Fossil Group Q2 EPS Forecast Reduced by Northland Securities

Fossil Group, Inc. (NASDAQ:FOSLFree Report) – Analysts at Northland Securities lowered their Q2 2026 earnings estimates for Fossil Group in a report released on Tuesday, June 16th. Northland Securities analyst O. Rickert now expects that the accessories brand company will earn ($0.29) per share for the quarter, down from their prior forecast of ($0.16). Northland Securities currently has a “Outperform” rating and a $7.00 target price on the stock. 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 Q4 2026 earnings at $0.14 EPS.

Fossil Group (NASDAQ:FOSLGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The accessories brand company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.25. Fossil Group had a negative net margin of 6.19% and a negative return on equity of 48.51%. The firm had revenue of $224.76 million for the quarter, compared to the consensus estimate of $204.74 million.

FOSL has been the subject of a number of other reports. Maxim Group raised their price target on Fossil Group from $5.00 to $7.00 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Fossil Group in a report on Tuesday, April 21st. Zacks Research raised shares of Fossil Group to a “hold” rating in a research report on Friday, February 20th. Finally, Wall Street Zen upgraded shares of 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 given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $7.00.

Check Out Our Latest Stock Report on Fossil Group

Fossil Group Price Performance

FOSL opened at $4.18 on Thursday. The stock has a fifty day moving average price of $4.52 and a 200 day moving average price of $4.16. The company has a current ratio of 1.72, a quick ratio of 1.10 and a debt-to-equity ratio of 2.32. Fossil Group has a 1 year low of $1.27 and a 1 year high of $5.74. The stock has a market cap of $247.04 million, a price-to-earnings ratio of -3.67 and a beta of 1.62.

Insider Activity

In related news, Director Wendy Lee Schoppert purchased 24,331 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was bought at an average price of $4.14 per share, for a total transaction of $100,730.34. Following the purchase, the director owned 120,625 shares in the company, valued at $499,387.50. The trade was a 25.27% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.90% of the company’s stock.

Institutional Investors Weigh In On Fossil Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in FOSL. Carrera Capital Advisors acquired a new position in Fossil Group during the fourth quarter valued at approximately $38,000. Bridgeway Capital Management LLC lifted its stake in shares of Fossil Group by 2.5% in the second quarter. Bridgeway Capital Management LLC now owns 425,182 shares of the accessories brand company’s stock worth $629,000 after buying an additional 10,249 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Fossil Group by 6.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 163,035 shares of the accessories brand company’s stock worth $702,000 after buying an additional 10,399 shares during the period. Empowered Funds LLC boosted its holdings in shares of Fossil Group by 9.3% during the 1st quarter. Empowered Funds LLC now owns 124,999 shares of the accessories brand company’s stock worth $539,000 after buying an additional 10,596 shares during the period. Finally, Wexford Capital LP acquired a new position in Fossil Group in the 3rd quarter valued at $28,000. 61.14% of the stock is currently owned by institutional investors and hedge funds.

About Fossil Group

(Get Free Report)

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.

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Earnings History and Estimates for Fossil Group (NASDAQ:FOSL)

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