Fossil Group Company Profile (NASDAQ:FOSL)

About Fossil Group (NASDAQ:FOSL)

Fossil Group logoFossil Group, Inc. is a design, marketing and distribution company that specializes in consumer fashion accessories. The Company's segments include Americas, Europe and Asia. Each segment includes sales to wholesale and distributor customers, and sales through the Company-owned retail stores and e-commerce activities based on the location of the selling entity. The Americas segment includes sales to customers based in Canada, Latin America and the United States. The Europe segment includes sales to customers based in European countries, the Middle East and Africa. The Asia segment includes sales to customers based in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. The Company's principal offerings include a line of men's and women's fashion watches and jewelry, handbags, small leather goods, belts, sunglasses and soft accessories.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Textile - Apparel Footwear & Accessories
  • Sub-Industry: Apparel Accessories & Luxury Goods
  • Symbol: NASDAQ:FOSL
  • CUSIP: 34988210
  • Web:
  • Market Cap: $571.39 million
  • Outstanding Shares: 48,464,000
Average Prices:
  • 50 Day Moving Avg: $15.62
  • 200 Day Moving Avg: $22.53
  • 52 Week Range: $11.71 - $36.87
  • Trailing P/E Ratio: 23.12
  • Foreward P/E Ratio: 12.96
  • P/E Growth: 2.34
Sales & Book Value:
  • Annual Revenue: $2.96 billion
  • Price / Sales: 0.19
  • Book Value: $20.06 per share
  • Price / Book: 0.59
  • EBIDTA: $210.54 million
  • Net Margins: 3.24%
  • Return on Equity: 12.56%
  • Return on Assets: 5.27%
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 3.28%
  • Quick Ratio: 1.63%
  • Average Volume: 1.70 million shs.
  • Beta: 1.59
  • Short Ratio: 6.04

Frequently Asked Questions for Fossil Group (NASDAQ:FOSL)

What is Fossil Group's stock symbol?

Fossil Group trades on the NASDAQ under the ticker symbol "FOSL."

How were Fossil Group's earnings last quarter?

Fossil Group Inc (NASDAQ:FOSL) posted its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.21) by $0.14. The company earned $582 million during the quarter, compared to the consensus estimate of $590.51 million. Fossil Group had a net margin of 3.24% and a return on equity of 12.56%. The company's revenue for the quarter was down 11.8% on a year-over-year basis. During the same period last year, the firm posted $0.12 earnings per share. View Fossil Group's Earnings History.

What guidance has Fossil Group issued on next quarter's earnings?

Fossil Group updated its FY17 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of ($0.40)-0.30 for the period, compared to the Thomson Reuters consensus estimate of ($0.45). The company issued revenue guidance of down 1.5-6.0% to ~$2.86-3.0 billion, compared to the consensus revenue estimate of $2.93 billion.Fossil Group also updated its Q2 guidance to ($1.00)-(0.83) EPS.

Where is Fossil Group's stock going? Where will Fossil Group's stock price be in 2017?

15 brokerages have issued 12-month price objectives for Fossil Group's stock. Their predictions range from $12.00 to $42.00. On average, they expect Fossil Group's stock price to reach $19.92 in the next twelve months. View Analyst Ratings for Fossil Group.

What are analysts saying about Fossil Group stock?

Here are some recent quotes from research analysts about Fossil Group stock:

  • 1. According to Zacks Investment Research, "Estimates have been stable ahead of the first quarter 2017, after a mixed fourth quarter 2016 results, wherein Fossil delivered weaker-than-expected revenues, despite earnings beat. Year-to-date, the stock has been underperforming the Zacks Categorized industry, probably due to continued weakness in retail traffic trends and a decline in its multi-brand licensed watch portfolio, resulting from general weakness in the watches category. Unfavorable currency translations, sluggish U.S. comps are also hurting company’s growth since past many quarters. Nevertheless, the company’s product innovation and continued momentum of the Fossil brand has been driving the company’s growth. Fossil’s expansion in wearable technology further shows that there is high demand for wearables, despite the sluggish Watches category." (5/8/2017)
  • 2. Mizuho analysts commented, "After perusing FOSL's 10-K, we maintain our negative position after disappointing 2017 guide that reflects a transitional year as FOSL pursues the smart watch and wearables opportunity (placing additional pressure on SG&A from a jump in R&D). In addition to declining margins across Americas and Europe segments coupled with ongoing decline in the important Michael Kors business, FOSL will also be losing the Adidas and Burberry licenses in FY17. From a capital allocation perspective, FOSL exited FY16 with net debt position of $339mm and is restricted from any share repurchase activity. Please find key extractions from the filing below." (3/3/2017)
  • 3. Wells Fargo & Co analysts commented, "After reviewing FOSL's 10-K filing, we uncovered a few interesting details that help support our Underperform rating. Specifically, key concerns uncovered in the filing include 1) the company is now generating steep losses in the U.S. (with minimal cash domestically and little-to-no capacity to add more debt), 2) the company is losing two brands this year (previously known), but one of those brands (Adidas) is exiting the partnership nine months early (March 31st), 3) price points across much of the portfolio are coming down (particularly among licensed brands) despite the introduction of higher-priced smartwatches and 4) sales declines at the Michael Kors brand are accelerating (-16% in 2016 following -11% in 2015). All in, we believe FOSL continues to face various operational headwinds (category disintermediation, normalization of the Kors brand, BS/cash flow concerns), presenting considerable downside risk to the stock (our FY17/FY18 EPS estimates of $0.85/$1.00 are well below the Street's $0.97/$1.20 forecasts)." (3/3/2017)
  • 4. Instinet analysts commented, "After a romantic Valentine's spent deciphering guidance, we fear the pressures of selling a challenged product into a challenged channel will persist. We do wonder if the 1Q sales deceleration will prove conservative & note the flat constant FX 4Q watch performance bodes well for wearables. However, it seems the company is stuck between a fossil and a hard place, as the one category that is growing is margin dilutive and its ultimate scalability remains unproven at the same time mgmt is suggesting it will drop price to move units. Without valuation support, we remain concerned pressures will remain. On the back of earnings & the lower guide, we lower our TP to $15. FY17E EPS at $1.73; FY18E EPS at $1.95" (2/15/2017)

Are investors shorting Fossil Group?

Fossil Group saw a decrease in short interest during the month of April. As of April 28th, there was short interest totalling 10,855,304 shares, a decrease of 0.4% from the April 13th total of 10,895,474 shares. Based on an average daily trading volume, of 928,415 shares, the days-to-cover ratio is currently 11.7 days.

Who are some of Fossil Group's key competitors?

Who owns Fossil Group stock?

Fossil Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (14.99%), BlackRock Inc. (10.79%), Vanguard Group Inc. (7.55%), Dimensional Fund Advisors LP (3.62%), State Street Corp (2.29%) and C Partners Holding GmbH (1.38%). Company insiders that own Fossil Group stock include Darren E Hart, Elaine B Agather and Elysia Holt Ragusa. View Institutional Ownership Trends for Fossil Group.

Who sold Fossil Group stock? Who is selling Fossil Group stock?

Fossil Group's stock was sold by a variety of institutional investors in the last quarter, including Teachers Advisors LLC, TIAA CREF Investment Management LLC, State Street Corp, Oxford Asset Management, American International Group Inc., JPMorgan Chase & Co., Nationwide Fund Advisors and Russell Investments Group Ltd.. Company insiders that have sold Fossil Group stock in the last year include Darren E Hart and Elaine B Agather. View Insider Buying and Selling for Fossil Group.

Who bought Fossil Group stock? Who is buying Fossil Group stock?

Fossil Group's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, C Partners Holding GmbH, Vanguard Group Inc., Renaissance Technologies LLC, Gotham Asset Management LLC, Pacifica Capital Investments LLC and Prudential Financial Inc.. View Insider Buying and Selling for Fossil Group.

How do I buy Fossil Group stock?

Shares of Fossil Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Fossil Group stock cost?

One share of Fossil Group stock can currently be purchased for approximately $11.79.

Analyst Ratings

Consensus Ratings for Fossil Group (NASDAQ:FOSL) (?)
Ratings Breakdown: 4 Sell Ratings, 9 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.87)
Consensus Price Target: $19.92 (68.93% upside)

Analysts' Ratings History for Fossil Group (NASDAQ:FOSL)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017NomuraReiterated RatingHold$13.00LowView Rating Details
5/10/2017Wells Fargo & CoSet Price TargetSell$12.00HighView Rating Details
5/10/2017InstinetLower Price TargetNeutral$15.00 -> $13.00HighView Rating Details
5/10/2017Cowen and CompanyLower Price TargetMarket Perform$15.00 -> $12.00HighView Rating Details
5/10/2017Telsey Advisory GroupLower Price TargetMarket Perform -> Market Perform$23.00 -> $16.00HighView Rating Details
5/2/2017Jefferies Group LLCReiterated RatingHold$19.00LowView Rating Details
3/16/2017Oppenheimer Holdings Inc.Reiterated RatingHoldLowView Rating Details
3/3/2017MizuhoReiterated RatingUnderperform$17.00N/AView Rating Details
3/3/2017MacquarieLower Price TargetUnderperform -> Underperform$16.00 -> $12.00N/AView Rating Details
2/16/2017Piper Jaffray CompaniesReiterated RatingNeutral$32.00 -> $18.00N/AView Rating Details
2/1/2017Evercore ISIDowngradeBuy -> HoldN/AView Rating Details
12/28/2016KeyCorpReiterated RatingOverweight$42.00N/AView Rating Details
11/16/2016Pacific CrestUpgradeUnderweight -> Overweight$42.00N/AView Rating Details
11/1/2016OTR GlobalUpgradeNeutralN/AView Rating Details
10/26/2016Buckingham ResearchInitiated CoverageUnderperform$23.00N/AView Rating Details
5/13/2016S&P Equity ResearchDowngradeBuy -> Strong Sell$22.00N/AView Rating Details
5/11/2016Bank of America CorpReiterated RatingSell$20.00N/AView Rating Details
5/11/2016Topeka Capital MarketsLower Price TargetBuy$60.00 -> $44.00N/AView Rating Details
2/18/2016Standpoint ResearchDowngradeBuy -> HoldN/AView Rating Details
2/17/2016StephensReiterated RatingHoldN/AView Rating Details
12/18/2015Goldman Sachs Group IncDowngradeNeutral -> Sell$26.00N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Fossil Group (NASDAQ:FOSL)
Earnings by Quarter for Fossil Group (NASDAQ:FOSL)
Earnings History by Quarter for Fossil Group (NASDAQ:FOSL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017($0.21)($0.35)$590.51 million$582.00 millionViewListenView Earnings Details
2/14/2017Q416$1.21$1.03$977.13 million$959.00 millionViewListenView Earnings Details
11/3/2016Q316$0.31$0.36$739.12 million$738.00 millionViewN/AView Earnings Details
8/9/2016Q216$0.09$0.12$670.97 million$685.00 millionViewN/AView Earnings Details
5/10/2016Q116$0.15$0.12$666.36 million$659.80 millionViewListenView Earnings Details
2/16/2016Q415$1.30$1.46$927.11 million$992.30 millionViewListenView Earnings Details
11/12/2015Q315$1.13$1.19$793.72 million$771.00 millionViewListenView Earnings Details
8/11/2015Q215$0.82$1.12$749.38 million$740.00 millionViewListenView Earnings Details
5/5/2015Q115$0.64$0.75$732.00 million$725.00 millionViewN/AView Earnings Details
2/17/2015Q414$3.07$3.00$1.12 billion$1.07 billionViewN/AView Earnings Details
11/11/2014Q314$1.82$1.96$878.51 million$894.50 millionViewN/AView Earnings Details
8/12/2014Q214$0.96$0.98$771.01 million$773.80 millionViewListenView Earnings Details
5/13/2014Q114$1.17$1.22$771.55 million$776.50 millionViewListenView Earnings Details
2/11/2014Q413$2.44$2.68$1.02 billion$1.06 billionViewListenView Earnings Details
11/5/2013Q313$1.36$1.58$772.46 million$810.00 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.93$1.10$691.20 million$706.00 millionViewListenView Earnings Details
5/7/2013Q1 2013$0.97$1.10$650.99 million$680.90 millionViewN/AView Earnings Details
2/12/2013Q4 2012$2.26$2.27$930.43 million$948.00 millionViewListenView Earnings Details
11/6/2012Q312$1.17$1.26$713.09 million$684.20 millionViewN/AView Earnings Details
8/7/2012$0.79$0.92ViewN/AView Earnings Details
5/8/2012$0.92$0.93ViewN/AView Earnings Details
2/14/2012$1.77$1.87ViewN/AView Earnings Details
11/8/2011$1.03$1.09ViewN/AView Earnings Details
8/9/2011$0.76$0.80ViewN/AView Earnings Details
5/10/2011$0.66$0.86ViewN/AView Earnings Details
2/15/2011$1.35$1.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Fossil Group (NASDAQ:FOSL)
2017 EPS Consensus Estimate: $1.17
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.24)($0.15)($0.19)
Q2 20173($0.30)($0.18)($0.24)
Q3 20173$0.20$0.30$0.24
Q4 20173$1.26$1.48$1.35
(Data provided by Zacks Investment Research)


Dividend History for Fossil Group (NASDAQ:FOSL)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Fossil Group (NASDAQ:FOSL)
Insider Ownership Percentage: 13.80%
Institutional Ownership Percentage: 95.01%
Insider Trades by Quarter for Fossil Group (NASDAQ:FOSL)
Institutional Ownership by Quarter for Fossil Group (NASDAQ:FOSL)
Insider Trades by Quarter for Fossil Group (NASDAQ:FOSL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2016Elaine B. AgatherDirectorSell1,800$31.77$57,186.00View SEC Filing  
12/9/2016Darren E. HartInsiderSell13,125$34.42$451,762.50View SEC Filing  
12/8/2015Elysia Holt RagusaDirectorSell2,718$37.07$100,756.26View SEC Filing  
12/15/2014Jal S ShroffDirectorSell10,000$106.38$1,063,800.00View SEC Filing  
12/10/2014Jal S ShroffDirectorSell20,000$107.37$2,147,400.00View SEC Filing  
11/24/2014Jeffrey N BoyerDirectorSell15,000$110.02$1,650,300.00View SEC Filing  
8/27/2014Elaine B AgatherDirectorSell2,500$102.54$256,350.00View SEC Filing  
8/21/2014Jennifer PritchardInsiderSell5,539$100.00$553,900.00View SEC Filing  
3/17/2014Darren HartEVPSell2,198$112.89$248,132.22View SEC Filing  
3/5/2014Mark QuickDirectorSell1,471$113.11$166,384.81View SEC Filing  
12/11/2013Jal ShroffDirectorSell12,762$122.41$1,562,196.42View SEC Filing  
12/2/2013Jal ShroffDirectorSell7,238$126.57$916,113.66View SEC Filing  
9/25/2013Jal ShroffDirectorSell15,000$117.12$1,756,800.00View SEC Filing  
9/18/2013Mark QuickDirectorSell4,000$114.33$457,320.00View SEC Filing  
9/11/2013Jal S ShroffDirectorSell15,000$113.86$1,707,900.00View SEC Filing  
8/13/2013Jal ShroffDirectorSell4,456$120.08$535,076.48View SEC Filing  
8/8/2013Darren HartEVPSell1,040$121.25$126,100.00View SEC Filing  
6/10/2013James M ZimmermanDirectorSell1,250$105.38$131,725.00View SEC Filing  
5/28/2013Darren E HartEVPSell1,641$106.45$174,684.45View SEC Filing  
5/28/2013Jennifer PritchardInsiderSell6,692$107.75$721,063.00View SEC Filing  
5/23/2013Donald J StoneDirectorSell10,000$105.08$1,050,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Fossil Group (NASDAQ:FOSL)
Latest Headlines for Fossil Group (NASDAQ:FOSL)
DateHeadline logoWatches Are Back in Style, but This Watchmaker Is Not - May 25 at 7:01 PM logoFossil Group Inc (FOSL) Given Average Rating of "Hold" by Brokerages - May 23 at 8:22 PM logoWhat Makes Fossil Group (FOSL) a Strong Sell? - May 23 at 11:56 AM logoFossil Group Inc (FOSL) Short Interest Update - May 22 at 2:46 PM logoGap CEO Peck: 'We Still Have a Lot of Work to Do' - May 19 at 7:28 AM logoAnalyst: Fossil on Cusp of 'Point of No Return’ - May 16 at 5:12 PM logoETFs with exposure to Fossil Group, Inc. : May 16, 2017 - May 16 at 5:12 PM logoFossil Group, Inc. :FOSL-US: Earnings Analysis: Q1, 2017 By the Numbers : May 15, 2017 - May 15 at 4:54 PM logoTelsey Advisory Group Lowers Fossil Group Inc (FOSL) Price Target to $16.00 - May 14 at 8:22 PM logoFossil Group Inc (FOSL) PT Set at $12.00 by Wells Fargo & Co - May 13 at 5:14 PM logoFossil Group Inc (FOSL) Stock Rating Reaffirmed by Nomura - May 13 at 3:22 PM logoAre Options Traders Betting on a Big Move in Fossil Group (FOSL) Stock? - Nasdaq - May 12 at 10:53 PM logoFOSSIL (FOSL) ALERT: Shareholder Rights Law Firm J&W Investigates Fossil Group, Inc.; Encourages Investors to Contact the Firm - May 12 at 5:51 PM logoSHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Fossil Group, Inc. - May 12 at 5:51 PM logoQ2 2017 EPS Estimates for Fossil Group Inc (FOSL) Cut by KeyCorp - May 12 at 10:21 AM logoQ2 2017 EPS Estimates for Fossil Group Inc (FOSL) Reduced by Analyst - May 12 at 10:20 AM logoToday’s Research Reports on Stocks to Watch: SodaStream and Fossil - May 11 at 5:52 PM logoFossil Group, Inc. breached its 50 day moving average in a Bearish Manner : FOSL-US : May 11, 2017 - May 11 at 5:52 PM logoAre Options Traders Betting on a Big Move in Fossil Group (FOSL) Stock? - May 11 at 5:52 PM logoStock Market News for May 11, 2017 - May 11 at 5:52 PM logoFossil Group Inc (FOSL) Rating Lowered to Sell at TheStreet - May 11 at 10:32 AM logoQ3 2017 Earnings Forecast for Fossil Group Inc (FOSL) Issued By Jefferies Group - May 11 at 10:04 AM logoQ3 2017 Earnings Estimate for Fossil Group Inc (FOSL) Issued By KeyCorp - May 11 at 10:04 AM logoFossil Group Inc (FOSL) Announces Earnings Results - May 11 at 12:44 AM logoFossil Group Inc (FOSL) Stock Gets the Scythe After Q1 Loss - - May 10 at 10:24 PM logoFossil Group Inc (FOSL) Given "Neutral" Rating at Instinet - May 10 at 8:20 PM logoPCLN, FOSL and YELP stock never even had a prayer of making bullish progress on Wednesday - May 10 at 5:23 PM logoFossil (FOSL) Q1 Loss Wider than Expected, Revenues Miss - May 10 at 5:23 PM logoFossil: The Four Horseman of This Apocalypse - May 10 at 5:23 PM logoFossil shares plummet after sales of wearables fail to offset declines elsewhere - May 10 at 5:23 PM logoFossil is getting creamed after missing big on earnings - May 10 at 5:23 PM logoEdited Transcript of FOSL earnings conference call or presentation 9-May-17 8:30pm GMT - May 10 at 5:23 PM logoFossil shares plunge as Apple Watch kills traditional watch market - May 10 at 5:23 PM logoMid-Afternoon Market Update: Dow Falls 50 Points; Fossil Shares Slide After Disappointing Results - May 10 at 3:46 PM logoFossil Group Inc (FOSL) Receives Market Perform Rating from Cowen and Company - May 10 at 3:26 PM logoOuch! Why Fossil Group, Inc. Stock Plummeted Today - May 10 at 1:40 PM logoFossil Group (FOSL) Q1 2017 Results - Earnings Call Transcript - May 10 at 9:31 AM logoFossil Group shares plummet after results, outlook miss Street view - May 10 at 9:31 AM logoShares of Fossil (FOSL) Plummet 16% on Q1 Earnings, Revenue Miss - May 10 at 9:31 AM logoFossil Starts 2017 With Big Sales Declines, Larger Losses - May 10 at 9:31 AM logoMorning Movers: Disney Drops, Fossil Flops, U.S. Steel Slips - May 10 at 9:31 AM logoFossil Group Inc (FOSL) Stock Gets the Scythe After Q1 Loss - May 10 at 7:39 AM logoFossil Group Inc (FOSL) Issues Q2 Earnings Guidance - May 9 at 6:24 PM logoFossil Group Inc (FOSL) Updates FY17 Earnings Guidance - May 9 at 6:24 PM logoFossil Group, Inc. Reports First Quarter Fiscal Year 2017 Results - May 9 at 5:07 PM logoFossil Group Updates 2017 GAAP Guidance - Quick Facts - May 9 at 5:07 PM logoFossil Group, Inc.  Reports First Quarter Fiscal Year 2017 Results - May 9 at 5:07 PM logoFossil Group reports 1Q loss - May 9 at 5:07 PM logoFossil's Stock Is Getting Obliterated - Here's What Just Happened - May 9 at 5:07 PM logo4 Key Points Will Determine How This Year Goes For Fossil Group - May 8 at 5:05 PM



Fossil Group (FOSL) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff