Fox Factory (NASDAQ:FOXF) Releases Q1 2025 Earnings Guidance

Fox Factory (NASDAQ:FOXF) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.120-0.320 for the period, compared to the consensus estimate of 0.320. The company issued revenue guidance of $320.0 million-$350.0 million, compared to the consensus revenue estimate of $335.3 million. Fox Factory also updated its FY 2025 guidance to 1.600-2.600 EPS.

Fox Factory Stock Up 8.8 %

Shares of FOXF traded up $2.25 on Friday, reaching $27.73. The stock had a trading volume of 1,433,030 shares, compared to its average volume of 507,919. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 106.66, a price-to-earnings-growth ratio of 1.45 and a beta of 1.58. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.62 and a current ratio of 3.21. The company has a 50-day simple moving average of $27.88 and a 200-day simple moving average of $33.83. Fox Factory has a 12-month low of $25.17 and a 12-month high of $54.85.

Fox Factory (NASDAQ:FOXF) last released its earnings results on Thursday, February 27th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. The company had revenue of $352.84 million during the quarter, compared to analysts’ expectations of $321.31 million. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. Sell-side analysts predict that Fox Factory will post 1.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Roth Mkm reduced their price objective on Fox Factory from $45.00 to $36.00 and set a “neutral” rating for the company in a research report on Friday, November 1st. Robert W. Baird reduced their price objective on Fox Factory from $38.00 to $32.00 and set a “neutral” rating for the company in a research report on Friday. Jefferies Financial Group reduced their price objective on Fox Factory from $45.00 to $38.00 and set a “buy” rating for the company in a research report on Friday. StockNews.com upgraded Fox Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Finally, Truist Financial reduced their price objective on Fox Factory from $42.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $39.14.

About Fox Factory

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.