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Nov 02, 2018
Fox Factory Holding (FOXF, $63.18) Soars on Record Q3 Results

Fox Factory Holding (FOXF, $63.18) Soars on Record Q3 Results

Shares of Fox Factory Holding Corp, makers of high-performance suspension products used on mountain bikes and off-road and all-terrain vehicles, soared more than +17% in Wednesday trading as the company reported record breaking third-quarter earnings.

Q3 earnings highlights included:

  • Sales increased 38.0% to $175.8 million compared to $127.4 million in Q3 2017
  • Gross margin increased 100 bps to 34.4% compared to 33.4% in Q3 2017
  • Net income attributable to stockholders was $24.3 million, or 13.8% of sales and $0.62 of earnings per diluted share, compared to $16.1 million, or 12.6% of sales and $0.41 of earnings per diluted share of Q3 2017
  • Non-GAAP adjusted net income was $28.1 million, or $0.72 of adjusted earnings per diluted share, compared to $18.0 million, or $0.46 of adjusted earnings per diluted share in Q3 2017
  • Adjusted EBITDA was $39.3 million, or 22.4% of sales, compared to $27.0 million, or 21.2% of sales in Q3 2017
  • Powered Vehicle Group sales grew by 56.6% whereas Specialty Sports Group registered a growth of 21.1%

As per the company’s CEO, Larry L. Enterline, differentiated market positions for powered vehicles and bikes helped the company achieve broad-based strength across the product portfolio, resulting in record sales and profitability. He also added that the company has embarked on expanding its operations, and in-line with this strategy, they have agreed to purchase a 23-acre site in Hall County, Georgia to diversify its manufacturing platform and to provide additional long-term capacity to support growth in the Powered Vehicles segment.

Related Ticker: FOXF

FOXF in upward trend: 10-day moving average moved above 50-day moving average on July 20, 2026

The 10-day moving average for FOXF crossed bullishly above the 50-day moving average on July 20, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 15, 2026. You may want to consider a long position or call options on FOXF as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for FOXF just turned positive on July 15, 2026. Looking at past instances where FOXF's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

FOXF moved above its 50-day moving average on July 15, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FOXF advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 153 cases where FOXF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for FOXF moved out of overbought territory on July 17, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 56 cases where FOXF's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FOXF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

FOXF broke above its upper Bollinger Band on July 16, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FOXF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.178) is normal, around the industry mean (2.222). P/E Ratio (125.875) is within average values for comparable stocks, (83.051). FOXF's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.015). FOXF has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (0.523) is also within normal values, averaging (48.551).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FOXF’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

Notable companies

The most notable companies in this group are AutoZone (NYSE:AZO), Advance Auto Parts (NYSE:AAP), Goodyear Tire & Rubber Company (The) (NASDAQ:GT).

Industry description

OEM or Original Equipment Manufacturer of auto parts refers to the original producer of a vehicles components, and so OEM car parts are usually identical to the parts used in producing the vehicle in the first place. OEM parts tend to fit the specifications of a particular model, and their compatibility is often guaranteed by the automaker itself. OEM parts could be more expensive to buy (compared to other vendors’ products) when a consumer goes for replacement. However, increased competition from aftermarket parts/third-party vendors could, in some cases, keep EOM prices in check. The industry might progress further in adopting newer technologies like 3D printing to boost supply chain performance and quality. Aptiv PLC, Magna International Inc. and BorgWarner Inc. are major OEMs for autos.

Market Cap

The average market capitalization across the Auto Parts: OEM Industry is 5.26B. The market cap for tickers in the group ranges from 206 to 72.43B. ORLY holds the highest valuation in this group at 72.43B. The lowest valued company is JBZY at 206.

High and low price notable news

The average weekly price growth across all stocks in the Auto Parts: OEM Industry was -1%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -1%. THRM experienced the highest price growth at 19%, while SES experienced the biggest fall at -21%.

Volume

The average weekly volume growth across all stocks in the Auto Parts: OEM Industry was 50%. For the same stocks of the Industry, the average monthly volume growth was -31% and the average quarterly volume growth was 18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 55
Price Growth Rating: 60
SMR Rating: 80
Profit Risk Rating: 87
Seasonality Score: 8 (-100 ... +100)
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FOXF
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General Information

a manufacturer of high-performance suspension products

Industry AutoPartsOEM

Profile
Details
Industry
Recreational Products
Address
2055 Sugarloaf Circle
Phone
+1 831 274-6500
Employees
3700
Web
https://www.ridefox.com
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