The stock of Fossil Group Inc (FOSL) has seen a -12.89% decrease in the past week, with a -4.70% drop in the past month, and a 5.19% flourish in the past quarter. The volatility ratio for the week is 8.59%, and the volatility levels for the past 30 days are at 6.13% for FOSL. The simple moving average for the last 20 days is -7.51% for FOSL’s stock, with a simple moving average of -1.70% for the last 200 days.
Is It Worth Investing in Fossil Group Inc (NASDAQ: FOSL) Right Now?
The 36-month beta value for FOSL is at 2.23. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 as “hold,” and 2 as “sell.”
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The public float for FOSL is 46.76M, and currently, shorts hold a 4.06% of that float. The average trading volume for FOSL on November 08, 2024 was 286.65K shares.
FOSL) stock’s latest price update
Fossil Group Inc (NASDAQ: FOSL)’s stock price has dropped by -12.20 in relation to previous closing price of 1.27. Nevertheless, the company has seen a loss of -12.89% in its stock price over the last five trading days. globenewswire.com reported 2024-11-07 that Remains On Track to Achieve at Least $100 Million of Annualized Savings in 2024 Under TAG Plan Updates Full Year Outlook RICHARDSON, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the fiscal third quarter ended September 28, 2024. Third Quarter Summary Third quarter worldwide net sales decreased to $288 million, down 16% on both a reported and constant currency basis.
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 -3.40% 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 -38.06% of loss for the given period.
Volatility was left at 6.13%, however, over the last 30 days, the volatility rate increased by 8.59%, as shares sank -7.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.34% lower at present.
During the last 5 trading sessions, FOSL fell by -13.67%, which changed the moving average for the period of 200-days by -12.99% in comparison to the 20-day moving average, which settled at $1.2050. In addition, Fossil Group Inc saw -23.63% 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
In conclusion, Fossil Group Inc (FOSL) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
