Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Fox Factory Holding Corp (NASDAQ: FOXF) was $19.53 for the day, down -0.46% from the previous closing price of $19.62. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 0.8 million shares were traded. FOXF stock price reached its highest trading level at $19.8587 during the session, while it also had its lowest trading level at $19.04.
Ratios:
Our analysis of FOXF’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.28. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 814643200 and an Enterprise Value of 1552286720. As of this moment, Fox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 124.47, and their Forward P/E ratio for the next fiscal year is 7.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 1.114 whereas that against EBITDA is 10.822.
Stock Price History:
The Beta on a monthly basis for FOXF is 1.56, which has changed by -0.5258558 over the last 52 weeks, in comparison to a change of 0.07455289 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 $17.95. The 50-Day Moving Average of the stock is -20.96%, while the 200-Day Moving Average is calculated to be -43.08%.
Shares Statistics:
FOXF traded an average of 603.89K shares per day over the past three months and 856600 shares per day over the past ten days. A total of 41.68M shares are outstanding, with a floating share count of 41.28M. Insiders hold about 1.05% of the company’s shares, while institutions hold 102.15% stake in the company. Shares short for FOXF as of 1743379200 were 2055472 with a Short Ratio of 3.40, compared to 1740700800 on 2098276. Therefore, it implies a Short% of Shares Outstanding of 2055472 and a Short% of Float of 6.81.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
