Fox Factory Holding (FOXF) Catches Eye: Stock Jumps 5.3%

Zacks

Fox Factory Holding Corp. FOXF was a big mover last session, as the company saw its shares rise above 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $17.15–$18.07 in the past one-month time frame.

In the last 30 days, the company has seen seven upward estimate revisions and the Zacks Consensus Estimate also moved higher, suggesting that more solid trading could be ahead for Fox Factory Holding. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Fox Factory Holding currently has a Zacks Rank #2 (Buy), while its Earnings ESP is negative.

Another favorably-placed domestic auto stock is General Motors Company GM, which holds the same Zacks Rank as Fox Factory Holding.

Is FOXF going up? Or down? Predict to see what others think: Up or Down

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