The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Fox Factory Holding Corp (NASDAQ: FOXF) closed at $39.88 down -1.87% from its previous closing price of $40.64. In other words, the price has decreased by -$1.87 from its previous closing price. On the day, 0.71 million shares were traded. FOXF stock price reached its highest trading level at $40.53 during the session, while it also had its lowest trading level at $39.17.
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 20.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.70. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.67.
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:
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 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 1706628736 and an Enterprise Value of 2416360960. As of this moment, Fox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.02, and their Forward P/E ratio for the next fiscal year is 10.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 1.65 whereas that against EBITDA is 10.375.
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 $40.15. The 50-Day Moving Average of the stock is -21.13%, while the 200-Day Moving Average is calculated to be -47.72%.
Shares Statistics:
For the past three months, FOXF has traded an average of 673.76K shares per day and 586340 over the past ten days. A total of 41.95M shares are outstanding, with a floating share count of 41.87M. Insiders hold about 0.30% of the company’s shares, while institutions hold 102.14% stake in the company. Shares short for FOXF as of 1711584000 were 2090555 with a Short Ratio of 3.10, compared to 1709164800 on 1347752. Therefore, it implies a Short% of Shares Outstanding of 2090555 and a Short% of Float of 6.460000000000001.
