Fossil Group, Inc. (NASDAQ:FOSL - Free Report) - Stock analysts at Northland Securities boosted their Q3 2026 earnings per share (EPS) estimates for shares of Fossil Group in a research report issued on Thursday, August 13th. Northland Securities analyst O. Rickert now forecasts that the accessories brand company will post earnings of $0.03 per share for the quarter, up from their previous forecast of $0.02. 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 Q4 2026 earnings at $0.13 EPS and FY2026 earnings at ($0.04) EPS.
Several other research analysts also recently weighed in on the company. Wall Street Zen raised Fossil Group from a "sell" rating to a "hold" rating in a research note on Saturday, May 16th. Weiss Ratings reissued a "sell (d-)" rating on shares of Fossil Group in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $7.50.
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Fossil Group Price Performance
Shares of FOSL opened at $5.57 on Monday. The firm has a market cap of $315.48 million, a P/E ratio of -4.35 and a beta of 1.62. Fossil Group has a 12 month low of $1.70 and a 12 month high of $6.25. The stock's 50 day moving average is $4.50 and its two-hundred day moving average is $4.40. The company has a current ratio of 1.76, a quick ratio of 1.05 and a debt-to-equity ratio of 2.74.
Fossil Group (NASDAQ:FOSL - Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The accessories brand company reported ($0.13) earnings per share for the quarter, topping analysts' consensus estimates of ($0.29) by $0.16. The company had revenue of $209.69 million during the quarter, compared to analysts' expectations of $199.33 million. Fossil Group had a negative return on equity of 59.76% and a negative net margin of 7.09%.
Institutional Investors Weigh In On Fossil Group
Large investors have recently bought and sold shares of the company. Carrera Capital Advisors acquired a new position in shares of Fossil Group during the fourth quarter valued at approximately $38,000. Wexford Capital LP purchased a new stake in shares of Fossil Group during the third quarter worth approximately $28,000. Qube Research & Technologies Ltd purchased a new stake in shares of Fossil Group during the third quarter worth approximately $39,000. The Manufacturers Life Insurance Company acquired a new position in Fossil Group in the 2nd quarter valued at $64,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Fossil Group in the 4th quarter valued at $63,000. 61.14% of the stock is currently owned by hedge funds and other institutional investors.
About Fossil Group
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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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