Fossil Group Q3 EPS Estimate Reduced by Northland Securities

Fossil Group, Inc. (NASDAQ:FOSL) – Northland Securities decreased their Q3 2026 earnings per share estimates for shares of Fossil Group in a research note issued to investors on Tuesday, June 16th. Northland Securities analyst O. Rickert now expects that the accessories brand company will earn $0.02 per share for the quarter, down from their prior estimate of $0.06. Northland Securities has a “Outperform” rating and a $7.00 price target on the stock. The consensus estimate for Fossil Group’s current full-year earnings is ($0.15) per share.

Fossil Group (NASDAQ:FOSL) last released its earnings results on Wednesday, May 13th. The accessories brand company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.25. The business had revenue of $224.76 million during the quarter, compared to analysts’ expectations of $204.74 million. Fossil Group had a negative net margin of 6.19% and a negative return on equity of 48.51%.

Other equities analysts also recently issued reports about the stock. Zacks Research raised shares of Fossil Group to a “hold” rating in a research note on Friday, February 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Fossil Group in a report on Tuesday, April 21st. Wall Street Zen upgraded Fossil Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Maxim Group lifted their price objective on shares of Fossil Group from $5.00 to $7.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Fossil Group has a consensus rating of “Hold” and an average target price of $7.00.

Fossil Group Price Performance

Fossil Group stock opened at $4.41 on Wednesday. The company has a fifty day simple moving average of $4.53 and a 200-day simple moving average of $4.15. The firm has a market capitalization of $260.63 million, a price-to-earnings ratio of -3.87 and a beta of 1.62. The company has a quick ratio of 1.10, a current ratio of 1.72 and a debt-to-equity ratio of 2.32. Fossil Group has a 52-week low of $1.27 and a 52-week high of $5.74.

Insider Buying and Selling at Fossil Group

In other news, Director Wendy Lee Schoppert acquired 24,331 shares of the company’s stock in a transaction on Monday, May 18th. The shares were bought at an average cost of $4.14 per share, with a total value of $100,730.34. Following the purchase, the director owned 120,625 shares of the company’s stock, valued at $499,387.50. This represents a 25.27% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Kanen Wealth Management LLC purchased a new position in Fossil Group in the 4th quarter valued at approximately $5,515,000. Nantahala Capital Management LLC grew its holdings in shares of Fossil Group by 35.4% during the fourth quarter. Nantahala Capital Management LLC now owns 5,064,359 shares of the accessories brand company’s stock worth $19,042,000 after buying an additional 1,323,202 shares in the last quarter. Prescott Group Capital Management L.L.C. grew its stake in Fossil Group by 1,220.7% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 875,026 shares of the accessories brand company’s stock worth $3,290,000 after acquiring an additional 808,770 shares during the period. Quinn Opportunity Partners LLC grew its position in shares of Fossil Group by 4,465.6% in the third quarter. Quinn Opportunity Partners LLC now owns 470,301 shares of the accessories brand company’s stock valued at $1,209,000 after purchasing an additional 460,000 shares during the period. Finally, Fund 1 Investments LLC increased its stake in Fossil Group by 180.7% in the fourth quarter. Fund 1 Investments LLC now owns 642,043 shares of the accessories brand company’s stock valued at $2,414,000 after purchasing an additional 413,349 shares during the last quarter. Hedge funds and other institutional investors own 61.14% of the company’s stock.

About Fossil Group

Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.

The group’s wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.