Michael Dennison - Fox Factory CEO Director

FOXF Stock  USD 32.43  0.21  0.65%   

CEO

Mr. Michael C. Dennison was appointed as Chief Executive Officer, Director of the company, Effective June 29, 2019. and is no longer as Independent Director of the Company. Effective June 29, 2019. Mr. Dennison was brought to the Boards attention as a potential director candidate through the professional networks of the Company Chief Executive Officer and Board of Directors. Mr. Dennison has more than 25 years of consumer technology and business management experience focused on driving strategy, transformation and scale. He is currently the President of the Consumer Technologies Group at Flex, the SketchtoScale solutions provider that designs and builds Intelligent Products for a Connected World. Since joining Flex in 1999, Mr. Dennison has served in a number of leadership roles, from leading procurement and global supply chain organizations for the company, to serving as Senior Vice President of Business Management for both the HighVelocity Solutions group, and the Mobile and Consumer Segment. Prior to joining Flex, he was the Regional Director at Arrow Electronics, based in New York since 2019.
Age 56
Tenure 5 years
Address 2055 Sugarloaf Circle, Duluth, GA, United States, 30097
Phone831 274 6500
Webhttps://www.ridefox.com
Dennison holds a BA in liberal arts from Oregon State University.

Fox Factory Management Efficiency

The company has return on total asset (ROA) of 0.0219 % which means that it generated a profit of $0.0219 on every $100 spent on assets. This is way below average. Fox Factory's management efficiency ratios could be used to measure how well Fox Factory manages its routine affairs as well as how well it operates its assets and liabilities. The Fox Factory's current Return On Tangible Assets is estimated to increase to 0.20. The Fox Factory's current Return On Capital Employed is estimated to increase to 0.21. At this time, Fox Factory's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Fox Factory's current Other Assets is estimated to increase to about 75.2 M, while Debt To Assets are projected to decrease to 0.16.
Fox Factory Holding currently holds 757.64 M in liabilities with Debt to Equity (D/E) ratio of 0.45, which is about average as compared to similar companies. Fox Factory Holding has a current ratio of 3.31, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Fox Factory's use of debt, we should always consider it together with its cash and equity.

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Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. Fox Factory Holding Corp. was incorporated in 2007 and is headquartered in Duluth, Georgia. Fox Factory operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 4200 people. Fox Factory Holding (FOXF) is traded on NASDAQ Exchange in USA. It is located in 2055 Sugarloaf Circle, Duluth, GA, United States, 30097 and employs 4,300 people. Fox Factory is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Fox Factory Holding Leadership Team

Elected by the shareholders, the Fox Factory's board of directors comprises two types of representatives: Fox Factory inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fox. The board's role is to monitor Fox Factory's management team and ensure that shareholders' interests are well served. Fox Factory's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fox Factory's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brendan Enick, Chief Treasurer
Toby Merchant, Chief Officer
Michael Dennison, CEO Director
Vivek Bhakuni, Director Development
Paul Stecher, President Officer
Dale Silvia, Chief Officer
Michael Swartz, Director Bank
Christopher Tutton, President - Specialty Sports Group
Scott Humphrey, CFO Treasurer
Janet Wong, Chief Officer
John Blocher, Senior Controller
Jacqueline Martin, Chief Officer
Thomas Fletcher, President Group
Dennis Schemm, Chief Officer

Fox Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fox Factory a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
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Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fox Factory. If investors know Fox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fox Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
0.26
Revenue Per Share
32.862
Quarterly Revenue Growth
0.085
Return On Assets
0.0219
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.