Head to Head Contrast: Foxx Development (FOXX) vs. Its Peers

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

Profitability

This table compares Foxx Development and its competitors’ 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	-5.54%	0.73%	0.04%

Analyst Ratings

This is a breakdown of current recommendations and price targets for Foxx Development and its competitors, 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	189	992	1026	36	2.41

As a group, “CONSM PD – MISC DIS” companies have a potential upside of 36.97%. Given Foxx Development’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Foxx Development has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Foxx Development and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Foxx Development	$65.92 million	-$9.02 million	-1.89
Foxx Development Competitors	$2.76 billion	$80.45 million	11.17

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

Institutional & 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 is poised for long-term growth.

Risk and Volatility

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

Summary

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

About Foxx Development

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.