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

Fox Factory (NASDAQ:FOXF) issued an update on its FY 2025 earnings guidance on Thursday morning. 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.

Fox Factory Stock Down 2.6 %

Shares of FOXF stock traded down $0.68 on Thursday, hitting $25.48. 783,814 shares of the stock were exchanged, compared to its average volume of 483,499. The business has a 50-day moving average of $27.97 and a 200 day moving average of $33.89. Fox Factory has a fifty-two week low of $25.17 and a fifty-two week high of $54.85. The firm has a market capitalization of $1.06 billion, a P/E ratio of 98.00, a price-to-earnings-growth ratio of 1.45 and a beta of 1.58. The company has a current ratio of 3.21, a quick ratio of 1.62 and a debt-to-equity ratio of 0.62.

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

Wall Street Analyst Weigh In

FOXF has been the topic of a number of analyst reports. Roth Mkm reduced their price objective on shares of Fox Factory from $45.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. Truist Financial decreased their target price on Fox Factory from $42.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, January 7th. Robert W. Baird reduced their price target on shares of Fox Factory from $45.00 to $38.00 and set a “neutral” rating on the stock in a research note on Friday, November 1st. StockNews.com upgraded shares of Fox Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Finally, Stifel Nicolaus upgraded 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 equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $40.33.

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.