Fossil Group (NASDAQ:FOSL) Stock Rating Upgraded by Zacks Research

Fossil Group (NASDAQ:FOSL) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday, Zacks reports.

Several other analysts have also weighed in on FOSL. Lake Street Capital started coverage on shares of Fossil Group in a research note on Wednesday, October 7th. They set a “buy” rating and a $10.00 target price for the company. Craig Hallum initiated coverage on shares of Fossil Group in a research report on Thursday, September 10th. They issued a “buy” rating and a $12.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fossil Group in a report on Thursday, October 15th. Finally, Northland Securities set a $8.00 price target on shares of Fossil Group in a report on Thursday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $9.25.

Fossil Group Stock Down 12.3%

NASDAQ:FOSL opened at $8.74 on Wednesday. The company has a debt-to-equity ratio of 2.58, a quick ratio of 1.05 and a current ratio of 1.73. The company has a market capitalization of $516.88 million, a price-to-earnings ratio of -26.48 and a beta of 1.61. Fossil Group has a one year low of $1.70 and a one year high of $10.55. The stock has a 50-day simple moving average of $6.55 and a 200 day simple moving average of $5.01.

Fossil Group (NASDAQ:FOSL) last announced its quarterly earnings data on Tuesday, November 10th. The accessories brand company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.23. Fossil Group had a negative return on equity of 7.76% and a negative net margin of 1.86%. The firm had revenue of $271.20 million for the quarter, compared to analysts’ expectations of $248.66 million. During the same quarter in the prior year, the firm posted ($0.76) earnings per share. Sell-side analysts predict that Fossil Group will post -0.04 EPS for the current fiscal year.

Insider Activity at Fossil Group

In other news, Director Pamela J. Edwards acquired 7,208 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were acquired at an average price of $5.58 per share, with a total value of $40,220.64. Following the acquisition, the director directly owned 50,251 shares in the company, valued at approximately $280,400.58. The trade was a 16.75% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.80% of the company’s stock.

Institutional Trading of Fossil Group

Several hedge funds have recently bought and sold shares of FOSL. Kanen Wealth Management LLC boosted its stake in Fossil Group by 246.3% during the 3rd quarter. Kanen Wealth Management LLC now owns 3,022,258 shares of the accessories brand company’s stock valued at $20,086,000 after purchasing an additional 2,149,461 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Fossil Group by 10.3% in the third quarter. Russell Investments Group Ltd. now owns 52,238 shares of the accessories brand company’s stock valued at $343,000 after purchasing an additional 4,899 shares during the period. Headlands Technologies LLC increased its stake in shares of Fossil Group by 132.1% in the second quarter. Headlands Technologies LLC now owns 55,214 shares of the accessories brand company’s stock valued at $229,000 after purchasing an additional 31,422 shares during the period. Nantahala Capital Management LLC acquired a new stake in shares of Fossil Group in the second quarter valued at approximately $22,791,230. Finally, Empowered Funds LLC bought a new stake in shares of Fossil Group during the second quarter valued at approximately $558,000. 61.14% of the stock is currently owned by institutional investors.

Fossil Group News Summary

These are some of the FOSL news items that stood out recently:

• Positive Sentiment: Zacks Research upgraded FOSL from “hold” to “strong buy,” adding to positive analyst coverage. Zacks Research ratings
• Neutral Sentiment: The recent earnings-driven rally has been substantial, and one analysis argued that much of the improved outlook may already be reflected in the share price. Fossil Group Q3 analysis
• Negative Sentiment: Northland cut its Q4 2026 EPS estimate to $0.05 from $0.13. The turnaround also remains exposed to significant debt and the need to convert elevated holiday inventory into sales and cash flow.

About Fossil Group

Fossil Group designs, develops, markets and distributes fashion accessories, including watches, handbags, small leather goods, jewelry and other accessories. Its products are sold under company-owned brands such as Fossil, Skagen, Michele and Zodiac, as well as through licensing agreements with third-party brands. Founded in 1984, the company has built its business around combining watchmaking with fashion-oriented design. It serves customers internationally through wholesale partners, retail stores and online channels.