Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Fox Factory Holding Corp (NASDAQ: FOXF) closed at $47.46 in the last session, up 3.92% from day before closing price of $45.67. In other words, the price has increased by $3.92 from its previous closing price. On the day, 1.04 million shares were traded. FOXF stock price reached its highest trading level at $47.8 during the session, while it also had its lowest trading level at $45.63.
Ratios:
We take a closer look at FOXF’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 3.43. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.63.
B. Riley Securities Downgraded its Buy to Neutral on November 03, 2023, while the target price for the stock was maintained at $80.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 01 ’23 when DUNCAN THOMAS E. sold 1,427 shares for $111.91 per share. The transaction valued at 159,696 led to the insider holds 8,559 shares of the business.
Stecher Paul sold 2,300 shares of FOXF for $246,100 on Aug 25 ’23. The insiderS (A) now owns 16,360 shares after completing the transaction at $107.00 per share. On Aug 10 ’23, another insider, DENNISON MICHAEL C., who serves as the Chief Executive Officer of the company, sold 9,129 shares for $114.00 each. As a result, the insider received 1,040,706 and left with 70,795 shares of the company.
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 1975085824 and an Enterprise Value of 2608739584. As of this moment, Fox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.70, and their Forward P/E ratio for the next fiscal year is 13.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 1.866 whereas that against EBITDA is 13.431.
Stock Price History:
Over the past 52 weeks, FOXF has reached a high of $117.68, while it has fallen to a 52-week low of $37.98. The 50-Day Moving Average of the stock is 2.97%, while the 200-Day Moving Average is calculated to be -34.47%.
Shares Statistics:
According to the various share statistics, FOXF traded on average about 765.27K shares per day over the past 3-months and 781580 shares per day over the past 10 days. A total of 41.95M shares are outstanding, with a floating share count of 41.44M. Insiders hold about 0.43% of the company’s shares, while institutions hold 102.17% stake in the company. Shares short for FOXF as of 1713139200 were 2599376 with a Short Ratio of 3.40, compared to 1710460800 on 1830018. Therefore, it implies a Short% of Shares Outstanding of 2599376 and a Short% of Float of 8.0299996.
