Published: Thu, February 16, 2017
Money | By Oscar Reynolds

Fossil Group, Inc. (NASDAQ:FOSL) To Report Earnings

Fossil Group, Inc. (NASDAQ:FOSL) To Report Earnings

It serves market through department stores, specialty retail stores, specialty watch and jewellery stores, retail and outlet stores, mass market stores, clothing stores as well as through its catalogs and Website.

Fossil Group a global designer marketer and distributor company that specializes in consumer fashion accessories.

In addition to Wells Fargo & Company reporting its target price, a total of 12 firms have reported on the stock. The stock has 52-week high of $51.93 and 52-week low of $22.46. The stock had a trading volume of 584,235 shares.

Market specialists put price-to-earnings ratio in routine for reaching the definite valuation of Fossil Group, Inc.

Fossil Group, Inc. (NASDAQ:FOSL) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $0.48/share against the analyst consensus estimate of $0.31/share. Earnings per share were $1.03, compared to $1.46. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance.

A number of analysts offered their Estimated Earnings analysis for Fossil Group, Inc. FOSL has P/E (Price to Earnings ttm) value of 11.09, Forward P/E of 12.85, P/C (Price to cash per share) of 4.75 and Price to Free Cash Flow (P/FCF) value of 5.46. Thus the company showed an Earnings Surprise of 38.7 Percent. Growth in its Skagen and Fossil brands was offset by a decrease in its multi-brand licensed watch portfolio. Fossil Group, Inc. (NASDAQ:FOSL) has fallen 23.76% over the past 6 months and is downtrending. (NYSE:GS) as "STRONG BUY", 13 rated as "BUY" and 13 issued a "HOLD" rating. 11 Analysts think that the Price Target for Fossil Group, Inc. The report will be for the fiscal Quarter ending Dec 2016.

According to TipRanks, 5-star analyst Randy Binner has a yearly average return of 17.6% and a 82% success rate. He has established EPS view at $1.30 for the year 2018. The analyst recommendations from a month ago are 8 Buy, 1 Overweight, 1 Sell, 15 Hold and 1 Underweight. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell.

If we look at stock performance in last active day trading, we see that stock has moved down -0.48% to end the day at $22.87. Post opening the session at $22.86, the shares hit an intraday low of $22.8 and an intraday high of $23.49 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red. The firm touched its 52-Week high on Jan 13, 2017 and 52-Week low on Jun 27, 2016. The company has a total of 415.2 Million shares outstanding. (NYSE:GS) is expected to report revenue of $8.7 Billion for the current quarter, according to consensus estimate of 17 analysts. The amount donated in 2016 equates to 1.2 percent of the company's 2016 operating income, surpassing its public commitment to donate at least 1 percent of operating income annually. Average true range (ATR-14) of the company is at 1.01.

The Goldman Sachs Group, Inc.'s growth estimate for the current quarter is 84.3, and 9.9 percent for the next quarter. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

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