Foxx Development (NASDAQ:FOXX – Get Free Report) is one of 47 public companies in the “CONSM PD – MISC DIS” industry, but how does it weigh in compared to its peers? We will compare Foxx Development to related companies based on the strength of its risk, profitability, earnings, institutional ownership, dividends, analyst recommendations and valuation.
Profitability
This table compares Foxx Development and its peers’ 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% |
Insider & Institutional Ownership
60.4% of Foxx Development shares are held by institutional investors. Comparatively, 40.3% 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, 22.3% of shares of all “CONSM PD – MISC DIS” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Valuation & Earnings
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Foxx Development | $65.92 million | -$9.02 million | -2.69 |
| Foxx Development Competitors | $2.77 billion | $80.45 million | 14.57 |
Foxx Development’s peers have higher revenue and earnings than Foxx Development. Foxx Development is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Risk & Volatility
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 peers have a beta of 1.23, meaning that their average share price is 23% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of current recommendations for Foxx Development and its peers, 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 | 173 | 969 | 1019 | 34 | 2.42 |
As a group, “CONSM PD – MISC DIS” companies have a potential upside of 36.48%. Given Foxx Development’s peers stronger consensus rating and higher possible upside, analysts plainly believe Foxx Development has less favorable growth aspects than its peers.
Summary
Foxx Development peers beat Foxx Development on 11 of the 13 factors compared.
About Foxx Development
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.
Receive News & Ratings for Foxx Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Foxx Development and related companies with MarketBeat.com's FREE daily email newsletter.
