Fossil Group Inc (NASDAQ: FOSL)’s stock price has decreased by -1.67 compared to its previous closing price of 1.50. However, the company has seen a 3.15% increase in its stock price over the last five trading sessions. investorplace.com reported 2024-06-20 that Believe it or not, electric vehicles do outperform their fossil fuel counterparts in some ways. From the perspective of sheer performance, that most obviously manifests as dramatically faster acceleration times.
Is It Worth Investing in Fossil Group Inc (NASDAQ: FOSL) Right Now?
Moreover, the 36-month beta value for FOSL is 2.17. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 2 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for FOSL is 48.12M and currently, short sellers hold a 7.44% of that float. On June 27, 2024, FOSL’s average trading volume was 609.14K shares.
FOSL’s Market Performance
FOSL’s stock has seen a 3.15% increase for the week, with a 6.88% rise in the past month and a 51.42% gain in the past quarter. The volatility ratio for the week is 12.30%, and the volatility levels for the past 30 days are at 11.09% for Fossil Group Inc The simple moving average for the past 20 days is 7.49% for FOSL’s stock, with a 13.21% simple moving average for the past 200 days.
Analysts’ Opinion of FOSL
Many brokerage firms have already submitted their reports for FOSL stocks, with Telsey Advisory Group repeating the rating for FOSL by listing it as a “Market Perform.” The predicted price for FOSL in the upcoming period, according to Telsey Advisory Group is $5 based on the research report published on February 27, 2020 of the previous year 2020.
Telsey Advisory Group gave a rating of “Market Perform” to FOSL, setting the target price at $12 in the report published on August 05th of the previous year.
FOSL Trading at 27.10% from the 50-Day Moving Average
After a stumble in the market that brought FOSL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.49% of loss for the given period.
Volatility was left at 11.09%, however, over the last 30 days, the volatility rate increased by 12.30%, as shares surge +14.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +80.15% upper at present.
During the last 5 trading sessions, FOSL rose by +1.05%, which changed the moving average for the period of 200-days by -29.51% in comparison to the 20-day moving average, which settled at $1.3815. In addition, Fossil Group Inc saw 1.03% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FOSL
Current profitability levels for the company are sitting at:
- -0.08 for the present operating margin
- 0.49 for the gross margin
The net margin for Fossil Group Inc stands at -0.1. The total capital return value is set at -0.18. Equity return is now at value -46.83, with -14.17 for asset returns.
Based on Fossil Group Inc (FOSL), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is -4.94.
Currently, EBITDA for the company is -77.49 million with net debt to EBITDA at -3.53. When we switch over and look at the enterprise to sales, we see a ratio of 0.25. The receivables turnover for the company is 9.99for trailing twelve months and the total asset turnover is 1.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.16.
Conclusion
To wrap up, the performance of Fossil Group Inc (FOSL) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
