Fossil Group Inc. (NASDAQ: FOSL) is -20.65% lower on its value in year-to-date trading and has touched a low of $3.24 and a high of $11.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FOSL stock was last observed hovering at around $3.44 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $2.50 for the next 12 months. It is also -36.8% off the consensus price target high of $2.50 offered by 1 analysts, but current levels are -36.8% lower than the price target low of $2.50 for the same period.
Currently trading at $3.42, the stock is -18.83% and -29.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing -0.58% at the moment leaves the stock -30.42% off its SMA200. FOSL registered -57.62% loss for a year compared to 6-month gain of -9.04%.
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The stock witnessed a -25.65% loss in the last 1 month and extending the period to 3 months gives it a -25.49%, and is -16.99% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.18% over the week and 5.98% over the month.
Fossil Group Inc. (FOSL) has around 6900 employees, a market worth around $183.31M and $1.68B in sales. Profit margin for the company is 0.60%. Distance from 52-week low is 5.39% and -69.46% from its 52-week high. The company has generated returns on investments over the last 12 months (8.80%).
Fossil Group Inc. (FOSL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Fossil Group Inc. (FOSL) is a “Underweight”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Fossil Group Inc. is expected to release its quarterly report on 05/10/2023.The EPS is expected to grow by 125.60% this year
Fossil Group Inc. (FOSL) Top Institutional Holders
The shares outstanding are 51.83M, and float is at 46.78M with Short Float at 3.19%.
Fossil Group Inc. (FOSL) Insider Activity
A total of 3 insider transactions have happened at Fossil Group Inc. (FOSL) in the last six months, with sales accounting for 2 and purchases happening 1 times. The most recent transaction is an insider sale by KARTSOTIS KOSTA N, the company’s Chairman of the Board & CEO. SEC filings show that KARTSOTIS KOSTA N sold 10,000 shares of the company’s common stock on May 26 at a price of $7.06 per share for a total of $70600.0. Following the sale, the insider now owns 3.22 million shares.
Fossil Group Inc. disclosed in a document filed with the SEC on May 17 that NEAL DIANE L (Director) sold a total of 34,427 shares of the company’s common stock. The trade occurred on May 17 and was made at $7.51 per share for $0.26 million. Following the transaction, the insider now directly holds 16469.0 shares of the FOSL stock.
