Analysts Issue Forecasts for Fossil Group Q2 Earnings

Fossil Group, Inc. (NASDAQ:FOSL) – Research analysts at Northland Securities increased their Q2 2027 earnings per share estimates for shares of Fossil Group in a research note issued on Tuesday, November 10th. Northland Securities analyst O. Rickert now expects that the accessories brand company will post earnings per share of $0.11 for the quarter, up from their prior estimate of $0.08. The consensus estimate for Fossil Group’s current full-year earnings is ($0.04) per share. Northland Securities also issued estimates for Fossil Group’s Q3 2027 earnings at $0.17 EPS, Q4 2027 earnings at $0.17 EPS and FY2027 earnings at $0.58 EPS.

Fossil Group (NASDAQ:FOSL) last announced its quarterly earnings results 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. Fossil Group had a negative return on equity of 7.75% and a negative net margin of 1.86%. The company had revenue of $271.20 million for the quarter, compared to the consensus estimate of $248.66 million. During the same quarter last year, the company posted ($0.76) earnings per share.

A number of other research firms have also issued reports on FOSL. Craig Hallum began coverage on shares of Fossil Group in a research note on Thursday, September 10th. They issued a “buy” rating and a $12.00 target price on the stock. Lake Street Capital began coverage on shares of Fossil Group in a research report on Wednesday, October 7th. They set a “buy” rating and a $10.00 target price for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Fossil Group in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $9.25.

Fossil Group Price Performance

Shares of Fossil Group stock opened at $9.97 on Thursday. The firm has a fifty day simple moving average of $6.47 and a 200-day simple moving average of $4.98. The company has a current ratio of 1.76, a quick ratio of 1.05 and a debt-to-equity ratio of 2.74. Fossil Group has a 1-year low of $1.70 and a 1-year high of $10.55. The stock has a market capitalization of $589.61 million, a price-to-earnings ratio of -30.21 and a beta of 1.61.

Insiders Place Their Bets

In other Fossil Group news, Director Pamela J. Edwards bought 7,208 shares of the stock in a transaction on Thursday, August 20th. The shares were purchased at an average price of $5.58 per share, with a total value of $40,220.64. Following the acquisition, the director directly owned 50,251 shares of the company’s stock, valued at $280,400.58. This represents a 16.75% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 3.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in shares of Fossil Group in the second quarter valued at approximately $34,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Fossil Group in the second quarter worth $64,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Fossil Group in the second quarter worth $73,000. State of Wyoming acquired a new stake in shares of Fossil Group in the second quarter worth $101,000. Finally, HB Wealth Management LLC bought a new position in Fossil Group during the first quarter worth $123,000. 61.14% of the stock is currently owned by institutional investors and hedge funds.

Recent Fossil Group Headlines

Here are a few of the latest headlines about FOSL:

• Positive Sentiment: Fossil reported third-quarter earnings of $0.19 per share and revenue of about $271 million, beating analyst expectations. Sales increased 0.4% year over year, or 2% on a constant-currency basis—the company’s first return to sales growth in four years. Fossil Group Q3 results
• Positive Sentiment: Trading coverage reported unusually heavy call-option activity as the shares reached a four-year high, reflecting heightened bullish interest after the earnings news. Fossil stock and options activity
• Neutral Sentiment: Fossil was among stocks advancing during a broader market rally, so general market strength may also have helped support the shares. Market rally coverage

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.