Could Fossil Group Inc (FOSL)’s Current Volatility Hinder Its Future Potential?

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Fossil Group Inc (NASDAQ:FOSL) has a beta value of 2.09 and has seen 1.22 million shares traded in the last trading session. The company, currently valued at $40.83M, closed the last trade at $0.78 per share which meant it -0.22% during that session. The FOSL stock price is -338.46% off its 52-week high price of $3.42 and 2.56% above the 52-week low of $0.76. The 3-month trading volume is 724.71K shares.

Fossil Group Inc (NASDAQ:FOSL) trade information

Sporting -0.22% in the red in last session, the stock has traded in the red over the last five days, when the FOSL stock price touched $0.78 or saw a rise of 6.75%. Year-to-date, Fossil Group Inc shares have moved -46.73%, while the 5-day performance has seen it change -7.02%. Over the past 30 days, the shares of Fossil Group Inc (NASDAQ:FOSL) have changed -26.27%.

Fossil Group Inc (FOSL) estimates and forecasts

The company’s shares have lost -48.83% 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 in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.