Berenberg Bank analyst Alex Maroccia maintained a Hold rating on Fox Factory Holding (NASDAQ:FOXF) on Tuesday, setting a price target of $52, which is approximately 37.58% below the present share price of $83.31.
Maroccia expects Fox Factory Holding to post earnings per share (EPS) of $0.21 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Fox Factory Holding, with an average price target of $81.67.
The analysts price targets range from a high of $95 to a low of $56.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $184.36 million and a net profit of $11.57 million. The company's market cap is $3.48 billion.
According to TipRanks.com, Berenberg Bank analyst Alex Maroccia is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 16.5% and a 70.21% 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.