Fossil Group Inc (NASDAQ:FOSL) Currently -60.71% Below Its 52-Week High But The Downside Potential May Surprise You

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In recent trading session, Fossil Group Inc (NASDAQ:FOSL) saw 0.9 million shares changing hands at last check today with its beta currently measuring 2.23. Company’s recent per share price level of $1.12 trading at -$0.15 or -12.20% at last check today assigns it a market valuation of $59.24M. That most recent trading price of FOSL’s stock is at a discount of -60.71% from its 52-week high price of $1.80 and is indicating a premium of 33.04% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.42 million shares which gives us an average trading volume of 286.65K if we extend that period to 3-months.

Fossil Group Inc (NASDAQ:FOSL) trade information

Upright in the red during last session for losing -12.20%, in the last five days FOSL remained trading in the red while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $1.12 price level, adding 21.48% to its value on the day. Fossil Group Inc’s shares saw a change of -23.63% in year-to-date performance and have moved -12.89% in past 5-day. Fossil Group Inc (NASDAQ:FOSL) showed a performance of -4.70% in past 30-days. Number of shares sold short was 1.9 million shares which calculate 6.41 days to cover the short interests.

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Fossil Group Inc (FOSL) estimates and forecasts

This year revenue growth is estimated to fall -27.30% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 435.5M for the same. And 1 analysts are in estimates of company making revenue of 528.1M in the next quarter. Company posted 539.49M and 711.6M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -111.68% during past 5 years.

Fossil Group Inc (NASDAQ:FOSL)’s Major holders

Insiders are in possession of 11.65% of company’s total shares while institution are holding 40.31 percent of that, with stock having share float percentage of 45.62%. Investors also watch the number of corporate investors in a company very closely, which is 40.31% institutions for Fossil Group Inc that are currently holding shares of the company. AMERIPRISE FINANCIAL INC is the top institutional holder at FOSL for having 2.27 million shares of worth $3.27 million. And as of 2024-06-30, it was holding 4.3206 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.22 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.2215 of outstanding shares, having a total worth of $3.19 million.