Strength Seen in Fox Factory Holding (FOXF): Can Its 19.6% Jump Turn into More Strength?

Company Overview - Fox Factory Holding (FOXF) shares increased by 19.6% to $21.97 in the last trading session, following a period of 25.8% loss over the past four weeks, indicating a significant rebound in stock performance [1][2] Market Context - The surge in Fox Factory's stock is attributed to a broader market rebound after the Trump administration announced a temporary halt on reciprocal tariffs for most countries, which alleviated fears of a recession due to potential tariff increases [2] Earnings Expectations - Fox Factory is expected to report quarterly earnings of $0.22 per share, reflecting a year-over-year decline of 24.1%. Revenue is projected to be $328.55 million, down 1.5% from the same quarter last year [3] - The consensus EPS estimate for Fox Factory has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Comparison - Fox Factory Holding is part of the Zacks Automotive - Domestic industry, where Lucid Group (LCID) also operates. Lucid Group's stock closed 9.9% higher at $2.55, with an 11% return over the past month [4] - Lucid Group's consensus EPS estimate has increased by 10.7% over the past month to -$0.22, representing a 26.7% change from the previous year [5]