Fox Factory (NASDAQ:FOXF) Updates FY 2025 Earnings Guidance

Fox Factory (NASDAQ:FOXF) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.600-2.600 for the period, compared to the consensus EPS estimate of 1.960. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Fox Factory also updated its Q1 2025 guidance to 0.120-0.320 EPS.

Fox Factory Trading Up 4.7 %

Shares of FOXF opened at $27.38 on Friday. The firm’s fifty day moving average is $27.88 and its two-hundred day moving average is $33.83. The stock has a market cap of $1.14 billion, a PE ratio of 110.32, a price-to-earnings-growth ratio of 1.45 and a beta of 1.58. The company has a quick ratio of 1.62, a current ratio of 3.21 and a debt-to-equity ratio of 0.62. Fox Factory has a 52-week low of $25.17 and a 52-week high of $54.85.

Fox Factory (NASDAQ:FOXF) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. Fox Factory had a net margin of 0.78% and a return on equity of 5.23%. Research analysts forecast that Fox Factory will post 1.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on FOXF shares. Truist Financial lowered their price objective on Fox Factory from $42.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. StockNews.com upgraded shares of Fox Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Roth Mkm dropped their price target on shares of Fox Factory from $45.00 to $36.00 and set a “neutral” rating for the company in a research note on Friday, November 1st. Robert W. Baird decreased their price objective on Fox Factory from $38.00 to $32.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Stifel Nicolaus upgraded shares of Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Wednesday, December 11th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $39.33.

Fox Factory Company Profile

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.