Fox Factory Holding Corp (NASDAQ:FOXF) CFO Zvi Glasman sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $39.72, for a total value of $595,800.00. Following the completion of the transaction, the chief financial officer now owns 64,100 shares of the company’s stock, valued at $2,546,052. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Fox Factory Holding Corp (NASDAQ FOXF) opened at $39.65 on Monday. The company has a market capitalization of $1,488.54, a P/E ratio of 26.09, a price-to-earnings-growth ratio of 1.87 and a beta of 0.62. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.48 and a quick ratio of 1.41. Fox Factory Holding Corp has a 12 month low of $25.25 and a 12 month high of $46.80.
Fox Factory (NASDAQ:FOXF) last released its earnings results on Wednesday, November 1st. The company reported $0.46 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.02. The firm had revenue of $127.40 million for the quarter, compared to analysts’ expectations of $123.02 million. Fox Factory had a return on equity of 28.25% and a net margin of 10.76%. The business’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 EPS. equities research analysts expect that Fox Factory Holding Corp will post 1.53 earnings per share for the current fiscal year.
FOXF has been the subject of several research analyst reports. ValuEngine upgraded Fox Factory from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered Fox Factory from a “buy” rating to a “hold” rating in a research report on Friday, October 20th. Bank of America boosted their price objective on Fox Factory from $42.00 to $45.00 and gave the company a “neutral” rating in a research report on Tuesday, October 24th. SunTrust Banks restated a “hold” rating and issued a $36.00 target price on shares of Fox Factory in a research note on Friday, October 20th. Finally, Stifel Nicolaus restated a “hold” rating on shares of Fox Factory in a research note on Wednesday, November 1st. Eight equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Fox Factory currently has a consensus rating of “Hold” and an average target price of $39.29.
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About Fox Factory
Fox Factory Holding Corp. is engaged in the manufacturing, sale and service of ride dynamics products. The Company’s products fall into two categories: bikes, and powered vehicles, including side-by-sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles.
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