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Fossil Group, Inc. (FOSL) Downgraded by ValuEngine

19 June 2017

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.

CT 2017: Pakistan Thrash India To Become Champions
From that point, Pakistan changed gears scoring 33 runs in the next two overs with Jadeja and Ashwin leaking 16 and 17 runs. The 128-run opening partnership between Fakhar and Azhar Ali helped bolster green shirts' overall total.

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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Steve Scalise's condition upgraded from 'critical' to 'serious' condition
The American Hospital Association defines "critical" condition as: "Vital signs are unstable and not within normal limits". The person did not disclose the names but said those listed had been briefed.

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.

Brooks Koepka caps a record week with US, Open title
The 356 yard par-four 15th was the not only the toughest hole of Sunday's final round but proved key swing in the trophy chase . He joined McIlroy (2011 at Congressional) and Tiger Woods (12-under at Pebble Beach in 2000) as the only players to win a U.S.

Fossil Group, Inc is a design, marketing and distribution company that specializes in consumer fashion accessories.