Fox Factory (NASDAQ:FOXF) Receives Daily Media Sentiment Rating of 0.07

News articles about Fox Factory (NASDAQ:FOXF) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fox Factory earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.4138469997502 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have effected Accern’s scoring:

A number of equities research analysts have recently weighed in on FOXF shares. Zacks Investment Research raised Fox Factory from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a report on Monday, October 23rd. ValuEngine upgraded Fox Factory from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Stifel Nicolaus restated a “hold” rating and issued a $38.00 price target (up previously from $32.00) on shares of Fox Factory in a research report on Wednesday, August 9th. Robert W. Baird restated a “hold” rating and issued a $40.00 price target on shares of Fox Factory in a research report on Thursday, September 28th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $36.00 target price on shares of Fox Factory in a research report on Friday, October 20th. Nine research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $40.14.

Fox Factory (NASDAQ:FOXF) opened at $39.05 on Wednesday. The stock has a market capitalization of $1,492.30, a P/E ratio of 26.15, a price-to-earnings-growth ratio of 1.88 and a beta of 0.62. Fox Factory has a 12 month low of $25.25 and a 12 month high of $46.80. The company has a quick ratio of 1.41, a current ratio of 2.48 and a debt-to-equity ratio of 0.26.

Fox Factory (NASDAQ:FOXF) last issued its quarterly earnings results on Wednesday, November 1st. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.02. Fox Factory had a return on equity of 28.25% and a net margin of 10.76%. The firm had revenue of $127.40 million for the quarter, compared to analysts’ expectations of $123.02 million. During the same quarter in the prior year, the firm earned $0.44 EPS. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. equities research analysts anticipate that Fox Factory will post 1.53 EPS for the current year.

In related news, SVP William H. Katherman sold 18,580 shares of Fox Factory stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $42.01, for a total transaction of $780,545.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 21.40% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Fox Factory (NASDAQ:FOXF)

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