With 0.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.68 million shares. The 52-week range on FOXF shows that it touched its highest point at $54.85 and its lowest point at $17.95 during that stretch. It currently has a 1-year price target of $31.12. Beta for the stock currently stands at 1.54.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FOXF was up-trending over the past week, with a rise of 9.50%, but this was up by 35.27% over a month. Three-month performance surged to 0.93% while six-month performance fell -21.92%. The stock lost -45.34% in the past year, while it has lost -13.97% so far this year. A look at the trailing 12-month EPS for FOXF yields -5.99 with Next year EPS estimates of 2.40. For the next quarter, that number is 0.43. This implies an EPS growth rate of 35.71% for this year and 32.76% for next year.
Float and Shares Shorts:
At present, 41.71 million FOXF shares are outstanding with a float of 41.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FOXF since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.34747 being high and $4.24752 being low. For FOXF, this leads to a yearly average estimate of $4.2875. Based on analyst estimates, the high estimate for the next quarter is $0.76 and the low estimate is $0.49. The average estimate for the next quarter is thus $0.58.
