Fossil Group Inc (FOSL)

FOSL (NASDAQ:Consumer Non-Durables) EQUITY
neg -0.01
Today's Range: 28.33 - 29.00 | FOSL Avg Daily Volume: 1,128,500
Last Update: 09/27/16 - 3:59 PM EDT
Volume: 503,538
YTD Performance: -21.31%
Open: $28.72
Previous Close: $28.77
52 Week Range: $26.03 - $69.42
Oustanding Shares: 48,129,755
Market Cap: 1,460,738,064
6-Month Chart
TheStreet Ratings Grade for FOSL
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 0
Hold 8 8 7 7
Moderate Sell 1 1 1 1
Strong Sell 2 2 2 2
Mean Rec. 3.45 3.45 3.50 3.50
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 10.54
Price Earnings Comparisons:
FOSL Sector Avg. S&P 500
10.54 10.50 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
3.45% -49.48% -75.22%
Revenue -8.00 0.10 0.04
Net Income -40.50 -0.30 -0.13
EPS -36.50 -0.20 -0.07
Earnings for FOSL:
Revenue 3.23B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (12/16) FY (12/17)
Average Estimate $0.29 $1.33 $1.87 $1.97
Number of Analysts 7 5 7 7
High Estimate $0.35 $1.50 $2.05 $2.35
Low Estimate $0.20 $1.21 $1.80 $1.50
Prior Year $1.19 $1.74 $5.63 $1.87
Growth Rate (Year over Year) -75.63% -23.79% -66.76% 5.04%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Besides today's downgrade from our quantitative service, there are no early bottom signs on the name's charts.

Woe is 'Re' (as in 'Retail') Real Money Pro($)

The hits just keep on coming for retailers. Following dismal forward guidance earlier this week from The Gap (GPS), Macy's (M) and Fossil (FOSL) issued similarly downbeat outlooks over the past day or so as well.
It is practically a joke that we move in such random fashion.
The ugliest price action was unquestionably found in retail land.
These charts give us a wider view of the watch-maker sector.
Retailer Fossil is on the watch list for volatility.
If a CEO is willing to put in the time, his company is worth a look from investors.

My Takeaways and Observations Real Money Pro($)

Markets were higher from flagpole to that's all today. At the close, day's high. Rs (Russell) and Qs (Nasdaq) over Ss (S&P). The correlation of crude oil prices to the markets fell apart today. Heavily shorted stocks fared well despite the crude oil price fall and continuing worrisome economic signposts.  The U.S. dollar strengthened somewhat today. More economic data points indicate a slowing rate of domestic economic growth. However,  retail numbers provided a sigh of relief and the sector rebounded again today. Crude oil soured -- down 34 cents to $29.10.  Natural gas hit new lows to $1.90. Gold got pummeled, falling to $1,203 and was down $35.60 on the trading session after an extended period of gains. (I spoke to Boca Biff -- will hold off until tomorrow). Agricultural commodities soared: wheat was up $6, oats $3, corn $4 and soybean $6. Lumber was up $5. Bonds gained another three to four basis points in yield. TLT, which I shorted at $135.60 -- my short Trade of the Week that closed for a profit -- ended down another $1.20 today   Municipals flatlined and closed-end municipal bond funds were a source of funds,with a couple down by more than 1%. High yield was higher modestly for the second day in a row, but Blackstone/GSO Strategic Credit Fund (BGB) was distressing. (And I don't know why, to be honest). I added ... again.  As I noted, retail, banks and biotech gains were impressive. Citigroup (C), one of my fav money centers, has put on nearly $4 from Thursday's close -- a good thing. Brokerages were stronger on a JPMorgan upgrade; Morgan Stanley (MS) and Goldman Sachs (GS) are on my Best Ideas List.  Retail was led by the bounce back of remodelers. Transports were up 2%. Nice rally in autos; I closed out my shorts late last week but plan to re-short on another 10% rally. Same applies to life insurance stocks; I covered the balance of my Lincoln National (LNC) and MetLife (MET) shorts last week. Longs Allstate (ALL) and Hartford Financial Services Group (HIG) rallied. Old tech was the world's fair, with IBM (IBM), Cisco (CSCO) and Microsoft (MSFT) providing the oomph. Is biotech forming a nice bottom? Allergan (AGN) and Valeant Pharmaceuticals (VRX) were stronger and iShares Nasdaq Biotechnology (IBB) was up by nearly 3%. In my Biotech Basket, Acadia Pharmaceuticals (ACAD), Celgene (CELG), Gilead Sciences (GILD), Intrexon (XON) and Portola Pharmaceuticals (PTLA) were standouts. TFANG was strong , except Facebook (FB), which was down a beaner. I added Amazon (AMZN) short to my Best Ideas list.  NOSH was tasty, with all four components higher. Nike (NKE) and Home Depot (HD) were featured. CRABBY was mixed, though five of six were up on the day. Alas, longs Potash (POT), Radian Group (RDN), Procter & Gamble (PG) and DuPont (DD) were punk performers. Twitter (TWTR) ontinues to advance after an outsize gain on Friday. Fossil (FOSL) was up after the close on an earnings beat, with shares up 15%. I closed out my SPY and IWM long rentals for nice gains. I end the day slightly net long in exposure after selling out ETFs and adding to selected longs.

Columnist Conversations

There has been a consistent pattern from the oil markets in the past year. OPEC makes noise about constraining...
yesterday we rolled up a prior play and added an at the money on this momentum name. BOUGHT GWPH NOV 125 CA...
yesterday we added some WDC calls (sorry it's late, i'm still in Chicago and had some internet connection issu...
Markets having a nice day as evidently investors believe Hillary Clinton held her own in the debate last night...


News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.