Northland Securities Comments on Fossil Group Q1 Earnings

Key Points

• Northland Securities sharply cut its Q1 2026 EPS estimate for Fossil to ($0.22) from ($0.01) but kept an "Outperform" rating and a $7.00 price target, projecting FY2026 EPS of ($0.33) and FY2027 EPS of $0.39.
• Fossil reported ($0.15) EPS on March 11, missing the $0.02 consensus while revenue beat at $280.5M; shares trade near $4.07 with a market-cap around $237M and a consensus analyst rating of "Hold" with a $7.00 target.
• The company shows strained fundamentals with a negative return on equity (-46.78%), a negative net margin (-7.81%) and a high debt-to-equity ratio (2.00), despite significant institutional ownership (~61%).

Fossil Group, Inc. (NASDAQ:FOSL - Free Report) - Investment analysts at Northland Securities reduced their Q1 2026 EPS estimates for shares of Fossil Group in a research report issued to clients and investors on Monday, March 23rd. Northland Securities analyst O. Rickert now anticipates that the accessories brand company will post earnings per share of ($0.22) for the quarter, down from their previous estimate of ($0.01). Northland Securities currently has a "Outperform" rating and a $7.00 price target on the stock. Northland Securities also issued estimates for Fossil Group's Q2 2026 earnings at ($0.15) EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at ($0.05) EPS, FY2026 earnings at ($0.33) EPS, Q1 2027 earnings at $0.07 EPS, Q3 2027 earnings at $0.12 EPS, Q4 2027 earnings at $0.13 EPS and FY2027 earnings at $0.39 EPS.

A number of other equities research analysts have also weighed in on FOSL. Wall Street Zen lowered Fossil Group from a "hold" rating to a "sell" rating in a research note on Saturday. Zacks Research upgraded Fossil Group to a "hold" rating in a research report on Friday, February 20th. Maxim Group boosted their price objective on Fossil Group from $5.00 to $7.00 and gave the company a "buy" rating in a research report on Thursday, March 12th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Fossil Group in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $7.00.

Fossil Group Stock Up 0.7%

Shares of NASDAQ:FOSL opened at $4.07 on Wednesday. The stock has a market capitalization of $237.48 million, a P/E ratio of -2.79 and a beta of 1.68. The stock's 50-day moving average price is $4.07 and its 200-day moving average price is $3.34. The company has a current ratio of 1.55, a quick ratio of 1.05 and a debt-to-equity ratio of 2.00. Fossil Group has a 12-month low of $0.86 and a 12-month high of $5.00.

Fossil Group (NASDAQ:FOSL - Get Free Report) last issued its earnings results on Wednesday, March 11th. The accessories brand company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.17). Fossil Group had a negative return on equity of 46.78% and a negative net margin of 7.81%.The business had revenue of $280.52 million during the quarter, compared to analysts' expectations of $249.28 million.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FOSL. Carrera Capital Advisors bought a new position in Fossil Group in the 4th quarter worth $38,000. Wexford Capital LP bought a new stake in shares of Fossil Group during the 3rd quarter valued at about $28,000. EHP Funds Inc. bought a new stake in shares of Fossil Group during the 3rd quarter valued at about $28,000. Qube Research & Technologies Ltd purchased a new position in shares of Fossil Group during the third quarter valued at about $39,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Fossil Group during the fourth quarter valued at about $63,000. 61.14% of the stock is owned by hedge funds and other institutional investors.

Fossil Group Company Profile

Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.

The group's wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.

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