Fossil Group (NASDAQ:FOSL) Stock Lifted to “Strong-Buy” by Zacks Research

Fossil Group (NASDAQ:FOSL) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday, Zacks reports.

A number of other research analysts have also weighed in on the company. Lake Street Capital initiated coverage on Fossil Group in a report on Wednesday, October 7th. They set a “buy” rating and a $10.00 target price for the company. Northland Securities set a $8.00 target price on shares of Fossil Group in a research note on Thursday, August 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Fossil Group in a report on Thursday, October 15th. Finally, Craig Hallum began coverage on shares of Fossil Group in a research report on Thursday, September 10th. They set a “buy” rating and a $12.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $9.25.

Fossil Group Stock Performance

Shares of FOSL opened at $8.74 on Wednesday. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.73 and a quick ratio of 1.05. The firm has a market cap of $516.88 million, a PE ratio of -26.48 and a beta of 1.61. Fossil Group has a 1 year low of $1.70 and a 1 year high of $10.55. The stock’s fifty day moving average price is $6.55 and its two-hundred day moving average price is $5.01.

Fossil Group (NASDAQ:FOSL) last released its quarterly earnings data on Tuesday, November 10th. The accessories brand company reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.23. The business had revenue of $271.20 million for the quarter, compared to the consensus estimate of $248.66 million. Fossil Group had a negative net margin of 1.86% and a negative return on equity of 7.76%. During the same period in the prior year, the firm earned ($0.76) earnings per share. On average, equities research analysts forecast that Fossil Group will post -0.04 EPS for the current year.

Insiders Place Their Bets

In related news, Director Pamela J. Edwards acquired 7,208 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was purchased at an average price of $5.58 per share, with a total value of $40,220.64. Following the completion of the purchase, the director owned 50,251 shares in the company, valued at $280,400.58. This trade represents a 16.75% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.80% of the stock is owned by corporate insiders.

Institutional Trading of Fossil Group

Several large investors have recently modified their holdings of the business. Russell Investments Group Ltd. increased its stake in shares of Fossil Group by 10.3% during the third quarter. Russell Investments Group Ltd. now owns 52,238 shares of the accessories brand company’s stock valued at $343,000 after buying an additional 4,899 shares during the period. Headlands Technologies LLC raised its holdings in shares of Fossil Group by 132.1% during the second quarter. Headlands Technologies LLC now owns 55,214 shares of the accessories brand company’s stock valued at $229,000 after acquiring an additional 31,422 shares in the last quarter. Nantahala Capital Management LLC bought a new position in shares of Fossil Group during the second quarter valued at approximately $22,791,230. Empowered Funds LLC purchased a new stake in Fossil Group in the second quarter worth $558,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Fossil Group in the second quarter worth $34,000. 61.14% of the stock is owned by institutional investors.

Trending Headlines about Fossil Group

These are some of the FOSL headlines that stood out recently:

• Positive Sentiment: Fossil reported third-quarter profit of $0.19 per share on $271.2 million in revenue, beating analyst expectations, and marked its first sales growth in four years. It also raised its 2026 revenue outlook to $980 million–$990 million, above the cited consensus estimate of $965.2 million. Zacks report on Fossil’s Q3 results
• Positive Sentiment: Craig-Hallum maintained its Buy rating on FOSL, adding to the supportive analyst view following the results. Craig-Hallum rating report
• Negative Sentiment: A Seeking Alpha analysis says the strong results may already be reflected in the stock after its substantial post-earnings rally, maintaining a Hold view. That valuation concern, alongside Fossil’s debt burden and the need to convert elevated inventory into holiday-season sales and cash, could limit further gains. Seeking Alpha analysis of Fossil’s Q3 results

About Fossil Group

Fossil Group designs, develops, markets and distributes fashion accessories, including watches, handbags, small leather goods, jewelry and other accessories. Its products are sold under company-owned brands such as Fossil, Skagen, Michele and Zodiac, as well as through licensing agreements with third-party brands. Founded in 1984, the company has built its business around combining watchmaking with fashion-oriented design. It serves customers internationally through wholesale partners, retail stores and online channels.