In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Fox Factory Holding Corp (NASDAQ: FOXF) was $20.32 for the day, up 0.89% from the previous closing price of $20.14. In other words, the price has increased by $0.89 from its previous closing price. On the day, 0.71 million shares were traded.
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 11.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.65. 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:
As of this moment, Fox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 129.51, and their Forward P/E ratio for the next fiscal year is 8.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.71.
Stock Price History:
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 -11.61%, while the 200-Day Moving Average is calculated to be -36.97%.
Shares Statistics:
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 104.29% stake in the company.
