Berenberg Bank analyst Rudy Yang reiterated a Hold rating on Fox Factory Holding (NASDAQ:FOXF) on Wednesday, setting a price target of $171, which is approximately 8.95% below the present share price of $187.81.
Yang expects Fox Factory Holding to post earnings per share (EPS) of $1.04 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Fox Factory Holding, with an average price target of $189.2.
The analysts price targets range from a high of $210 to a low of $170.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $347.44 million and a net profit of $55.25 million. The company's market cap is $7.91 billion.
According to TipRanks.com, Berenberg Bank analyst Rudy Yang is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.4% and a 60.00% success rate.
Fox Factory Holding Corp. engages in designing, engineering, manufacturing, and marketing performance ride dynamics products. Its product categories include bicycles; side-by-sides; on-road vehicles with off-road capabilities; off-road vehicles and trucks; all-terrain vehicles; snowmobiles; specialty vehicles and applications; and motorcycles. It operates through the following geographic segments: North America, Asia, Europe, and Rest of the World. The company was founded on December 28, 2007 and is headquartered in Braselton, GA.