The closing price of Fossil Group Inc (NASDAQ: FOSL) was $0.88 for the day, down -7.63% from the previous closing price of $0.96. In other words, the price has decreased by -$0.0729 from its previous closing price. On the day, 836578 shares were traded.
Ratios:
Our analysis of FOSL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 1.36.
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 46.31M and an Enterprise Value of 317.78M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 0.22 whereas that against EBITDA is -2.76.
Stock Price History:
Over the past 52 weeks, FOSL has reached a high of $3.65, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 1.0832, while the 200-Day Moving Average is calculated to be 1.7245.
Shares Statistics:
FOSL traded an average of 735.16K shares per day over the past three months and 1.78M shares per day over the past ten days. A total of 52.49M shares are outstanding, with a floating share count of 46.95M. Insiders hold about 10.55% of the company’s shares, while institutions hold 67.74% stake in the company. Shares short for FOSL as of Feb 29, 2024 were 4.72M with a Short Ratio of 6.42, compared to 5.47M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.99% and a Short% of Float of 9.83%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. 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.
