Foxx Development (FOXX) versus Its Peers Critical Comparison

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

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	-13.69%	N/A	-25.71%
Foxx Development Competitors	-4.98%	0.78%	0.09%

Analyst Recommendations

This is a summary of recent ratings and target prices for Foxx Development and its rivals, as reported 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	964	1017	31	2.42

As a group, “CONSM PD – MISC DIS” companies have a potential upside of 38.53%. Given Foxx Development’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Foxx Development has less favorable growth aspects than its rivals.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Foxx Development	$65.92 million	-$9.02 million	-2.44
Foxx Development Competitors	$2.84 billion	$80.45 million	14.58

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.

Institutional & Insider Ownership

60.4% of Foxx Development shares are owned by institutional investors. Comparatively, 40.3% of shares of all “CONSM PD – MISC DIS” companies are owned by institutional investors. 39.8% of Foxx Development shares are owned by insiders. Comparatively, 22.1% of shares of all “CONSM PD – MISC DIS” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Volatility & Risk

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

Summary

Foxx Development rivals beat Foxx Development on 11 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.