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

Fox Factory (NASDAQ:FOXF) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.600-2.600 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

Several research firms have issued reports on FOXF. Stifel Nicolaus upgraded shares of Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Wednesday, December 11th. Jefferies Financial Group decreased their target price on shares of Fox Factory from $45.00 to $38.00 and set a “buy” rating for the company in a research note on Friday. Truist Financial decreased their target price on shares of Fox Factory from $42.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, January 7th. Roth Mkm cut their price target on shares of Fox Factory from $45.00 to $36.00 and set a “neutral” rating for the company in a report on Friday, November 1st. Finally, Robert W. Baird cut their price target on shares of Fox Factory from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Friday. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Fox Factory has a consensus rating of “Hold” and an average price target of $39.14.

Fox Factory Price Performance

Shares of FOXF traded up $2.25 during mid-day trading on Friday, reaching $27.73. 1,433,030 shares of the company’s stock were exchanged, compared to its average volume of 507,919. The company has a quick ratio of 1.62, a current ratio of 3.21 and a debt-to-equity ratio of 0.62. The company has a 50-day simple moving average of $27.88 and a two-hundred day simple moving average of $33.83. Fox Factory has a 52-week low of $25.17 and a 52-week high of $54.85. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 106.66, a PEG ratio of 1.45 and a beta of 1.58.

Fox Factory (NASDAQ:FOXF) last announced its earnings results on Thursday, February 27th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. Fox Factory had a net margin of 0.78% and a return on equity of 5.23%. The firm had revenue of $352.84 million for the quarter, compared to analyst estimates of $321.31 million. On average, sell-side analysts predict that Fox Factory will post 1.31 EPS for the current fiscal year.

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.