Analyzing Foxx Development (FOXX) and Its Competitors

Foxx Development (NASDAQ:FOXX) is one of 47 publicly-traded companies in the “CONSM PD – MISC DIS” industry, but how does it contrast to its rivals? We will compare Foxx Development to similar companies based on the strength of its profitability, risk, earnings, valuation, dividends, analyst recommendations and institutional ownership.

Valuation and Earnings

This table compares Foxx Development and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Foxx Development	N/A	-$250,000.00	-3.60
Foxx Development Competitors	$2.85 billion	$82.91 million	14.83

Foxx Development’s rivals have higher revenue and earnings than Foxx Development. Foxx Development is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Foxx Development and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Foxx Development	N/A	N/A	-17.28%
Foxx Development Competitors	-4.96%	1.02%	0.16%

Analyst Ratings

This is a breakdown of recent ratings and price targets for Foxx Development and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Foxx Development	1	0	0	0	1.00
Foxx Development Competitors	166	963	1017	31	2.42

As a group, “CONSM PD – MISC DIS” companies have a potential upside of 41.87%. Given Foxx Development’s rivals stronger consensus rating and higher possible upside, analysts clearly believe Foxx Development has less favorable growth aspects than its rivals.

Volatility and Risk

Foxx Development has a beta of -0.16, meaning that its share price is 116% less volatile than the S&P 500. Comparatively, Foxx Development’s rivals have a beta of 1.23, meaning that their average share price is 23% more volatile than the S&P 500.

Institutional & Insider Ownership

60.4% of Foxx Development shares are held by institutional investors. Comparatively, 42.0% of shares of all “CONSM PD – MISC DIS” companies are held by institutional investors. 39.8% of Foxx Development shares are held by company insiders. Comparatively, 19.4% of shares of all “CONSM PD – MISC DIS” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Foxx Development rivals beat Foxx Development on 10 of the 13 factors compared.

Foxx Development Company Profile

Foxx Development Holdings Inc. is a consumer electronics and integrated Internet-of-Things solution company catering to both retail and institutional clients. The company currently sells a diverse range of products including mobile phones, tablets and other consumer electronics devices principally in United State and is in the process of developing and distributing end-to-end communication terminals and IoT solutions. Foxx Development Holdings Inc., formerly known as Acri Capital Acquisition Corporation, is based in Austin, TX.