The leading market experts have placed a mean price target of $28.33 on Fossil Group, Inc. (NASDAQ:FOSL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.32 a share for the upcoming quarter and $1.87 for the current fiscal.
The technical analysis of Fossil Group, Inc. plainly substantiates that the 50-day moving average of Fossil Group, Inc. is $30.37, and stock is trading $-2.27 points away or -7.48% from its 50-day moving average of $30.37. Further it is trading $-7.18 or -20.36% away its 200-day moving average of $35.28. Fossil Group, Inc. (NASDAQ:FOSL) 52-week high is $62.13 and the 52-week low is $26.03.
This explains if the stock moves $-34.03, it will post a 52-week high. In event of +7.95% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Fossil Group, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Fossil Group, Inc. (NASDAQ:FOSL) ratio came in at 9.72.
The stock last ended the trading session at $28.10 and registered a market cap of $1.35B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Fossil Group, Inc. (NASDAQ:FOSL) PEG ratio is at -5.82.
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