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Fox Factory Holding Corp. (NASDAQ:FOXF): A Fundamentally Weighted Stock for Long-Term Investors

Fox Factory Holding Corp. (NASDAQ:FOXF) Relative Strength Index (RSI) is 58.59, with weekly volatility at 3.58% and ATR at 6.07. The FOXF stock’s 52-week price range has touched low of $51.63 and a $166.88 high. Intraday shares traded counted 0.32 million, which was -2.48% lower than its 30-day average trading volume of 308.31K. Its shares traded higher over the last trading session, gaining 2.57% on 05/14/21. The shares fell to a low of $153.24 before closing at $156.53. FOXF’s previous close was $152.61 while the outstanding shares total 41.85M. The firm has a beta of 1.80, a 12-month trailing P/E ratio of 54.56, and a growth ratio of 3.64.

Investors have identified the Recreational Vehicles company Fox Factory Holding Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $6.40 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Fox Factory Holding Corp. (FOXF) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For FOXF, the company has in raw cash 291.47 million on their books with 12.5 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 650.85 million total, with 198.03 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 4.44 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FOXF sounds very interesting.

Is the stock of FOXF attractive?

In related news, SEE REMARKS (A), Tutton Christopher sold 5,260 shares of the company’s stock in a transaction that recorded on May 11. The sale was performed at an average price of 155.00, for a total value of 815,309. As the sale deal closes, the Director, FETTER ELIZABETH A now sold 1,000 shares of the company’s stock, valued at 154,816. Also, CHIEF EXECUTIVE OFFICER, DENNISON MICHAEL C. sold 4,264 shares of the company’s stock in a deal that was recorded on Mar 15. The shares were price at an average price of 135.87 per share, with a total market value of 579,331. Following this completion of acquisition, the Director, ENTERLINE LARRY L now holds 54,049 shares of the company’s stock, valued at 7,067,008. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.

4 out of 9 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Fox Factory Holding Corp.. 0 analysts has assigned a Sell rating on the FOXF stock. The 12-month mean consensus price target for the company’s shares has been set at $146.29.

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