Wall Street analysts predict that Fox Factory Holding Corp (NASDAQ:FOXF) will report earnings per share of $0.66 for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Fox Factory’s earnings, with estimates ranging from $0.62 to $0.68. Fox Factory posted earnings per share of $0.46 in the same quarter last year, which indicates a positive year over year growth rate of 43.5%. The company is scheduled to issue its next earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that Fox Factory will report full-year earnings of $2.09 per share for the current fiscal year, with EPS estimates ranging from $2.05 to $2.13. For the next fiscal year, analysts forecast that the business will post earnings of $2.35 per share, with EPS estimates ranging from $2.25 to $2.50. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Fox Factory.

Fox Factory (NASDAQ:FOXF) last released its quarterly earnings results on Wednesday, August 1st. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.08. The firm had revenue of $156.80 million for the quarter, compared to analysts’ expectations of $146.72 million. Fox Factory had a net margin of 10.93% and a return on equity of 27.73%. The business’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 earnings per share.

A number of research firms recently commented on FOXF. BidaskClub cut Fox Factory from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 12th. DA Davidson reissued a “buy” rating on shares of Fox Factory in a research note on Monday, May 7th. Stifel Nicolaus increased their target price on Fox Factory from $42.00 to $55.00 and gave the company a “hold” rating in a research note on Thursday, August 2nd. Robert W. Baird increased their target price on Fox Factory from $42.00 to $52.00 and gave the company a “neutral” rating in a research note on Tuesday, July 24th. Finally, Zacks Investment Research cut Fox Factory from a “buy” rating to a “hold” rating in a research note on Wednesday, June 13th. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $53.14.

Shares of Fox Factory stock traded up $0.75 during trading on Tuesday, hitting $66.80. The stock had a trading volume of 155,046 shares, compared to its average volume of 237,026. The stock has a market cap of $2.50 billion, a P/E ratio of 41.42, a PEG ratio of 1.88 and a beta of 0.81. Fox Factory has a 12 month low of $33.20 and a 12 month high of $68.30. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.20 and a current ratio of 2.18.

In related news, insider Christopher Tutton sold 1,000 shares of the stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $67.94, for a total value of $67,940.00. Following the transaction, the insider now owns 38,485 shares of the company’s stock, valued at $2,614,670.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP William H. Katherman sold 8,655 shares of the company’s stock in a transaction dated Wednesday, August 15th. The shares were sold at an average price of $67.00, for a total transaction of $579,885.00. Following the sale, the senior vice president now owns 23,000 shares of the company’s stock, valued at $1,541,000. The disclosure for this sale can be found here. In the last three months, insiders sold 83,830 shares of company stock worth $4,796,623. 5.60% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. boosted its holdings in shares of Fox Factory by 15.9% during the second quarter. Victory Capital Management Inc. now owns 9,684 shares of the company’s stock worth $451,000 after purchasing an additional 1,327 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in shares of Fox Factory by 25.9% during the first quarter. Cubist Systematic Strategies LLC now owns 7,631 shares of the company’s stock worth $266,000 after purchasing an additional 1,568 shares during the period. New York State Common Retirement Fund boosted its holdings in shares of Fox Factory by 4.3% during the first quarter. New York State Common Retirement Fund now owns 39,100 shares of the company’s stock worth $1,365,000 after purchasing an additional 1,600 shares during the period. Polen Capital Management LLC boosted its holdings in shares of Fox Factory by 12.2% during the second quarter. Polen Capital Management LLC now owns 14,722 shares of the company’s stock worth $685,000 after purchasing an additional 1,601 shares during the period. Finally, Profund Advisors LLC boosted its holdings in shares of Fox Factory by 27.9% during the first quarter. Profund Advisors LLC now owns 7,435 shares of the company’s stock worth $259,000 after purchasing an additional 1,620 shares during the period. Institutional investors own 99.16% of the company’s stock.

About Fox Factory

Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. The company offers front fork and rear suspension products for mountain bikes and road bikes; and powered vehicle products for side-by-side vehicles, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, and motorcycles.

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