Northland Securities Predicts Fossil Group Q1 Earnings

Fossil Group, Inc. (NASDAQ:FOSL) – Analysts at Northland Securities cut their Q1 2027 earnings per share estimates for shares of Fossil Group in a research note issued on Thursday, August 13th. Northland Securities analyst O. Rickert now anticipates that the accessories brand company will post earnings of $0.10 per share for the quarter, down from their prior estimate of $0.13. The consensus estimate for Fossil Group’s current full-year earnings is ($0.15) per share. Northland Securities also issued estimates for Fossil Group’s Q2 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.12 EPS, Q4 2027 earnings at $0.15 EPS and FY2027 earnings at $0.45 EPS.

Fossil Group (NASDAQ:FOSL) last announced its quarterly earnings results on Wednesday, August 12th. The accessories brand company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.16. Fossil Group had a negative return on equity of 57.29% and a negative net margin of 7.09%.The company had revenue of $209.69 million during the quarter, compared to analysts’ expectations of $199.33 million.

A number of other brokerages have also commented on FOSL. Weiss Ratings reissued a “sell (d-)” rating on shares of Fossil Group in a research note on Friday, July 17th. Wall Street Zen raised Fossil Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $7.50.

Fossil Group Price Performance

Shares of FOSL opened at $5.58 on Friday. Fossil Group has a 12-month low of $1.70 and a 12-month high of $6.25. The business has a 50-day simple moving average of $4.46 and a two-hundred day simple moving average of $4.39. The company has a quick ratio of 1.10, a current ratio of 1.72 and a debt-to-equity ratio of 2.32. The stock has a market cap of $329.78 million, a PE ratio of -4.36 and a beta of 1.62.

Institutional Investors Weigh In On Fossil Group

Several institutional investors and hedge funds have recently made changes to their positions in FOSL. Wexford Capital LP bought a new position in shares of Fossil Group during the third quarter worth about $28,000. Carrera Capital Advisors acquired a new position in shares of Fossil Group in the fourth quarter worth approximately $38,000. Qube Research & Technologies Ltd bought a new stake in Fossil Group in the third quarter valued at approximately $39,000. Texas Capital Bank Wealth Management Services Inc bought a new stake in Fossil Group in the third quarter valued at approximately $45,000. Finally, Jane Street Group LLC increased its position in Fossil Group by 93.1% during the 1st quarter. Jane Street Group LLC now owns 42,584 shares of the accessories brand company’s stock valued at $49,000 after purchasing an additional 20,530 shares during the period. Institutional investors and hedge funds own 61.14% of the company’s stock.

Insider Transactions at Fossil Group

In related news, Director Wendy Lee Schoppert bought 24,331 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average cost of $4.14 per share, with a total value of $100,730.34. Following the transaction, the director directly owned 120,625 shares in the company, valued at approximately $499,387.50. This trade represents a 25.27% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.90% of the stock is currently owned by corporate insiders.

Fossil Group Company Profile

Fossil Group, Inc designs, develops, markets and distributes consumer fashion accessories, focusing on lifestyle and wearable technology. The company offers a wide range of products including analog and digital watches, smartwatches, jewelry, handbags, small leather goods and wearable devices. It sells merchandise under its own Fossil brand and via license agreements with international labels such as Michael Kors, Armani Exchange, Burberry, Diesel, DKNY, Kate Spade and Tory Burch. Through its proprietary e-commerce platforms and global retail network, Fossil Group serves markets across North America, Europe, Asia and the Middle East.

The group’s wearable technology segment combines traditional timepieces with features such as fitness tracking, heart-rate monitoring and NFC payments.