Fossil Group Inc (NASDAQ: FOSL) has experienced a rise in its stock price by 10.71 compared to its previous closing price of 1.12. However, the company has seen a gain of 20.39% in its stock price over the last five trading days. etftrends.com reported 2024-09-05 that A global transition to displace fossil fuels will help accelerate growth for clean energy technology. This will push the demand higher for energy transition materials.
Is It Worth Investing in Fossil Group Inc (NASDAQ: FOSL) Right Now?
FOSL has 36-month beta value of 2.20. Analysts have mixed views 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 48.26M, and currently, short sellers hold a 3.89% ratio of that float. The average trading volume of FOSL on September 30, 2024 was 429.40K shares.
FOSL’s Market Performance
The stock of Fossil Group Inc (FOSL) has seen a 20.39% increase in the past week, with a 11.71% rise in the past month, and a -13.89% fall in the past quarter. The volatility ratio for the week is 9.15%, and the volatility levels for the past 30 days are at 7.18% for FOSL. The simple moving average for the past 20 days is 17.34% for FOSL’s stock, with a 6.75% 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 9.88% 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 -41.23% of loss for the given period.
Volatility was left at 7.18%, however, over the last 30 days, the volatility rate increased by 9.15%, as shares surge +10.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.81% upper at present.
During the last 5 trading sessions, FOSL rose by +20.39%, which changed the moving average for the period of 200-days by +1.64% in comparison to the 20-day moving average, which settled at $1.0627. In addition, Fossil Group Inc saw -15.07% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FOSL
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.49 for the gross margin
The net margin for Fossil Group Inc stands at -0.12. The total capital return value is set at -0.18. Equity return is now at value -57.58, with -16.39 for asset returns.
Based on Fossil Group Inc (FOSL), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is -4.34.
Currently, EBITDA for the company is -77.49 million with net debt to EBITDA at -3.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.22. The receivables turnover for the company is 9.62for trailing twelve months and the total asset turnover is 1.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.
Conclusion
To put it simply, Fossil Group Inc (FOSL) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
