Fox Factory (NASDAQ:FOXF – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.07), Briefing.com reports. The business had revenue of $359.10 million during the quarter, compared to analysts’ expectations of $366.86 million. Fox Factory had a return on equity of 7.66% and a net margin of 3.07%. The company’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.05 EPS.
Fox Factory Trading Down 5.5 %
NASDAQ FOXF traded down $1.97 on Friday, hitting $34.02. 3,175,274 shares of the stock were exchanged, compared to its average volume of 580,707. Fox Factory has a 52-week low of $31.19 and a 52-week high of $86.14. The firm has a market capitalization of $1.42 billion, a P/E ratio of 34.60, a P/E/G ratio of 2.52 and a beta of 1.64. 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 stock has a fifty day moving average price of $39.61 and a two-hundred day moving average price of $43.31.
Insider Transactions at Fox Factory
In other Fox Factory news, CEO Michael C. Dennison bought 4,800 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average price of $41.44 per share, with a total value of $198,912.00. Following the completion of the purchase, the chief executive officer now owns 135,066 shares in the company, valued at $5,597,135.04. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.30% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Research Report on Fox Factory
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.
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