Analyzing Foxx Development (FOXX) and Its Competitors

Foxx Development (NASDAQ:FOXX) is one of 47 public companies in the “CONSM PD – MISC DIS” industry, but how does it compare to its peers? We will compare Foxx Development to similar companies based on the strength of its earnings, analyst recommendations, profitability, valuation, dividends, risk and institutional ownership.

Valuation & Earnings

This table compares Foxx Development and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Foxx Development	$65.92 million	-$9.02 million	-2.11
Foxx Development Competitors	$2.84 billion	$80.45 million	13.28

Foxx Development’s peers have higher revenue and earnings than Foxx Development. Foxx Development is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of recent ratings and target prices for Foxx Development and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Foxx Development	1	0	0	0	1.00
Foxx Development Competitors	185	986	1021	35	2.41

As a group, “CONSM PD – MISC DIS” companies have a potential upside of 39.06%. Given Foxx Development’s peers stronger consensus rating and higher possible upside, analysts clearly believe Foxx Development has less favorable growth aspects than its peers.

Volatility & Risk

Foxx Development has a beta of -0.17, meaning that its share price is 117% less volatile than the S&P 500. Comparatively, Foxx Development’s peers have a beta of 1.22, meaning that their average share price is 22% more volatile than the S&P 500.

Profitability

This table compares Foxx Development and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Foxx Development	-13.69%	N/A	-25.71%
Foxx Development Competitors	-5.01%	0.94%	0.13%

Institutional and Insider Ownership

60.4% of Foxx Development shares are held by institutional investors. Comparatively, 40.3% of shares of all “CONSM PD – MISC DIS” companies are held by institutional investors. 39.8% of Foxx Development shares are held by insiders. Comparatively, 22.3% of shares of all “CONSM PD – MISC DIS” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Foxx Development peers beat Foxx Development on 11 of the 13 factors compared.

Foxx Development Company Profile

Foxx Development Holdings Inc. is a consumer electronics and integrated Internet-of-Things solution company catering to both retail and institutional clients. The company currently sells a diverse range of products including mobile phones, tablets and other consumer electronics devices principally in United State and is in the process of developing and distributing end-to-end communication terminals and IoT solutions. Foxx Development Holdings Inc., formerly known as Acri Capital Acquisition Corporation, is based in Austin, TX.