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 a possible profit of 192.77 percent. The lowest price target was 8, which equates to a potential downside of -26.81 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. If we look at the last 90 days instead, we find a net average change of -20.38 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of FOSL is 0.27.
In the trailing 52-weeks, FOSL hit 36.87 at the highest peak, while it's lowest trading point was 8.98. The current market price is above the trailing year's low by 21.71 percent, and below the high by 70.36 percent. 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's next earnings release will be on 0000-00-00, which is days away.