1 week Ago By Defense World Staff
Invesco Ltd. raised its holdings in shares of Fox Factory Holding Corp. (NASDAQ:FOXF – Free Report) by 39.
2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 174,525 shares of the company’s stock after acquiring an additional 49,139 shares during the period. Invesco Ltd.
owned approximately 0.42% of Fox Factory worth $5,283,000 at the end of the most recent quarter. Several other large investors have also made changes to their positions in FOXF.
Barclays PLC grew its holdings in Fox Factory by 474.7% during the third quarter. Barclays PLC now owns 122,806 shares of the company’s stock worth $5,097,000 after acquiring an additional 101,437 shares during the period.
Synovus Financial Corp grew its stake in shares of Fox Factory by 20.3% during the 3rd quarter. Synovus Financial Corp now owns 23,306 shares of the company’s stock worth $967,000 after purchasing an additional 3,934 shares during the period.
JPMorgan Chase & Co. increased its holdings in shares of Fox Factory by 271.6% during the 3rd quarter.
JPMorgan Chase & Co. now owns 190,870 shares of the company’s stock valued at $7,921,000 after purchasing an additional 139,512 shares in the last quarter. Assenagon Asset Management S.
A. increased its holdings in shares of Fox Factory by 595.6% during the 4th quarter.
Assenagon Asset Management S.A. now owns 247,435 shares of the company’s stock valued at $7,490,000 after purchasing an additional 211,864 shares in the last quarter.
Finally, Diversify Wealth Management LLC lifted its stake in shares of Fox Factory by 10.1% in the 4th quarter. Diversify Wealth Management LLC now owns 7,443 shares of the company’s stock valued at $207,000 after purchasing an additional 680 shares during the period.
Fox Factory Trading Down 0.3 %Shares of FOXF opened at $21.10 on Friday.
The firm’s fifty day moving average is $23.53 and its two-hundred day moving average is $28.74.
The stock has a market cap of $880.12 million, a PE ratio of 81.16, a price-to-earnings-growth ratio of 1.
45 and a beta of 1.56. The company has a quick ratio of 1.
62, a current ratio of 3.21 and a debt-to-equity ratio of 0.62.
Fox Factory Holding Corp. has a 52-week low of $17.95 and a 52-week high of $54.
86. Fox Factory (NASDAQ:FOXF – Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.
31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02.
Fox Factory had a net margin of 0.78% and a return on equity of 5.23%.
The company had revenue of $352.84 million during the quarter, compared to analysts’ expectations of $321.31 million.
Research analysts forecast that Fox Factory Holding Corp. will post 1.31 earnings per share for the current fiscal year.
Analyst Ratings ChangesA number of research analysts have weighed in on the stock. Stifel Nicolaus cut their price objective on shares of Fox Factory from $40.00 to $34.
00 and set a “buy” rating for the company in a report on Thursday, April 10th. Truist Financial dropped their target price on Fox Factory from $40.00 to $24.
00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Jefferies Financial Group reduced their price target on Fox Factory from $45.00 to $38.
00 and set a “buy” rating for the company in a report on Friday, February 28th. Finally, Robert W. Baird dropped their price objective on Fox Factory from $32.
00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, April 4th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock.
According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $35.00.View Our Latest Report on Fox FactoryFox Factory Profile (Free Report)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.Featured ArticlesFive stocks we like better than Fox FactoryShould You Add These Warren Buffett Stocks to Your Portfolio?Markets Think Robinhood Earnings Could Send the Stock UpBest ESG Stocks: 11 Best Stocks for ESG InvestingChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?TSX Venture Exchange (Formerly Canadian Venture Exchange)AT&T: Subscriber Growth & Buybacks Signal Bullish TurnaroundWant to see what other hedge funds are holding FOXF? Visit HoldingsChannel.
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