Fossil Group Cmn Stk (NASDAQ:FOSL) shares traded 9.75% up during most recent session to reach at the closing price of $8.22. The stock exchanged hands 5.51 Million shares versus average trading capacity of 3.01 Million shares, yielding a market cap of $413.71 Million. Wall Street analysts covering the stock are projecting that the stock will reach $10.67 within the next 52-weeks. The mean target projections are based on 9 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Fossil Group Cmn Stk (NASDAQ:FOSL) high price target of $24 and with a conservative view have low price target of $7.
Buckingham “Maintained” Fossil Group Cmn Stk (NASDAQ:FOSL) in a research note issued to investors on 8/09/17 to Neutral with price target of $9.
Additionally on 2/15/17 Wells Fargo “Downgrades” Fossil Group Cmn Stk (NASDAQ:FOSL) to Underperform setting price target at $0 and on 2/10/17 Mizuho “Downgrades” the stock to Underperform at $19. Furthermore on 2/01/17 Evercore ISI Group “Downgrades” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 42.11 along with Average True Range (ATR 14) of 0.71, Consequently Fossil Group Cmn Stk (NASDAQ:FOSL)’s weekly and monthly volatility is 8.24%, 7.38% respectively. The company’s beta value is at 0.84.
In terms of Buy, Sell or Hold recommendations, Fossil Group Cmn Stk (NASDAQ:FOSL) has analysts’ mean recommendation of 3.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Fossil Group Cmn Stk (NASDAQ:FOSL)’s minimum EPS for the current quarter is at $-0.41 and can go high up to $-0.05. The consensus mean EPS for the current quarter is at $-0.19 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.43 earnings per share for the same quarter during last year.
Previously Fossil Group Cmn Stk (NASDAQ:FOSL) reported $-0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.46 by $0.23. The company posted an earnings surprise of 50%.
While considering growth estimates of the company, it has next quarter growth estimates of 27.2% whereas during current quarter it has -144.2% estimations over growth, comparing to the estimations of -71.2% during current year and 53.2% for next year. Past 5 years growth of Fossil Group Cmn Stk (NASDAQ:FOSL) observed at -26.72%, looking forward for the next 5 years it has a strong prediction of 17.3% over growth.
Fossil Group Cmn Stk (NASDAQ:FOSL)’s revenue estimates for the current quarter are $648.99 Million according to 11 number of analysts, for the current quarter the company has high revenue estimates of $679.1 Million in contradiction of low revenue estimates of $628.7 Million. For the current year the company’s revenue estimates are $2.78 Billion compared to low analyst estimates of $2.71 Billion and high estimates of $2.89 Billion according to 11 number of analysts.
Currently Fossil Group Cmn Stk (NASDAQ:FOSL)’s shares owned by insiders are 8.1%, whereas shares owned by institutional owners are 89.4%. However the six-month change in the insider ownership was recorded -34.56%, as well as three-month change in the institutional ownership was recorded 2.53%.
Fossil Group Cmn Stk (NASDAQ:FOSL) 52-week high price stands at $36.87 and low price stands at $6.80, its price distance from 52-week high is -77.7% while its distance from 52-week low price is 20.88%. The stock hit its 52-week high on 11/23/16, and 52-week low on 08/22/17.
Fossil Group Cmn Stk (NASDAQ:FOSL)’s trailing twelve month revenues are $2.88 Billion, whereas its price to sales ratio for the same period is 0.14. Its book value per share for the most recent quarter is $13.26 while its price to book ratio for the same period is 0.62, as for as the company’s cash per share for the most recent quarter is $6.35, however its price to cash per share ratio for the same period is 1.29. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.