Media coverage about Fossil Group (NASDAQ:FOSL) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fossil Group earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the accessories brand company an impact score of 46.3366375081557 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern’s scoring:

Shares of Fossil Group (NASDAQ:FOSL) opened at $6.69 on Monday. The company has a market capitalization of $324.65, a price-to-earnings ratio of 8.16 and a beta of 0.74. Fossil Group has a 12-month low of $5.50 and a 12-month high of $35.04. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.32 and a quick ratio of 1.09.

Fossil Group (NASDAQ:FOSL) last released its quarterly earnings results on Tuesday, November 7th. The accessories brand company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.28) by $0.32. The business had revenue of $689.00 million during the quarter, compared to analyst estimates of $649.87 million. Fossil Group had a positive return on equity of 4.75% and a negative net margin of 12.33%. Fossil Group’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.36 EPS. equities analysts anticipate that Fossil Group will post -0.22 earnings per share for the current fiscal year.

A number of equities analysts have recently weighed in on the company. ValuEngine lowered Fossil Group from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Buckingham Research lowered their target price on Fossil Group from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 9th. Bank of America set a $7.00 target price on Fossil Group and gave the stock a “sell” rating in a research report on Wednesday, August 9th. Wells Fargo & Company reaffirmed an “underperform” rating and set a $7.00 target price (down from $8.00) on shares of Fossil Group in a research report on Thursday, August 10th. Finally, Zacks Investment Research lowered Fossil Group from a “hold” rating to a “sell” rating in a research report on Friday, November 10th. Five equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company’s stock. Fossil Group has a consensus rating of “Hold” and a consensus target price of $13.54.

In related news, EVP Martin Frey purchased 7,500 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The stock was acquired at an average cost of $7.41 per share, with a total value of $55,575.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Gregory A. Mckelvey purchased 110,000 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was bought at an average cost of $6.22 per share, with a total value of $684,200.00. The disclosure for this purchase can be found here. Corporate insiders own 12.80% of the company’s stock.

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Fossil Group Company Profile

Fossil Group, Inc is a design, marketing and distribution company that specializes in consumer fashion accessories. The Company’s segments include Americas, Europe and Asia. Each segment includes sales to wholesale and distributor customers, and sales through the Company-owned retail stores and e-commerce activities based on the location of the selling entity.

Insider Buying and Selling by Quarter for Fossil Group (NASDAQ:FOSL)

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