The price of Fossil Group Inc (NASDAQ: FOSL) closed at $1.03 in the last session, down -2.83% from day before closing price of $1.06. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 655880 shares were traded.
Ratios:
We take a closer look at FOSL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 1.57 whereas as Long-Term Debt/Eq ratio is at 1.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on February 27, 2020, Reiterated its Market Perform rating but revised its target price to $5 from $7 previously.
Telsey Advisory Group reiterated its Market Perform rating for the stock on August 05, 2019, while the target price for the stock was revised from $15 to $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FOSL now has a Market Capitalization of 54.58M and an Enterprise Value of 380.72M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at 0.26 whereas that against EBITDA is -4.22.
Stock Price History:
Over the past 52 weeks, FOSL has reached a high of $4.60, while it has fallen to a 52-week low of $1.02. The 50-Day Moving Average of the stock is 1.2516, while the 200-Day Moving Average is calculated to be 1.8181.
Shares Statistics:
According to the various share statistics, FOSL traded on average about 617.87K shares per day over the past 3-months and 480.82k shares per day over the past 10 days. A total of 51.84M shares are outstanding, with a floating share count of 46.94M. Insiders hold about 10.55% of the company’s shares, while institutions hold 67.75% stake in the company. Shares short for FOSL as of Feb 15, 2024 were 4.78M with a Short Ratio of 7.73, compared to 5.21M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.10% and a Short% of Float of 9.96%.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.15. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $435.5M. It ranges from a high estimate of $333.5M to a low estimate of $333.5M. As of the current estimate, Fossil Group Inc’s year-ago sales were $539.49M, an estimated decrease of -19.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $528.1M, a decrease of -25.80% less than the figure of -$19.30% in the same quarter last year. There is a high estimate of $522.5M for the next quarter, whereas the lowest estimate is $522.5M.
A total of 1 analysts have provided revenue estimates for FOSL’s current fiscal year. The highest revenue estimate was $1.51B, while the lowest revenue estimate was $1.51B, resulting in an average revenue estimate of $1.61B. In the same quarter a year ago, actual revenue was $2.22B, down -27.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.59B in the next fiscal year. The high estimate is $1.59B and the low estimate is $1.59B. The average revenue growth estimate for next year is down -1.70% from the average revenue estimate for this year.
