(FOXF) Fox Factory Holding - Ratings and Ratios

Fox Factory Holding Corp is a global designer, engineer, and manufacturer of high-performance products and systems, catering to a diverse range of industries including automotive, cycling, and baseball. The companys product portfolio is extensive, featuring powered vehicle products, suspension systems, and aftermarket components for various vehicles, as well as performance cycling components and baseball equipment under renowned brand names such as Marzocchi, Race Face, Easton Cycling, and Marucci.

The companys offerings can be broadly categorized into three main segments: automotive, cycling, and baseball. In the automotive segment, Fox Factory provides a wide range of products including suspension systems, lift kits, and aftermarket components for trucks, off-road vehicles, and motorcycles. The cycling segment features high-performance components such as wheels, cranks, and suspension systems under the Race Face and Easton Cycling brand names. The baseball segment offers a variety of products including metal and wood bats, apparel, and protective equipment under the Marucci brand.

From a technical analysis perspective, the stock has shown a recent uptrend, with the short-term moving averages (SMA20 and SMA50) indicating a positive momentum. However, the long-term SMA200 suggests that the stock is still below its historical average, indicating potential for further growth. The Average True Range (ATR) of 1.20, representing a 4.58% daily volatility, suggests a relatively stable stock. Given the current price of $26.10, a potential target price could be around $30, based on the historical support and resistance levels.

Fundamentally, Fox Factory Holding Corp has a market capitalization of $1069.92M USD, with a forward P/E ratio of 15.02, indicating a relatively reasonable valuation compared to its expected earnings growth. Despite a negative Return on Equity (RoE) of -22.02, the companys diverse product portfolio and strong brand presence position it for potential long-term growth. By analyzing the and , a forecast for the stock could be made, suggesting a potential upside in the next 6-12 months, driven by the companys expanding product lines and improving market conditions.

Based on the analysis of both technical and fundamental data, a potential investment strategy could involve buying the stock at the current price, with a target price of $30, and a stop-loss at around $23, corresponding to the SMA50 level. This strategy would be contingent on the companys continued product innovation, successful brand management, and favorable market trends.