With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.65 million shares. The 52-week range on FOXF shows that it touched its highest point at $54.85 and its lowest point at $25.17 during that stretch. It currently has a 1-year price target of $39.88. Beta for the stock currently stands at 1.66.
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 down-trending over the past week, with a drop of -2.46%, but this was down by -11.98% over a month. Three-month performance dropped to -18.81% while six-month performance fell -36.52%. The stock lost -44.98% in the past year, while it has lost -13.58% so far this year. A look at the trailing 12-month EPS for FOXF yields 0.26 with Next year EPS estimates of 1.96. For the next quarter, that number is 0.29. This implies an EPS growth rate of -66.95% for this year and 50.37% for next year. EPS is expected to decline by -13.26% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.71%.
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 $1.32529 being high and $1.2655 being low. For FOXF, this leads to a yearly average estimate of $1.30536. Based on analyst estimates, the high estimate for the next quarter is $0.57 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.32.
