On 5/3/24, Fox Factory Holding Corp (NASDAQ: FOXF) stock enjoyed a major increase of 10.4%, closing at $43.52. Moreover, this advance was accompanied by above average trading volume at 147% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 10.5% during the last week.
Current PriceTarget Research Rating
FOXF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Fox Factory Holding has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Fox Factory Holding has a good Appreciation Score of 71 but a very low Power Rating of 0, with the Negative Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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