What’s The Story Behind Fossil Group, Inc. (NASDAQ:FOSL)


Fossil Group, Inc. (NASDAQ:FOSL) closed its last session at $16.97. The stock traded within a range of $13.80 and $18.00. The company operates in the Consumer Cyclical sector with a market capitalization of 800980. Trading volume for Fossil Group, Inc. was 41.7 Million in its previous trading session. Currently, Fossil Group, Inc. (NASDAQ:FOSL) has an average volume of 2.07 Million.

Company Profile

Fossil Group, Inc. is involved in designing, marketing and distribution of consumer fashion accessories. The Company’s product portfolio include men’s and women’s watches, handbags, belts, small leather goods, jewellery, sunglasses, hats, gloves and scarves, jeans, outerwear, fashion tops and bottoms, tee shirts as well as optical frames. Its brands include MICHELE, Zodiac, Relic, Emporio Armani, DKNY, Armani Exchange, Michael Kors, Diesel, Burberry, Marc by Marc Jacobs, Adidas, Skagen Denmark, and Karl Lagerfeld. The Company operates in four different segments: the North America Wholesale segment, the Europe Wholesale segment, Asia Pacific Wholesale segment and the Direct to Consumer segment. It serves market through department stores, specialty retail stores, specialty watch and jewellery stores, retail and outlet stores, mass market stores, clothing stores as well as through its catalogs and Website. Fossil Group Inc., formerly known as Fossil, Inc. is based in Richardson, Texas.

Analyst Views

Fossil Group, Inc. (NASDAQ:FOSL) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Fossil Group, Inc. (NASDAQ:FOSL) touched its 1-Year High price of $21.03 on 02/17/17 and its 1-Year Low price of $ 5.50 on 11/08/17.

EPS & Financials

Fossil Group, Inc. (NASDAQ:FOSL) reported its EPS in the last quarter as $0.64/Share beating the analyst estimate of $0.4/Share by a difference of $0.24. This showed a surprise of 60% in the last quarter earnings.

For the current quarter, 7 analysts are projecting a mean EPS of $-0.79/share. According to their observations and findings, the stock could provide a high EPS of $-0.59/share and a low EPS of $-1/share.

Analysts believe that the company has the potential to earn average revenue of $539.8 Million for the current quarter. According to their predictions high & low revenue estimates are 551.6 Million and 521.92 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Fossil Group, Inc. (NASDAQ:FOSL) has a 20-Day average volume of 4.71 Million. According to today’s trading volume Fossil Group, Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 2.8 Percent and Institutional ownership of 0 Percent. The return on assets stands at -17.8%, Return on Equity currently is -42.7% and the Return on Investment value is 6%.

Fossil Group, Inc. (NASDAQ:FOSL) gross margin percentage stands at 49.5% while its operating margin for the past trailing twelve month is -14.5 percent and its overall profit margin (ttm) is -12.3 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 90.24% with a 50-Day Simple Moving Average of 108.76 percent. As of today, the company has a SMA200 (200-day simple moving average) of 81.22 Percent. The Stock has YTD (year to date) performance of 118.4 percent.

The TTM operating margin for the company stands at -14.5%. The return on invested capital is at 6%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 4.41.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 81.22%, and has a solid year to date (YTD) performance of 118.4% which means that the stock is constantly adding to its value from the previous fiscal year end price.