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NFL football helmets are seen on display in Tampa, Florida, U.S., February 3, 2021. REUTERS/Eve Edelheit/File Photo Acquire Licensing RightsNov 6 (Reuters) - U.S. maker of football helmets and gear Riddell is exploring a sale, the company told Reuters, in a deal that could value it at around $800 million, people familiar with the matter said. Riddell was founded in 1929 by John T. Riddell who invented gear such as removable football cleats and plastic helmet shells. Fenway Partners acquired Riddell Sports Group in 2003 and combined it with Bell Sports in 2004. In 2014, Fenway again changed the company's name to BRG Sports for its core Bell, Riddell and Giro brands and sold its Easton baseball and softball business to Bauer Performance Sports.

Persons: Eve Edelheit, Riddell, Robert W, Baird, John T, Abigail Summerville, Rod Nickel Organizations: REUTERS, Reuters, National Football League, UBS Group, Co, Fenway Partners, Riddell Sports Group, Bell Sports, Easton Sports, Fenway, Sports, Bell, Giro, Easton, Bauer Performance Sports, Vista, Blackburn, BRG Sports, Marucci Sports, Fox Factory Holding, Thomson Locations: Tampa , Florida, U.S, Easton, Bell, New York

☆ This little-known maker of mountain bike parts has a history of outperforming during recessions
▼ + stars: | 2023-09-27 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Fox Factory is known for making a wide range of products used in everything from bikes to off-road vehicles to trucks. "But at the same time, that's actually the consumer that's most resilient. The higher-income and enthusiastic consumer Analysts highlighted two qualities in Fox's consumer base that help the company weather a broader economic downturn. The company's "sticky" consumer base caught the attention of Motley Fool Asset Management's Shelby McFaddin, whose Small-Cap Growth ETF (TMFS) contains the stock. It's the largest competitor in the business of bike suspensions, which are typically used on mountain bikes to help mitigate rough terrain.

Persons: Riley, Anna Glaessgen, that's, they're, Michael Swartz, shutdowns, Riley's Glaessgen, Fox, Shelby McFaddin, McFaddin, Glaessgen, Truist's Swartz, Swartz, it's Organizations: Fox Factory, Growth, Consumers, Fox, Street, Ford, United Auto Workers, UAW

Analysts are also bullish on the stock, with 14 out of 15 analysts covering the company rating it a buy or strong buy, according to Refinitiv data. Seven out of nine analysts covering the stock rate it a strong buy or buy. Analysts are also bullish on the stock, with 14 out of 15 analysts covering the company rating it a buy or strong buy, according to Refinitiv data. Seven out of nine analysts covering the stock rate it a strong buy or buy. Kennametal Inc KMT ANALYST CONSENSUS 10 Ratings Hold 1 Strong Buy 1 Strong Buy 0 Buy 0 Buy 6 Hold 6 Hold 3 Underperform 3 Underperform 0 Sell 0 Sell Current Price ( ) 35.00 Highest Price Target Upside (6.07%) 27.44 Average Price Target 19.00 Lowest Price Target

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