Fossil Group Inc (FOSL) is Downgraded by Wells Fargo to " Underperform"

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For this year, Fossil Group, Inc.

After being halted following the company's earnings release, Fossil Group shares fell $3.08 (-13.47%) to $19.79 in after-hours trading Tuesday.

Growth Estimate for Fossil Group, Inc.

How is FOSL going to perform in the future?

It should be noted that even with this growth the expectation is still for earnings to be below the average of the past couple of years. Comparatively, growth in the past five years was -23.37 percent (per annum).

Fossil Group, Inc is a design, marketing and distribution company that specializes in consumer fashion accessories. (NASDAQ:FOSL) for the current quarter.

Given its history, the average earnings announcement surprise was 37.77 percent over the past four quarters. Shares have added 0.44% to $22.98. For the quarter, revenue came in at 737.99M versus consensus estimate of 739.12M. The share price of the stock surged 101.83% for the year. Brokers are expecting EPS of $1.4, according to the 10 recommendations with target range at $19 - $42.

The 23 analysts offering 12-month price forecasts for Goldman Sachs have a median target of 255.00, with a high estimate of 285.00 and a low estimate of 190.00.

The company reported adjusted EPS of $1.32 for the December quarter that topped Capital IQ consensus by 14 cents. The recent trading ended with the price almost -10.27 lower for the last 5 trading days, rebounding 2.32% from its 52-week low. Current price places the company's stock -21.73% away from its 200-day simple moving average, -15.78%, away from the 50-day average and also -7.73% away from 20-day average.

V.F. Corporation (NYSE:VFC) closed up +0.48 points or 0.95% at $50.87 with 3.67 mln shares exchanging hands. FOSL has P/E (Price to Earnings ttm) value of 11.09, Forward P/E of 12.85, P/C (Price to cash per share) of 4.75 and Price to Free Cash Flow (P/FCF) value of 5.46. The company's Relative strength index is 32.39.

In the last Quarter, Fossil Group, Inc. Five analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the stock. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. These analysts and investment firms use various valuation methods to decide a price target for a stock. The mean price target is $247.8 (according to consensus of 17 analysts). The stock is performing -4.65% year to date.

Earnings surprise history: Last quarter, the company posted approximately $737.99 million in revenue and EPS of $0.36. Vanguard Group Inc. now owns 2,949,371 shares of the company's stock valued at $84,146,000 after buying an additional 149,439 shares in the last quarter.

The stock increased 0.44% or $0.1 during the last trading session, hitting $25.55. (NYSE:GS) has a Return on Assets of 0.8 percent, Return on Equity of 9.4 percent, while Return on Investment of 9.8 percent. Buckingham Research began coverage on shares of Fossil Group in a research note on Wednesday, October 26th. The reserve charge for FY16 of $5.6B gross was much higher than our $3.8B forecast, which was high on the Street. Beta for The Goldman Sachs Group, Inc. stands at 1.51 while its ATR (average true range) is 4.7.

Fossil Group, Inc. (NASDAQ:FOSL) is now showing its ROA (Return on Assets) of 4.4%.

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