Fossil Group Inc (FOSL)

FOSL (NASDAQ:Consumer Non-Durables) EQUITY
$27.56
neg -0.56
-1.99%
Today's Range: 27.30 - 28.30 | FOSL Avg Daily Volume: 1,411,200
Last Update: 05/26/16 - 3:59 PM EDT
Volume: 863,934
YTD Performance: -23.06%
Open: $28.14
Previous Close: $28.12
52 Week Range: $26.42 - $78.20
Oustanding Shares: 48,111,204
Market Cap: 1,293,710,276
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 1 1 1 1
Moderate Buy 0 0 0 0
Hold 7 7 7 7
Moderate Sell 1 1 1 1
Strong Sell 2 2 2 1
Mean Rec. 3.27 3.27 3.27 3.10
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 6.93
Price Earnings Comparisons:
FOSL Sector Avg. S&P 500
6.93 6.90 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-39.39% -64.14% -73.03%
GROWTH 12 Mo 3 Yr CAGR
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:
EBITDA 0.40B
Revenue 3.23B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $0.09 $0.73 $2.04 $2.16
Number of Analysts 7 5 7 7
High Estimate $0.18 $0.82 $2.15 $2.70
Low Estimate $0.02 $0.61 $1.82 $1.50
Prior Year $1.22 $1.19 $5.63 $2.04
Growth Rate (Year over Year) -92.51% -38.66% -63.77% 6.09%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

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.
What does the Macy's news mean for related retail names?

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