.45 Per Share (NASDAQ:FOXF)

Fox Factory Holding Corp. (NASDAQ:FOXF) – Analysts at Roth Capital dropped their Q1 2025 earnings per share estimates for Fox Factory in a report issued on Monday, September 30th. Roth Capital analyst S. Stember now forecasts that the company will post earnings of $0.45 per share for the quarter, down from their previous estimate of $0.50. The consensus estimate for Fox Factory’s current full-year earnings is $1.56 per share. Roth Capital also issued estimates for Fox Factory’s Q2 2025 earnings at $0.60 EPS and FY2025 earnings at $2.69 EPS.

Several other equities analysts have also commented on the company. Truist Financial reduced their price target on Fox Factory from $55.00 to $54.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Robert W. Baird decreased their target price on shares of Fox Factory from $48.00 to $45.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. B. Riley cut their price objective on shares of Fox Factory from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. Finally, Bank of America lowered their target price on Fox Factory from $53.00 to $43.00 and set a “neutral” rating for the company in a research note on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Fox Factory presently has an average rating of “Hold” and a consensus price target of $46.17.

Fox Factory Price Performance

Fox Factory stock opened at $41.11 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.63 and a current ratio of 3.13. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 2.92 and a beta of 1.63. The firm has a 50 day moving average price of $41.89 and a 200 day moving average price of $44.68. Fox Factory has a 1 year low of $34.56 and a 1 year high of $99.75.

Fox Factory (NASDAQ:FOXF) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. The company had revenue of $348.49 million during the quarter, compared to analysts’ expectations of $346.22 million. Fox Factory had a return on equity of 7.66% and a net margin of 3.07%. The business’s revenue for the quarter was down 13.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.21 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund increased its position in Fox Factory by 73.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 64,200 shares of the company’s stock worth $3,094,000 after acquiring an additional 27,200 shares during the period. Ariadne Wealth Management LP acquired a new stake in Fox Factory in the 2nd quarter worth $512,000. Truist Financial Corp increased its holdings in shares of Fox Factory by 95.2% during the 2nd quarter. Truist Financial Corp now owns 19,753 shares of the company’s stock worth $952,000 after purchasing an additional 9,632 shares during the period. Creative Planning raised its position in shares of Fox Factory by 117.5% during the second quarter. Creative Planning now owns 9,053 shares of the company’s stock valued at $436,000 after buying an additional 4,890 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of Fox Factory by 25.2% in the second quarter. D. E. Shaw & Co. Inc. now owns 674,051 shares of the company’s stock valued at $32,483,000 after buying an additional 135,542 shares during the period.

Insider Buying and Selling at Fox Factory

In other Fox Factory news, CEO Michael C. Dennison bought 4,800 shares of Fox Factory stock in a transaction on Tuesday, August 6th. The stock was purchased at an average cost of $41.44 per share, for a total transaction of $198,912.00. Following the completion of the purchase, the chief executive officer now directly owns 135,066 shares of the company’s stock, valued at $5,597,135.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.30% of the company’s stock.

About Fox Factory

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.