Media headlines about Fox Factory (NASDAQ:FOXF) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fox Factory earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 44.8302887284603 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Fox Factory (NASDAQ:FOXF) traded down $0.20 during mid-day trading on Friday, reaching $37.85. The company had a trading volume of 131,064 shares, compared to its average volume of 200,523. Fox Factory has a 52-week low of $25.74 and a 52-week high of $46.80. The firm has a market capitalization of $1,383.42, a price-to-earnings ratio of 29.34, a PEG ratio of 1.45 and a beta of 0.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.48 and a quick ratio of 1.41.
A number of analysts recently weighed in on the stock. BidaskClub lowered shares of Fox Factory from a “sell” rating to a “strong sell” rating in a research note on Monday. DA Davidson raised Fox Factory from a “neutral” rating to a “buy” rating in a report on Thursday. Zacks Investment Research lowered Fox Factory from a “buy” rating to a “hold” rating and set a $45.00 target price on the stock. in a report on Thursday, January 18th. ValuEngine lowered Fox Factory from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Stifel Nicolaus reissued a “hold” rating on shares of Fox Factory in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. Fox Factory has an average rating of “Hold” and a consensus target price of $39.43.
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Fox Factory Company Profile
Fox Factory Holding Corp. is engaged in the manufacturing, sale and service of ride dynamics products. The Company’s products fall into two categories: bikes, and powered vehicles, including side-by-sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles.
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