Fossil Group (NASDAQ:FOSL) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Fossil Group (NASDAQ:FOSL) from a sell rating to a hold rating in a research report released on Saturday.

Other equities analysts also recently issued research reports about the company. Zacks Research raised Fossil Group to a “hold” rating in a research report on Friday, February 20th. Northland Securities assumed coverage on Fossil Group in a research report on Thursday, February 19th. They set an “outperform” rating and a $7.00 price target on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Fossil Group in a research report on Tuesday, April 21st. Finally, Maxim Group increased their price target on Fossil Group from $5.00 to $7.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $7.00.

Fossil Group Stock Performance

Shares of Fossil Group stock opened at $4.06 on Friday. The stock’s fifty day moving average is $4.59 and its two-hundred day moving average is $3.83. The company has a market capitalization of $239.86 million, a PE ratio of -3.56 and a beta of 1.64. The company has a quick ratio of 1.05, a current ratio of 1.72 and a debt-to-equity ratio of 2.32. Fossil Group has a 52 week low of $1.27 and a 52 week high of $5.74.

Fossil Group (NASDAQ:FOSL) last announced its quarterly earnings data on Wednesday, May 13th. The accessories brand company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.25. Fossil Group had a negative return on equity of 48.50% and a negative net margin of 6.19%.The company had revenue of $224.76 million for the quarter, compared to the consensus estimate of $204.74 million. As a group, analysts expect that Fossil Group will post -0.15 earnings per share for the current year.

Institutional Investors Weigh In On Fossil Group

A number of hedge funds have recently made changes to their positions in the stock. Nantahala Capital Management LLC lifted its stake in shares of Fossil Group by 21.5% during the 2nd quarter. Nantahala Capital Management LLC now owns 5,087,803 shares of the accessories brand company’s stock worth $7,530,000 after purchasing an additional 898,626 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Fossil Group by 0.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,461,746 shares of the accessories brand company’s stock worth $3,643,000 after purchasing an additional 13,091 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Fossil Group by 4.9% during the 3rd quarter. Vanguard Group Inc. now owns 2,325,204 shares of the accessories brand company’s stock worth $5,976,000 after purchasing an additional 109,316 shares during the last quarter. Kanen Wealth Management LLC purchased a new stake in shares of Fossil Group during the 4th quarter worth $5,515,000. Finally, Two Sigma Investments LP lifted its stake in shares of Fossil Group by 36.0% during the 3rd quarter. Two Sigma Investments LP now owns 948,114 shares of the accessories brand company’s stock worth $2,437,000 after purchasing an additional 251,214 shares during the last quarter. 61.14% of the stock is currently owned by hedge funds and other institutional investors.

Key Fossil Group News

Here are the key news stories impacting Fossil Group this week:

• Positive Sentiment: Northland Securities raised its FY2027 earnings estimate for Fossil Group, now expecting $0.43 per share versus $0.39 previously, and kept an Outperform rating with a $7.00 price target.
• Positive Sentiment: The same firm increased its Q1 2027 EPS estimate to $0.13 from $0.07, signaling improved longer-term profitability expectations.
• Positive Sentiment: Analysts also highlighted Fossil Group as looking “pretty bullish” after recent results, reflecting improved sentiment following the company’s latest earnings beat. Fossil Group, Inc. (NASDAQ:FOSL) Analysts Are Pretty Bullish On The Stock After Recent Results
• Neutral Sentiment: Northland lowered several near-term EPS estimates, including Q2 2026, Q3 2026, Q2 2027, and Q3 2027, suggesting some short-term caution despite the more optimistic longer-term view.
• Neutral Sentiment: Wall Street Zen upgraded Fossil Group to Hold, which is supportive but not a strong bullish call. Wall Street Zen Upgrades Fossil Group (NASDAQ:FOSL) to “Hold”
• Neutral Sentiment: Fossil Group’s recent earnings report showed a smaller-than-expected loss and revenue above estimates, which likely helped offset concerns about ongoing losses and leverage.

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.