Fox Factory Holding (FOXF) Tops Q4 EPS by 3c; Guides FY16

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Fox Factory Holding (FOXF) Beats On Strength in Both Segments - PiperJaffray

March 1, 2016 7:55 AM EST

Piper Jaffray analyst, Jonathan Berg, raised his PT on Fox Factory Holding (NASDAQ: FOXF) to $20 from $17 following 4Q results that topped expectations. The analyst already has an Outperform rating on the stock but the increase earnings estimate brings the PT up.

2016 top line growth may slow from recent years, partially due to fewer acquisitions, but an acceleration in sales and earnings in 2017 is expected. The main drivers of the acceleration should... More