Fossil Group, Inc. (NASDAQ:FOSL – Get Free Report) was the target of some unusual options trading on Wednesday. Stock investors bought 2,672 call options on the stock. This represents an increase of 1,216% compared to the average volume of 203 call options.
Analyst Ratings Changes
Several brokerages have recently commented on FOSL. Weiss Ratings restated a “sell (d-)” rating on shares of Fossil Group in a research report on Thursday, October 15th. Northland Securities set a $8.00 target price on shares of Fossil Group in a report on Thursday, August 13th. Lake Street Capital initiated coverage on Fossil Group in a report on Wednesday, October 7th. They set a “buy” rating and a $10.00 price target on the stock. Finally, Craig Hallum initiated coverage on shares of Fossil Group in a research report on Thursday, September 10th. They issued a “buy” rating and a $12.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $9.25.
View Our Latest Report on Fossil Group
Fossil Group News Roundup
These are some of the FOSL news items that stood out recently:
- Positive Sentiment: Fossil reported third-quarter revenue of $271 million, up 0.4% year over year (2.0% at constant currency) and ahead of analysts’ expectations of about $249 million. Earnings were $0.19 per share, beating estimates, and the company swung to a profit from a loss a year earlier. Fossil Group third-quarter 2026 financial results
- Positive Sentiment: Management said the turnaround is ahead of plan, and Fossil raised its fiscal 2026 sales guidance. The return to sales growth after four years of declines may strengthen confidence in the recovery, though execution remains important. Fossil shares and raised sales guidance Fossil CEO on turnaround progress
- Neutral Sentiment: Fossil extended its global Diesel licensing agreement for five years and renewed its partnership with Nick Jonas for two watch collections. These deals support the brand portfolio, but the reports provide no financial estimates for their impact. Diesel licensing extension Nick Jonas partnership extension
Insider Buying and Selling
In other Fossil Group news, Director Pamela J. Edwards acquired 7,208 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were bought at an average cost of $5.58 per share, with a total value of $40,220.64. Following the completion of the transaction, the director directly owned 50,251 shares of the company’s stock, valued at approximately $280,400.58. This represents a 16.75% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.80% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of FOSL. Nantahala Capital Management LLC bought a new stake in Fossil Group during the 2nd quarter valued at $22,791,230. BlackRock Inc. purchased a new position in shares of Fossil Group during the second quarter valued at $15,263,000. Miller Value Partners LLC bought a new stake in shares of Fossil Group in the second quarter valued at about $8,874,000. Fund 1 Investments LLC bought a new stake in shares of Fossil Group in the second quarter valued at about $2,223,000. Finally, Sei Investments Co. lifted its stake in Fossil Group by 107.6% in the first quarter. Sei Investments Co. now owns 253,771 shares of the accessories brand company’s stock worth $1,094,000 after acquiring an additional 131,531 shares during the period. Institutional investors own 61.14% of the company’s stock.
Fossil Group Trading Up 26.6%
FOSL traded up $2.09 on Wednesday, reaching $9.96. 4,470,559 shares of the company traded hands, compared to its average volume of 828,493. Fossil Group has a one year low of $1.70 and a one year high of $10.55. The firm has a fifty day simple moving average of $6.37 and a two-hundred day simple moving average of $4.95. The company has a market cap of $589.21 million, a P/E ratio of -7.80 and a beta of 1.61. The company has a quick ratio of 1.05, a current ratio of 1.76 and a debt-to-equity ratio of 2.74.
Fossil Group (NASDAQ:FOSL – Get Free Report) last released its quarterly earnings data on Tuesday, November 10th. The accessories brand company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.23. The company had revenue of $271.20 million during the quarter, compared to analysts’ expectations of $248.66 million. Fossil Group had a negative net margin of 7.09% and a negative return on equity of 59.76%. During the same period in the previous year, the company earned ($0.76) EPS. As a group, equities research analysts expect that Fossil Group will post -0.04 earnings per share for the current year.
About Fossil Group
Fossil Group, Inc. is a global design, sourcing, marketing and distribution company focused primarily on watches and accessories. Its products include traditional watches, jewelry, handbags, small leather goods and other fashion accessories sold through company-operated and third-party retail stores, e-commerce channels and wholesale partners. The company markets products under its Fossil, Skagen, Michele and Relic brands, as well as through various licensed brand relationships. Fossil Group was founded in 1984 and is headquartered in Richardson, Texas.
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