Fossil Group (FOSL) Receives Daily News Sentiment Rating of 0.13
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:
- Global Industrial Wax Market Forecast to 2022 – Availability of Substitutes in the Major Applications Proving to be a Key Restraint – Research and Markets (markets.financialcontent.com)
- Factors of Influence in 2018, Key Indicators and Opportunity within Visa, The Kraft Heinz, AbbVie, Fossil Group, Geron, and Universal Insurance Holdings — New Research Emphasizes Economic Growth (finance.yahoo.com)
- Fossil Group, Inc. (FOSL) Expected to Announce Quarterly Sales of $888.42 Million (americanbankingnews.com)
- Fossil Group, Inc. (FOSL) Sees Large Increase in Short Interest (americanbankingnews.com)
- What is Recommendation from Analysts on Fossil Group Cmn Stk (FOSL)? – ExpertGazette (expertgazette.com)
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.
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.
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