Wells Fargo & Company set a $12.00 target price on Fossil Group, Inc. "(FOSL) Given Average Rating of "Hold" by Analysts" was reported by Sports Perspectives and is owned by of Sports Perspectives. The firm now has a sell rating on the textile maker's stock.
FOSL has been the topic of several research analyst reports. The price of the stock has decreased by 17.63% since.
Analysts are speculating a 244.09% move, based on the high target price ($32) for the shares that is set to reach in the next 12 months. The price of the stock has decreased by 4.42% since. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. Instinet reduced their target price on Fossil Group from $15.00 to $13.00 and set a "neutral" rating for the company in a report on Wednesday, May 10th.
No DUP deal but Queen's Speech date confirmed
The Queen's Speech, which outlines the Government's policies for the parliamentary session, will take place on Wednesday 21 June. She announced the delay in a tweet Thursday , confirming earlier reports that the event would be pushed back.
Shares of Fossil Group Inc (NASDAQ:FOSL) opened at 10.69 on Friday. The company saw 3.47 million shares trade hands over the course of the day. The firm has a 50-day moving average price of $12.84 and a 200 day moving average price of $20.08. Stock's twelve month price oscillated between $36.87 and $9.57.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Fossil Group, Inc. the EPS stands at -0.35 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.44, suggesting the stock exceeded the analysts' expectations. New Jersey-based Kcg has invested 0.02% in Fossil Group Inc (NASDAQ:FOSL). The textile maker reported ($0.35) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.14. Nuveen Asset Ltd Liability Corporation has invested 0% in Fossil Group Inc (NASDAQ:FOSL). Revenue for the quarter also did not kill consensus, coming in at $581.8M, compared to the consensus of 590.51M. On average, equities analysts anticipate that Fossil Group will post $0.84 earnings per share for the current fiscal year. FDO Partners LLC owned approximately 0.40% of Fossil Group at the end of the most recent reporting period.
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America's Cup: Team NZ helmsman Peter Burling - We can't stand still
In the first race, Spithill was over the starting line early, forcing him to drop two boat lengths behind to clear the penalty. Simon van Velthooven, who won a bronze medal in track cycling at the London Olympics, was aboard for Race 3.
In related news, Chairman Kosta N. Kartsotis sold 520,281 shares of the company's stock in a transaction dated Friday, June 9th. The EPS of company is strolling at 3.42.The company's Market capitalization is $6.33 Billion with the total Outstanding Shares of 171.00 million. Following the sale, the chairman now directly owns 3,445,546 shares in the company, valued at $36,901,797.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The shares were sold at an average price of $10.71, for a total value of $5,572,209.51. Morgan Stanley now owns 519 shares with a value of $9,000. The disclosure for this sale can be found here.
Want to see what other hedge funds are holding FOSL? Seven Eight Capital LP bought a new position in Fossil Group during the fourth quarter worth about $109,000. Thompson Siegel & Walmsley LLC now owns 1,929,377 shares of the textile maker's stock worth $49,894,000 after buying an additional 548,901 shares in the last quarter. Sather Financial Group Inc increased its position in shares of Fossil Group by 1.0% in the first quarter. Fossil Group Cmn Stk (NASDAQ:FOSL)'s price to free cash flow for trailing twelve months is 2.59.
ValuEngine downgraded shares of Fossil Group, Inc. The average volume of a stock suggests the liquidity of a particular company. Capstone Asset Management Co. now owns 14,550 shares of the textile maker's stock worth $254,000 after buying an additional 6,460 shares in the last quarter. Goldman Sachs Group Inc owns 180,692 shares worth $3,153,000. Schafer Cullen Capital Management Inc. now owns 12,852 shares of the textile maker's stock valued at $357,000 after buying an additional 833 shares during the last quarter. The institutional investor owned 62,990 shares of the textile maker's stock after selling 7,120 shares during the period.
London Police Plead for Calm after Attack at Mosque
A man was inside in the van, I saw with my eye, and the old man was also on the ground, and I see some people were also injured. But in the past decade, the mosque has transformed its image, with its leadership outspoken in advocating interfaith harmony.
Fossil Group, Inc is a design, marketing and distribution company that specializes in consumer fashion accessories.
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