Q3 EPS Estimates for Fossil Group Cut by Analyst

Fossil Group, Inc. (NASDAQ:FOSL) – Equities research analysts at Northland Securities lowered their Q3 2026 earnings estimates for shares of Fossil Group in a report released on Wednesday, May 13th. Northland Securities analyst O. Rickert now anticipates that the accessories brand company will post earnings per share of $0.06 for the quarter, down from their prior estimate of $0.09. Northland Securities currently has a “Outperform” rating and a $7.00 target price on the stock. The consensus estimate for Fossil Group’s current full-year earnings is ($0.33) per share. Northland Securities also issued estimates for Fossil Group’s Q2 2027 earnings at $0.06 EPS and Q3 2027 earnings at $0.10 EPS.

A number of other research analysts have also issued reports on FOSL. Zacks Research upgraded shares of Fossil Group to a “hold” rating in a report on Friday, February 20th. Wall Street Zen cut shares of Fossil Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Fossil Group in a research report on Tuesday, April 21st. Finally, Maxim Group upped their price target on shares of Fossil Group from $5.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, March 12th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $7.00.

Fossil Group Trading Up 6.1%

FOSL opened at $4.35 on Friday. The company’s 50 day moving average is $4.60 and its 200-day moving average is $3.83. Fossil Group has a 1-year low of $1.24 and a 1-year high of $5.74. The company has a current ratio of 1.55, a quick ratio of 1.05 and a debt-to-equity ratio of 2.00. The company has a market cap of $257.00 million, a P/E ratio of -3.82 and a beta of 1.64.

Fossil Group (NASDAQ:FOSL) last posted its quarterly earnings results on Wednesday, May 13th. The accessories brand company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.25. Fossil Group had a negative net margin of 6.19% and a negative return on equity of 45.93%. The company had revenue of $224.76 million for the quarter, compared to the consensus estimate of $204.74 million.

Hedge Funds Weigh In On Fossil Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in FOSL. Carrera Capital Advisors bought a new position in Fossil Group during the 4th quarter worth approximately $38,000. Bridgeway Capital Management LLC raised its holdings in Fossil Group by 2.5% during the 2nd quarter. Bridgeway Capital Management LLC now owns 425,182 shares of the accessories brand company’s stock worth $629,000 after purchasing an additional 10,249 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Fossil Group by 6.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 163,035 shares of the accessories brand company’s stock worth $702,000 after purchasing an additional 10,399 shares during the last quarter. Empowered Funds LLC raised its holdings in Fossil Group by 10.4% during the 4th quarter. Empowered Funds LLC now owns 114,403 shares of the accessories brand company’s stock worth $430,000 after purchasing an additional 10,824 shares during the last quarter. Finally, Wexford Capital LP bought a new position in Fossil Group during the 3rd quarter worth approximately $28,000. 61.14% of the stock is currently owned by institutional investors and hedge funds.

Fossil Group Company Profile

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.