Fox Factory (NASDAQ:FOXF) Updates Q1 2025 Earnings Guidance

Fox Factory (NASDAQ:FOXF) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.120-0.320 for the period, compared to the consensus estimate of 0.320. The company issued revenue guidance of $320.0 million-$350.0 million, compared to the consensus revenue estimate of $335.3 million. Fox Factory also updated its FY 2025 guidance to 1.600-2.600 EPS.

Analysts Set New Price Targets

A number of analysts have recently issued reports on FOXF shares. Truist Financial reduced their price target on shares of Fox Factory from $42.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Stifel Nicolaus upgraded Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a report on Wednesday, December 11th. StockNews.com upgraded Fox Factory from a “sell” rating to a “hold” rating in a research note on Thursday, November 28th. Roth Mkm dropped their price objective on shares of Fox Factory from $45.00 to $36.00 and set a “neutral” rating on the stock in a report on Friday, November 1st. Finally, Robert W. Baird decreased 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. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Fox Factory currently has an average rating of “Hold” and an average target price of $40.33.

Fox Factory Stock Down 2.6 %

Shares of Fox Factory stock traded down $0.68 during trading hours on Thursday, reaching $25.48. 783,814 shares of the company’s stock were exchanged, compared to its average volume of 483,499. The company has a current ratio of 3.21, a quick ratio of 1.62 and a debt-to-equity ratio of 0.62. The company has a 50 day moving average of $27.97 and a two-hundred day moving average of $33.89. The stock has a market cap of $1.06 billion, a P/E ratio of 98.00, a P/E/G ratio of 1.45 and a beta of 1.58. Fox Factory has a fifty-two week low of $25.17 and a fifty-two week high of $54.85.

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

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.