Fossil Group Inc

Fossil Group Inc Stock Forecast & Price Prediction

Live Fossil Group Inc Stock (FOSL) Price
$2.11

11

Ratings

  • Buy 1
  • Hold 7
  • Sell 3
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.11

P/E Ratio

-0.72

Volume Traded Today

$903,691

Dividend

Dividends not available for FOSL

52 Week High/low

2.61/0.75

Fossil Group Inc Market Cap

$104.8M

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FOSL Summary

From what 11 stock analysts predict, the share price for Fossil Group Inc (FOSL) might decrease by 100% in the next year. This is based on a 12-month average estimation for FOSL. Price targets go from $ to $. The majority of stock analysts believe FOSL is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

FOSL Analyst Ratings

About 11 Wall Street analysts have assigned FOSL 1 buy ratings, 7 hold ratings, and 3 sell ratings. This means that analysts expect Fossil Group Inc to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FOSL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

FOSL stock forecast by analyst

These are the latest 20 analyst ratings of FOSL.

Analyst/Firm

Rating

Price Target

Change

Date

Ike Boruchow
Wells Fargo

Underweight

$2.5

Maintains

Mar 16, 2020

Wells Fargo

Underperform

$6

Maintains

Nov 7, 2019

Keybanc

Sector Weight


Downgrade

Nov 7, 2019

KeyBanc

Sector Weight


Downgrade

Nov 7, 2019

KeyBanc

Overweight


Maintains

Aug 8, 2018
Edward Yruma
Keybanc

Overweight

$33

Maintains

Aug 8, 2018
Edward Yruma
Keybanc

Overweight

$35

Maintains

Jun 4, 2018

KeyBanc

Overweight


Maintains

Jun 4, 2018

KeyBanc

Overweight


Maintains

Feb 14, 2018
Edward Yruma
Keybanc

Overweight

$25

Maintains

Feb 14, 2018
Scott Krasik
Buckingham Research

Underperform

$8

Maintains

Feb 14, 2018

Buckingham

Underperform


Maintains

Feb 14, 2018
Heather Balsky
B of A Securities

Underperform

$4

Maintains

Nov 8, 2017
Edward Yruma
Keybanc

Overweight

$15

Maintains

Nov 8, 2017
Scott Krasik
Buckingham Research

Neutral

$5

Maintains

Nov 8, 2017

KeyBanc

Overweight


Maintains

Nov 8, 2017

Bank of America

Underperform


Maintains

Nov 8, 2017

Buckingham

Neutral


Maintains

Nov 8, 2017

Buckingham

Neutral


Maintains

Aug 9, 2017
Scott Krasik
Buckingham Research

Neutral

$9

Maintains

Aug 9, 2017

FOSL Company Information

What They Do: Designs and distributes consumer fashion accessories.

Business Model: The company generates revenue by designing, developing, marketing, and distributing a wide range of fashion accessories, including watches, jewelry, and handbags. It sells its products through various channels, including retail stores, e-commerce, and licensed brands, catering to both proprietary and private label brands.

Other Information: Fossil Group, Inc. operates internationally with a presence in the United States, Europe, and Asia. It offers products under several well-known brands and has a diverse distribution strategy that includes company-owned stores, department stores, and online platforms. Founded in 1984 and headquartered in Richardson, Texas, the company was formerly known as Fossil, Inc.
FOSL
Fossil Group Inc (FOSL)

When did it IPO

1993

Staff Count

6,100

Country

United States

Sector/Industry

Consumer Cyclical/Footwear & Accessories

CEO

Mr. Franco Fogliato

Market Cap

$104.8M

Fossil Group Inc (FOSL) Financial Data

In 2023, FOSL generated $1.41B in revenue, which was a decrease of -16.05% from the previous year. This can be seen as a signal that FOSL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.61B

Revenue From 2021

$1.87B

15.91 %
From Previous Year

Revenue From 2022

$1.68B

-10.03 %
From Previous Year

Revenue From 2023

$1.41B

-16.05 %
From Previous Year
  • Revenue TTM $1.22B
  • Operating Margin TTM -6.5%
  • Gross profit TTM $679.6M
  • Return on assets TTM -4.2%
  • Return on equity TTM -56.0%
  • Profit Margin -10.1%
  • Book Value Per Share 3.09%
  • Market capitalisation $104.8M
  • Revenue for 2021 $1.87B
  • Revenue for 2022 $1.68B
  • Revenue for 2023 $1.41B
  • EPS this year (TTM) $-2.33

Fossil Group Inc (FOSL) Latest News

News Image

Wed, 04 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Fossil Group shares rose 61% on Dec. 2 after insider buying by the new CEO. Recent earnings show potential for a turnaround amid mixed results.

Why It Matters - Fossil Group's CEO buying shares signals confidence, potentially boosting investor sentiment. A successful turnaround could lead to significant share price gains, attracting more investment.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Fossil Group, Inc. (NASDAQ:FOSL) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 5:00 PM ET, featuring key company executives.

Why It Matters - Fossil Group's Q3 earnings call may reveal key financial performance insights and strategic direction, impacting stock valuation and investor sentiment.

News Image

Fri, 08 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - FOSL's Q3 2024 reports narrower losses and improved margins from cost-cutting under its TAG Plan, despite a 16.4% revenue decline due to decreased demand.

Why It Matters - FOSL's narrower losses and improved margins indicate better operational efficiency, which may signal potential recovery, despite declining revenues, influencing investor sentiment positively.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Fossil Group, Inc. reported Q3 2024 net sales of $288 million, a 16% decline. The company remains on track for at least $100 million in annualized savings in 2024 under its TAG Plan.

Why It Matters - Fossil Group's plan for $100 million in annualized savings indicates potential for improved profitability, despite a sales decline, which may stabilize investor confidence and impact stock performance.

News Image

Wed, 04 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Fossil Group, Inc. appointed Franco Fogliato as CEO, effective September 18, 2024, succeeding Jeffrey Boyer, who will return to COO and leave the Board.

Why It Matters - Franco Fogliato's appointment as CEO may signal a strategic shift for Fossil Group, impacting future performance and investor sentiment as leadership changes can affect company direction.

News Image

Wed, 28 Aug 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Toyota Motor, IBM, Stryker, and Fossil Group are highlighted in a recent Analyst Blog, indicating potential investment interest or analysis on these companies.

Why It Matters - The inclusion of Toyota, IBM, Stryker, and Fossil Group in an analyst blog suggests potential investment insights or recommendations, impacting stock performance and investor sentiment.

...

FOSL Frequently asked questions

The highest forecasted price for FOSL is $ from at Brean Capital.

The lowest forecasted price for FOSL is $ from from Brean Capital

The FOSL analyst ratings consensus are 1 buy ratings, 7 hold ratings, and 3 sell ratings.