Versor Investments LP Has $888,000 Stock Position in Fox Factory Holding Corp. $FOXF

Versor Investments LP increased its stake in Fox Factory Holding Corp. (NASDAQ:FOXF) by 202.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,223 shares of the company’s stock after acquiring an additional 22,923 shares during the quarter. Versor Investments LP owned about 0.08% of Fox Factory worth $888,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FOXF. Algert Global LLC bought a new stake in Fox Factory in the first quarter worth approximately $3,695,000. Nuveen LLC bought a new stake in Fox Factory in the first quarter worth approximately $3,664,000. Y Intercept Hong Kong Ltd bought a new stake in Fox Factory in the second quarter worth approximately $2,832,000. Hotchkis & Wiley Capital Management LLC increased its holdings in Fox Factory by 35.6% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 369,230 shares of the company’s stock worth $8,618,000 after purchasing an additional 96,890 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Fox Factory by 14.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 711,977 shares of the company’s stock worth $16,618,000 after purchasing an additional 89,232 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FOXF. Stifel Nicolaus set a $33.00 target price on Fox Factory in a report on Tuesday, October 7th. B. Riley reiterated a “neutral” rating and issued a $32.00 target price (up from $26.00) on shares of Fox Factory in a report on Friday, August 8th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Fox Factory in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Fox Factory presently has a consensus rating of “Hold” and a consensus target price of $32.40.

Fox Factory Trading Up 0.4%

NASDAQ FOXF opened at $22.11 on Monday. The company has a market cap of $924.22 million, a price-to-earnings ratio of -3.65 and a beta of 1.37. Fox Factory Holding Corp. has a 52 week low of $17.95 and a 52 week high of $37.69. The business has a 50 day moving average price of $25.61 and a 200-day moving average price of $25.86. The company has a quick ratio of 1.36, a current ratio of 3.03 and a debt-to-equity ratio of 0.70.

Fox Factory (NASDAQ:FOXF) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.03). The firm had revenue of $374.86 million for the quarter, compared to the consensus estimate of $349.01 million. Fox Factory had a negative net margin of 17.50% and a positive return on equity of 5.03%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.38 EPS. Fox Factory has set its FY 2025 guidance at 1.600-2.000 EPS. Q3 2025 guidance at 0.450-0.650 EPS. As a group, equities analysts expect that Fox Factory Holding Corp. will post 1.31 earnings per share for the current fiscal year.

Fox Factory Profile

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.