Q2 EPS Forecast for Fossil Group Raised by Analyst

Key Points

• Northland Securities raised its Q2 2027 EPS forecast for Fossil Group to $0.11 from $0.08, and estimates $0.17 EPS for each of Q3 and Q4 2027.
• Fossil reported quarterly EPS of $0.19 and revenue of $271.2 million, beating analyst expectations; sales grew year over year for the first time in four years.
• Shares opened at $9.97 after a reported 26.7% gain. Analysts’ average rating is “Moderate Buy,” with an average price target of $9.25.

Fossil Group, Inc. (NASDAQ:FOSL - Free Report) - Analysts at Northland Securities upped their Q2 2027 earnings estimates for Fossil Group in a report released on Tuesday, November 10th. Northland Securities analyst O. Rickert now expects that the accessories brand company will earn $0.11 per share for the quarter, up from their prior forecast of $0.08. The consensus estimate for Fossil Group's current full-year earnings is ($0.04) per share. Northland Securities also issued estimates for Fossil Group's Q3 2027 earnings at $0.17 EPS, Q4 2027 earnings at $0.17 EPS and FY2027 earnings at $0.58 EPS.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Fossil Group in a research note on Thursday, October 15th. Craig Hallum assumed coverage on shares of Fossil Group in a research note on Thursday, September 10th. They issued a "buy" rating and a $12.00 price target on the stock. Finally, Lake Street Capital assumed coverage on Fossil Group in a report on Wednesday, October 7th. They set a "buy" rating and a $10.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Fossil Group presently has an average rating of "Moderate Buy" and an average price target of $9.25.

Fossil Group Stock Up 26.7%

Fossil Group stock opened at $9.97 on Thursday. Fossil Group has a twelve month low of $1.70 and a twelve month high of $10.55. The company has a debt-to-equity ratio of 2.74, a quick ratio of 1.05 and a current ratio of 1.76. The firm has a market cap of $589.61 million, a PE ratio of -30.21 and a beta of 1.61. The firm's 50 day moving average price is $6.47 and its two-hundred day moving average price is $4.98.

Fossil Group (NASDAQ:FOSL - Get Free Report) last announced its quarterly earnings data on Tuesday, November 10th. The accessories brand company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of ($0.04) by $0.23. Fossil Group had a negative net margin of 1.86% and a negative return on equity of 7.75%. The firm had revenue of $271.20 million for the quarter, compared to the consensus estimate of $248.66 million. During the same period in the previous year, the firm posted ($0.76) earnings per share.

Institutional Trading of Fossil Group

Institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio bought a new stake in Fossil Group in the second quarter worth approximately $34,000. The Manufacturers Life Insurance Company bought a new position in shares of Fossil Group during the 2nd quarter valued at $64,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Fossil Group in the 2nd quarter valued at $73,000. State of Wyoming acquired a new stake in shares of Fossil Group in the 2nd quarter valued at $101,000. Finally, HB Wealth Management LLC bought a new stake in Fossil Group in the first quarter worth $123,000. 61.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Fossil Group

In other news, Director Pamela J. Edwards acquired 7,208 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The shares were purchased at an average price of $5.58 per share, for a total transaction of $40,220.64. Following the completion of the acquisition, the director owned 50,251 shares of the company's stock, valued at approximately $280,400.58. This represents a 16.75% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.80% of the company's stock.

Top Fossil Group Stories

Investors following FOSL have been watching these stories:

• Positive Sentiment: Fossil reported third-quarter earnings of $0.19 per share and revenue of about $271 million, beating analyst expectations. Sales increased 0.4% year over year, or 2% on a constant-currency basis—the company’s first return to sales growth in four years. Fossil Group Q3 results
• Positive Sentiment: Trading coverage reported unusually heavy call-option activity as the shares reached a four-year high, reflecting heightened bullish interest after the earnings news. Fossil stock and options activity
• Neutral Sentiment: Fossil was among stocks advancing during a broader market rally, so general market strength may also have helped support the shares. Market rally coverage

About Fossil Group

Fossil Group designs, develops, markets and distributes fashion accessories, including watches, handbags, small leather goods, jewelry and other accessories. Its products are sold under company-owned brands such as Fossil, Skagen, Michele and Zodiac, as well as through licensing agreements with third-party brands. Founded in 1984, the company has built its business around combining watchmaking with fashion-oriented design. It serves customers internationally through wholesale partners, retail stores and online channels.

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