Fossil Group (FOSL) Stock Forecast, Price & News

Fossil Group's stock was trading at $4.31 at the beginning of 2023. Since then, FOSL stock has decreased by 46.6% and is now trading at $2.30.
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Fossil Group saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,460,000 shares, a drop of 8.8% from the April 30th total of 1,600,000 shares. Based on an average trading volume of 640,000 shares, the short-interest ratio is currently 2.3 days. Approximately 3.1% of the shares of the stock are short sold.
View Fossil Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our FOSL earnings forecast.

Fossil Group, Inc. (NASDAQ:FOSL) issued its earnings results on Wednesday, March, 8th. The accessories brand company reported ($0.14) EPS for the quarter. The accessories brand company had revenue of $499.10 million for the quarter. Fossil Group had a negative net margin of 3.92% and a negative trailing twelve-month return on equity of 12.56%.

ETFs with the largest weight of Fossil Group (NASDAQ:FOSL) stock in their portfolio include Invesco Nasdaq Future Gen 200 ETF (QQQS).

Fossil Group issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.60 billion-$1.70 billion, compared to the consensus revenue estimate of $1.61 billion.

467 employees have rated Fossil Group Chief Executive Officer Kosta N. Kartsotis on Glassdoor.com. Kosta N. Kartsotis has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fossil Group investors own include Intelsat (I), Bank of America (BAC), Associated British Foods (ABF), AMC Entertainment (AMC), Chaarat Gold (CGH), First Data (FDC), Ciena (CIEN), China Unicom (Hong Kong) (CHU), Apollo Global Management (APO) and Air Canada (AC).

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

Fossil Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.98%), FMR LLC (5.52%), Dimensional Fund Advisors LP (3.69%), Royce & Associates LP (3.12%), State Street Corp (2.94%) and Charles Schwab Investment Management Inc. (2.72%). Insiders that own company stock include Darren E Hart, Diane L Neal, Gregory A Mckelvey, Gregory A Mckelvey, Kosta N Kartsotis and Steve Andrew Evans.
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Shares of FOSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FOSL stock can currently be purchased for approximately $2.30.

Fossil Group (NASDAQ:FOSL) has a market capitalization of $120.52 million and generates $1.68 billion in revenue each year. The accessories brand company earns $-44,160,000.00 in net income (profit) each year or ($1.24) on an earnings per share basis.

The company employs 6,900 workers across the globe.

Fossil Group's mailing address is 901 S CENTRAL EXPRESSWAY, RICHARDSON TX, 75080. The official website for the company is www.fossilgroup.com. The accessories brand company can be reached via phone at (972) 234-2525, via email at ir@fossil.com, or via fax at 972-234-4669.