Market Recap: Fox Factory Holding Corp (FOXF)’s Positive Momentum, Closing at 29.72

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The closing price of Fox Factory Holding Corp (NASDAQ: FOXF) was $29.72 for the day, up 1.89% from the previous closing price of $29.17. In other words, the price has increased by $1.89 from its previous closing price. On the day, 0.49 million shares were traded. FOXF stock price reached its highest trading level at $29.775 during the session, while it also had its lowest trading level at $28.3302.

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 13.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 3.21. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.62.

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 1238830592 and an Enterprise Value of 2035252096. As of this moment, Fox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 116.00, and their Forward P/E ratio for the next fiscal year is 15.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 21.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 1.482 whereas that against EBITDA is 14.208.

Stock Price History:

Over the past 52 weeks, FOXF has reached a high of $70.13, while it has fallen to a 52-week low of $28.75. The 50-Day Moving Average of the stock is -11.42%, while the 200-Day Moving Average is calculated to be -28.59%.

Shares Statistics:

FOXF traded an average of 700.10K shares per day over the past three months and 904230 shares per day over the past ten days. A total of 41.68M shares are outstanding, with a floating share count of 41.38M. Insiders hold about 0.73% of the company’s shares, while institutions hold 109.07% stake in the company. Shares short for FOXF as of 1732838400 were 2516215 with a Short Ratio of 4.02, compared to 1730332800 on 3017278. Therefore, it implies a Short% of Shares Outstanding of 2516215 and a Short% of Float of 7.85.

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