Fox Factory Holding Corp (NASDAQ: FOXF) stock suffered a major decline of -16.3% on 8/2/24. The shares closed at $41.48. Moreover, trading volume in this decline was exceptionally high at 244% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -18.7% 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 73 but a very low Power Rating of 2, resulting in the Negative Value Trend Rating.
Rating Review
In light of this highly negative 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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