Fox Factory Holding Corp Lowered to Underweight at EVA Dimensions LLC (FOXF)
Fox Factory Holding Corp (NASDAQ:FOXF) was downgraded by research analysts at EVA Dimensions LLC from a “hold” rating to an “underweight” rating in a report released on Tuesday, American Banking and Market News reports.
Fox Factory Holding Corp (NASDAQ:FOXF) traded down 0.60% on Tuesday, hitting $16.63. The stock had a trading volume of 11,692 shares. Fox Factory Holding Corp has a 52-week low of $14.33 and a 52-week high of $20.75. The stock’s 50-day moving average is $16.74 and its 200-day moving average is $17.55. The company has a market cap of $604.0 million and a P/E ratio of 27.61.
Separately, analysts at Zacks downgraded shares of Fox Factory Holding Corp from a “neutral” rating to an “underperform” rating in a research note on Monday, February 10th. They now have a $15.10 price target on the stock. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $19.70.
Fox Factory Holding Corp is a designer, manufacturer and marketer of suspension products used primarily on mountain bikes, side-by-side vehicles, or side-by-sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (NASDAQ:FOXF), snowmobiles, specialty vehicles and applications, and motorcycles.
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