Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Fox Factory Holding Corp (NASDAQ: FOXF) closed at $24.72 down -0.32% from its previous closing price of $24.80. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 0.77 million shares were traded. FOXF stock price reached its highest trading level at $25.1744 during the session, while it also had its lowest trading level at $24.065.
Ratios:
For a deeper understanding of Fox Factory Holding Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.64.
On February 23, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $55.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 25 ’24 when FETTER ELIZABETH A bought 600 shares for $34.03 per share. The transaction valued at 20,418 led to the insider holds 7,873 shares of the business.
Fletcher Thomas L. bought 1,315 shares of FOXF for $54,289 on Oct 01 ’24. On Aug 15 ’24, another insider, Tutton Christopher, who serves as the Officer of the company, bought 2,000 shares for $41.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FOXF now has a Market Capitalization of 1030425984 and an Enterprise Value of 1768626176. As of this moment, Fox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 157.55, and their Forward P/E ratio for the next fiscal year is 9.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.269 whereas that against EBITDA is 12.33.
Stock Price History:
The Beta on a monthly basis for FOXF is 1.54, which has changed by -0.4830615 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, FOXF has reached a high of $54.85, while it has fallen to a 52-week low of $23.91. The 50-Day Moving Average of the stock is -8.77%, while the 200-Day Moving Average is calculated to be -32.92%.
Shares Statistics:
For the past three months, FOXF has traded an average of 593.03K shares per day and 672190 over the past ten days. A total of 41.68M shares are outstanding, with a floating share count of 41.25M. Insiders hold about 1.05% of the company’s shares, while institutions hold 102.34% stake in the company. Shares short for FOXF as of 1740700800 were 2098276 with a Short Ratio of 3.54, compared to 1738281600 on 1966288. Therefore, it implies a Short% of Shares Outstanding of 2098276 and a Short% of Float of 6.550000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
