Fox Factory (NASDAQ:FOXF) Updates FY 2025 Earnings Guidance

Fox Factory (NASDAQ:FOXF) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.920-1.120 for the period, compared to the consensus EPS estimate of 1.730. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion. Fox Factory also updated its Q4 2025 guidance to 0.050-0.250 EPS.

Fox Factory Stock Down 25.5%

Fox Factory stock traded down $5.59 on Friday, hitting $16.37. 3,294,206 shares of the stock traded hands, compared to its average volume of 594,411. Fox Factory has a 1 year low of $16.04 and a 1 year high of $35.36. The firm has a market cap of $684.28 million, a P/E ratio of -2.71 and a beta of 1.43. The company has a current ratio of 3.03, a quick ratio of 1.36 and a debt-to-equity ratio of 0.70. The business’s fifty day simple moving average is $24.79 and its 200 day simple moving average is $25.83.

Fox Factory (NASDAQ:FOXF) last released its earnings results on Thursday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.33). The business had revenue of $376.36 million for the quarter, compared to analysts’ expectations of $382.59 million. Fox Factory had a negative net margin of 17.50% and a positive return on equity of 5.03%. Fox Factory’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 earnings per share. Fox Factory has set its FY 2025 guidance at 0.920-1.120 EPS. Q4 2025 guidance at 0.050-0.250 EPS. As a group, sell-side analysts forecast that Fox Factory will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on FOXF shares. Weiss Ratings restated a “sell (d)” rating on shares of Fox Factory in a research note on Wednesday, October 8th. B. Riley reissued a “neutral” rating and set a $32.00 price target (up previously from $26.00) on shares of Fox Factory in a report on Friday, August 8th. Stifel Nicolaus set a $33.00 price objective on Fox Factory in a research note on Tuesday, October 7th. Finally, Zacks Research cut Fox Factory from a “hold” rating to a “strong sell” rating in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Fox Factory has an average rating of “Hold” and a consensus price target of $32.40.

Institutional Trading of Fox Factory

Large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Fox Factory by 82.2% during the 1st quarter. Royal Bank of Canada now owns 12,898 shares of the company’s stock valued at $301,000 after purchasing an additional 5,820 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Fox Factory by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,142 shares of the company’s stock valued at $587,000 after buying an additional 1,103 shares during the period. Millennium Management LLC grew its stake in shares of Fox Factory by 18.7% during the first quarter. Millennium Management LLC now owns 464,493 shares of the company’s stock valued at $10,841,000 after buying an additional 73,090 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Fox Factory in the first quarter worth approximately $263,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Fox Factory by 20.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,431 shares of the company’s stock worth $2,041,000 after buying an additional 15,021 shares during the period.

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.