Q1 EPS Estimates for Fossil Group Reduced by Analyst

Key Points

• Northland Securities lowered Fossil Group’s Q1 2027 EPS estimate to $0.10 from $0.13, while forecasting $0.45 in full-year 2027 EPS.
• Fossil Group’s latest quarterly results exceeded expectations, with an adjusted loss of $0.13 per share versus the consensus loss estimate of $0.29 and revenue of $209.69 million versus $199.33 million expected.
• Analyst sentiment remains mixed, with the stock carrying an average “Hold” rating and a consensus price target of $7.50; shares recently opened at $5.58.

Fossil Group, Inc. (NASDAQ:FOSL - Free Report) - Northland Securities lowered their Q1 2027 earnings estimates for shares of Fossil Group in a note issued to investors on Thursday, August 13th. Northland Securities analyst O. Rickert now anticipates that the accessories brand company will post earnings per share of $0.10 for the quarter, down from their previous estimate of $0.13. The consensus estimate for Fossil Group's current full-year earnings is ($0.15) per share. Northland Securities also issued estimates for Fossil Group's Q2 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.12 EPS, Q4 2027 earnings at $0.15 EPS and FY2027 earnings at $0.45 EPS.

Fossil Group (NASDAQ:FOSL - Get Free Report) last released its earnings results on Wednesday, August 12th. The accessories brand company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.29) by $0.16. Fossil Group had a negative return on equity of 57.29% and a negative net margin of 7.09%.The firm had revenue of $209.69 million during the quarter, compared to analysts' expectations of $199.33 million.

A number of other equities research analysts have also recently issued reports on FOSL. Wall Street Zen raised shares of Fossil Group from a "sell" rating to a "hold" rating in a report on Saturday, May 16th. Weiss Ratings reissued a "sell (d-)" rating on shares of Fossil Group in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $7.50.

Fossil Group Price Performance

NASDAQ:FOSL opened at $5.58 on Friday. The stock's 50-day simple moving average is $4.46 and its 200 day simple moving average is $4.39. Fossil Group has a 52-week low of $1.70 and a 52-week high of $6.25. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.10 and a current ratio of 1.72. The company has a market cap of $329.78 million, a P/E ratio of -4.36 and a beta of 1.62.

Insider Activity

In related news, Director Wendy Lee Schoppert bought 24,331 shares of Fossil Group stock in a transaction dated Monday, May 18th. The shares were bought at an average cost of $4.14 per share, with a total value of $100,730.34. Following the acquisition, the director owned 120,625 shares in the company, valued at $499,387.50. This trade represents a 25.27% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 2.90% of the company's stock.

Institutional Investors Weigh In On Fossil Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Wexford Capital LP acquired a new stake in Fossil Group during the third quarter worth about $28,000. Carrera Capital Advisors acquired a new position in shares of Fossil Group in the 4th quarter valued at approximately $38,000. Qube Research & Technologies Ltd acquired a new position in shares of Fossil Group in the 3rd quarter valued at approximately $39,000. Texas Capital Bank Wealth Management Services Inc bought a new stake in shares of Fossil Group during the 3rd quarter worth approximately $45,000. Finally, Jane Street Group LLC lifted its holdings in shares of Fossil Group by 93.1% during the 1st quarter. Jane Street Group LLC now owns 42,584 shares of the accessories brand company's stock worth $49,000 after acquiring an additional 20,530 shares during the period. Institutional investors own 61.14% of the company's stock.

About Fossil Group

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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