Fossil Group Inc (NASDAQ:FOSL) has a beta value of 2.05 and has seen 1.13 million shares traded in the last trading session. The company, currently valued at $48.82M, closed the last trade at $0.93 per share which meant it gained $0.08 on the day or 8.85% during that session. The FOSL stock price is -292.47% off its 52-week high price of $3.65 and 16.13% above the 52-week low of $0.78. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.67 million shares traded. The 3-month trading volume is 700.73K shares.
Fossil Group Inc (NASDAQ:FOSL) trade information
Sporting 8.85% in the green in last session, the stock has traded in the green over the last five days, when the FOSL stock price touched $0.93 or saw a rise of 0.53%. Year-to-date, Fossil Group Inc shares have moved -36.30%, while the 5-day performance has seen it change 8.44%. Over the past 30 days, the shares of Fossil Group Inc (NASDAQ:FOSL) have changed -10.58%. Short interest in the company has seen 4.72 million shares shorted with days to cover at 9.62.
Fossil Group Inc (FOSL) estimates and forecasts
The company’s shares have lost -56.54% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -27.30%.
1 analysts offering their estimates for the company have set an average revenue estimate of $435.5 million for the current quarter. 1 have an estimated revenue figure of $528.1 million for the next quarter concluding in Dec 2020. Year-ago sales stood $539.49 million and $711.6 million respectively for this quarter and the next, and analysts expect sales will shrink by -19.30% for the current quarter and -25.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -111.68% over the past 5 years.
FOSL Dividends
Fossil Group Inc is expected to release its next earnings report between May 08 and May 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Fossil Group Inc (NASDAQ:FOSL)’s Major holders
Insiders own 10.68% of the company shares, while shares held by institutions stand at 63.24% with a share float percentage of 70.81%. Investors are also buoyed by the number of investors in a company, with Fossil Group Inc having a total of 120 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 3.46 million shares worth more than $8.89 million. As of Jun 29, 2023, Blackrock Inc. held 6.59% of shares outstanding.
The other major institutional holder is Vanguard Group Inc, with the holding of over 2.78 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $7.13 million and represent 5.29% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Jun 29, 2023, the former fund manager holds about 2.96% shares in the company for having 1.55 million shares of worth $3.99 million while later fund manager owns 1.14 million shares of worth $2.42 million as of Aug 30, 2023, which makes it owner of about 2.17% of company’s outstanding stock.
