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 Trading Up 8.8 %

Shares of NASDAQ FOXF traded up $2.25 during midday trading on Friday, hitting $27.73. The company’s stock had a trading volume of 1,433,030 shares, compared to its average volume of 507,919. The company has a current ratio of 3.21, a quick ratio of 1.62 and a debt-to-equity ratio of 0.62. The business’s 50 day moving average is $27.88 and its two-hundred day moving average is $33.83. Fox Factory has a 12-month low of $25.17 and a 12-month high of $54.85. The firm has a market cap of $1.16 billion, a P/E ratio of 106.66, a price-to-earnings-growth ratio of 1.45 and a beta of 1.58.

Fox Factory (NASDAQ:FOXF) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.02. Fox Factory had a return on equity of 5.23% and a net margin of 0.78%. The firm had revenue of $352.84 million for the quarter, compared to the consensus estimate of $321.31 million. As a group, equities research analysts expect that Fox Factory will post 1.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Truist Financial reduced their price objective on Fox Factory from $42.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Roth Mkm lowered 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 lowered 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 lowered 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. Finally, Stifel Nicolaus raised Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research report on Wednesday, December 11th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Fox Factory 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.