Analyst Ratings for Fossil Group Inc. (FOSL)Updated: 2017-07-27
Analysts covering Fossil Group Inc. (NASDAQ:FOSL) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for FOSL last month.
Of the 13 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 8 gave a hold rating, 2 issued an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has decreased by 1.
Several price targets were given for FOSL by the analysts covering the stock. The maximum price target given was 32, implying potential capital gains of 192.77 percent. The lowest price target was 8, implying potential capital losses of -26.81 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -325 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -20.38 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
FOSL has an estimated earnings growth rate of 79.88 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. FOSL has a PEG ratio of 0.27.
FOSL has traded between a high of 36.87 and a low of 8.98 over the past year. Currently the stock is 21.71 percent higher than its low, and 70.36 percent below the high. FOSL has a price/earnings ratio of 21.64. Investors typically compare the P/E ratio to a company's peers in the industry. The FOSL value stock report compares FOSL to some of its peers using value stock charts. The stock has a market capitalization of $0.52487 billion. FOSL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.