Aristides Capital LLC Takes $206,000 Position in Fox Factory Holding Corp. (NASDAQ:FOXF)

Aristides Capital LLC purchased a new position in shares of Fox Factory Holding Corp. (NASDAQ:FOXF) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,800 shares of the company’s stock, valued at approximately $206,000.

Other large investors also recently bought and sold shares of the company. Resona Asset Management Co. Ltd. acquired a new position in shares of Fox Factory during the 4th quarter worth approximately $255,000. ExodusPoint Capital Management LP purchased a new stake in Fox Factory in the 4th quarter valued at $1,469,000. Trexquant Investment LP acquired a new stake in shares of Fox Factory in the 4th quarter worth $1,114,000. Headlands Technologies LLC raised its holdings in shares of Fox Factory by 181.1% during the 4th quarter. Headlands Technologies LLC now owns 9,462 shares of the company’s stock worth $286,000 after acquiring an additional 6,096 shares during the period. Finally, B. Metzler seel. Sohn & Co. AG acquired a new position in Fox Factory in the 4th quarter valued at about $494,000.

Fox Factory Trading Up 0.2 %

NASDAQ:FOXF opened at $20.95 on Monday. Fox Factory Holding Corp. has a 12-month low of $18.69 and a 12-month high of $54.86. 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 stock’s 50 day simple moving average is $25.79 and its 200-day simple moving average is $31.10. The firm has a market cap of $873.87 million, a P/E ratio of 80.58, a PEG ratio of 1.45 and a beta of 1.56.

Fox Factory (NASDAQ:FOXF) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The company had revenue of $352.84 million during the quarter, compared to the consensus estimate of $321.31 million. Fox Factory had a net margin of 0.78% and a return on equity of 5.23%. Equities analysts anticipate that Fox Factory Holding Corp. will post 1.31 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on FOXF. Truist Financial decreased their price target on Fox Factory from $42.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. Jefferies Financial Group lowered their price target on shares of Fox Factory from $45.00 to $38.00 and set a “buy” rating for the company in a report on Friday, February 28th. 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. Finally, Stifel Nicolaus raised shares of Fox Factory from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research report on Wednesday, December 11th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $38.14.

Fox Factory Company Profile

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.