Fossil Group (NASDAQ:FOSL) Upgraded at Wall Street Zen

Fossil Group (NASDAQ:FOSL) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other research firms also recently weighed in on FOSL. Zacks Research raised shares of Fossil Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Craig Hallum assumed coverage on shares of Fossil Group in a research note on Thursday, September 10th. They set a “buy” rating and a $12.00 price objective for the company. Lake Street Capital initiated coverage on shares of Fossil Group in a report on Wednesday, October 7th. They issued a “buy” rating and a $10.00 price objective for the company. Northland Securities set a $8.00 target price on shares of Fossil Group in a research note on Thursday, August 13th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Fossil Group in a report on Thursday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fossil Group presently has a consensus rating of “Buy” and an average price target of $9.25.

Fossil Group Trading Down 3.5%

Shares of FOSL stock opened at $8.43 on Friday. The stock’s fifty day moving average is $6.61 and its two-hundred day moving average is $5.03. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.05 and a current ratio of 1.73. The firm has a market capitalization of $498.55 million, a P/E ratio of -25.54 and a beta of 1.61. Fossil Group has a fifty-two week low of $1.70 and a fifty-two week high of $10.55.

Fossil Group (NASDAQ:FOSL) last announced its earnings results on Tuesday, November 10th. The accessories brand company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.23. Fossil Group had a negative net margin of 1.86% and a negative return on equity of 7.76%. The company had revenue of $271.20 million for the quarter, compared to analysts’ expectations of $248.66 million. During the same quarter in the previous year, the company posted ($0.76) EPS. Research analysts expect that Fossil Group will post 0.06 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Pamela J. Edwards purchased 7,208 shares of Fossil Group stock in a transaction dated Thursday, August 20th. The shares were acquired at an average price of $5.58 per share, for a total transaction of $40,220.64. Following the acquisition, the director directly owned 50,251 shares in the company, valued at approximately $280,400.58. The trade was a 16.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Fossil Group

Hedge funds have recently modified their holdings of the company. Nantahala Capital Management LLC purchased a new position in Fossil Group during the second quarter worth about $22,791,230. Kanen Wealth Management LLC increased its holdings in shares of Fossil Group by 246.3% during the 3rd quarter. Kanen Wealth Management LLC now owns 3,022,258 shares of the accessories brand company’s stock worth $20,086,000 after buying an additional 2,149,461 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Fossil Group during the 2nd quarter worth approximately $15,263,000. Miller Value Partners LLC acquired a new stake in shares of Fossil Group during the 2nd quarter worth approximately $8,874,000. Finally, Marshall Wace LLP raised its position in shares of Fossil Group by 136.2% during the 3rd quarter. Marshall Wace LLP now owns 1,229,109 shares of the accessories brand company’s stock valued at $8,075,000 after buying an additional 708,653 shares during the period. Hedge funds and other institutional investors own 61.14% of the company’s stock.

Fossil Group News Roundup

Here’s some of the latest news about FOSL:

• Positive Sentiment: Fossil reported quarterly EPS of $0.19, beating the $0.04 loss analysts expected, while revenue of $271.2 million exceeded the $248.7 million consensus. Northland Securities also raised its FY2026 EPS forecast from a loss to $0.06 and increased its FY2027 estimate to $0.58 from $0.45. Read More.
• Positive Sentiment: Craig-Hallum maintained its Buy rating, providing another supportive analyst view. Read More.
• Negative Sentiment: A Seeking Alpha analysis characterized the quarterly results as strong but said the rally may already price in the improvement, maintaining a Hold view. Northland also cut its Q4 2026 EPS estimate to $0.05 from $0.13, despite raising estimates for other periods. Read More.

About Fossil Group

Fossil Group designs, develops, markets and distributes fashion accessories, including watches, handbags, small leather goods, jewelry and other accessories. Its products are sold under company-owned brands such as Fossil, Skagen, Michele and Zodiac, as well as through licensing agreements with third-party brands. Founded in 1984, the company has built its business around combining watchmaking with fashion-oriented design. It serves customers internationally through wholesale partners, retail stores and online channels.