NASDAQ:FOSL - Fossil Group Stock Price, Forecast & News

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

Fossil Group Inc (NASDAQ:FOSL) announced its earnings results on Wednesday, February, 26th. The accessories brand company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.79 by $0.85. The accessories brand company had revenue of $711.60 million for the quarter, compared to analyst estimates of $724.65 million. Fossil Group had a negative return on equity of 6.18% and a negative net margin of 2.36%. The business's revenue for the quarter was down 9.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.01 EPS. View Fossil Group's Earnings History.

Fossil Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Fossil Group.

Fossil Group updated its FY 2020 Pre-Market earnings guidance on Wednesday, February, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.963-2.118 billion, compared to the consensus revenue estimate of $2.15 billion.

1 Wall Street analysts have issued 12 month price objectives for Fossil Group's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate Fossil Group's stock price to reach $5.00 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for Fossil Group.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fossil Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fossil Group.

Media coverage about FOSL stock has trended very negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fossil Group earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news headlines about the accessories brand company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Fossil Group.

Fossil Group saw a drop in short interest in February. As of February 14th, there was short interest totalling 10,290,000 shares, a drop of 6.5% from the January 30th total of 11,000,000 shares. Based on an average daily trading volume, of 1,310,000 shares, the short-interest ratio is presently 7.9 days. Approximately 22.6% of the company's stock are sold short. View Fossil Group's Current Options Chain.

Some companies that are related to Fossil Group include VF (VFC), Ralph Lauren (RL), Tapestry (TPR), Columbia Sportswear (COLM), PVH (PVH), Hanesbrands (HBI), Carter's (CRI), Michael Kors (KORS), Oxford Industries (OXM), G-III Apparel Group (GIII), Movado Group (MOV), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and Quiksilver (ZQKSQ).

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), Chaarat Gold (CGH), AMC Entertainment (AMC), First Data (FDC), Ciena (CIEN), China Unicom (Hong Kong) (CHU), Apollo Global Management (APO) and Air Canada (AC).

Fossil Group's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (3.02%), Renaissance Technologies LLC (2.02%), Bank of New York Mellon Corp (1.49%), Hotchkis & Wiley Capital Management LLC (1.37%), Charles Schwab Investment Management Inc. (1.07%) and Winslow Asset Management Inc. (0.75%). Company insiders that own Fossil Group stock include Darren E Hart, Gail B Tifford, Gregory A Mckelvey, James E Skinner, John A White, Kosta N Kartsotis and Martin Frey. View Institutional Ownership Trends for Fossil Group.

FOSL stock was sold by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Renaissance Technologies LLC, Alliancebernstein L.P., Prudential Financial Inc., Goldman Sachs Group Inc., Public Sector Pension Investment Board, Bank of America Corp DE and Arizona State Retirement System. View Insider Buying and Selling for Fossil Group.

FOSL stock was bought by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Jacobs Levy Equity Management Inc., AQR Capital Management LLC, State Street Corp, California Public Employees Retirement System, Bank of New York Mellon Corp, Spark Investment Management LLC and UBS Group AG. Company insiders that have bought Fossil Group stock in the last two years include Darren E Hart, Gail B Tifford, Gregory A Mckelvey and Martin Frey. View Insider Buying and Selling for Fossil Group.

Shares of FOSL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FOSL stock can currently be purchased for approximately $4.58.

Fossil Group has a market capitalization of $231.38 million and generates $2.22 billion in revenue each year. The accessories brand company earns $-3,480,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis. Fossil Group employs 10,800 workers across the globe.View Additional Information About Fossil Group.

The official website for Fossil Group is http://www.fossilgroup.com/.

Fossil Group's mailing address is 901 S CENTRAL EXPRESSWAY, RICHARDSON TX, 75080. The accessories brand company can be reached via phone at 972-234-2525 or via email at [email protected]