The shares of Fossil Group, Inc. (NASDAQ:FOSL) has been pegged with a rating of Market Perform by Telsey Advisory Group in its latest research note that was published on August 3rd, 2018. The research company has also assigned a $27 price target. Telsey Advisory Group wasn’t the only research firm that published a report of Fossil Group, Inc., with other equities research analysts also giving their opinion on the stock. Telsey Advisory Group advised investors in its research note published on February 14th, 2018, to Market Perform the FOSL stock while also putting a $15 price target. The stock had earned Underperform rating from Buckingham Research when it published its report on January 5th, 2018. The stock was given Market Perform rating by Telsey Advisory Group in its report released on August 9th, 2017, the day when the price target on the stock was placed at $11. Buckingham Research was of a view that FOSL is Neutral in its latest report on June 20th, 2017. Telsey Advisory Group thinks that FOSL is worth Market Perform rating. This was contained in the firm’s report on May 10th, 2017 in which the stock’s price target was also moved to $16.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $20.20. The price of the stock the last time has raised by 204.55% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 44.05.
The shares of the company dipped by -10.91% during the trading session on Tuesday, reaching a low of $19.06 while ending the day at $19.07. During the trading session, a total of 2.02 million shares were traded which represents a -14.96% decline from the average session volume which is 1.76M shares. FOSL had ended its last session trading at 21.40. Fossil Group, Inc. currently has a market cap of $915.69M while its P/E earnings growth sits at 0.34, with a beta of -0.05. Fossil Group, Inc. debt-to-equity ratio currently stands at 0.75, while its quick ratio hovers at 1.10. FOSL 52-week low price stands at $6.26 while its 52-week high price is $32.17.
The company in its last quarterly report recorded $0.19 earnings per share which is above the -$0.19 predicted by most analysts. The Fossil Group, Inc. generated $608.80 million in revenue during the last quarter, which is slightly lower than the $616.23 million predicted by analysts. In the second quarter last year, the firm recorded $0.17 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 10.53%. Fossil Group, Inc. has the potential to record -3.24 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Macquarie published a research note on November 27th, 2018 where it informed investors and clients that Citizens Financial Group, Inc. (NYSE:CFG) is now rated as Outperform. Telsey Advisory Group also rated CFG as Reiterated on February 14th, 2018, with its price target of $15 suggesting that CFG could surge by 22.05% from its current share price. Even though the stock has been trading at $36.06/share, analysts expect it to surge higher by -0.03% to reach $46.25/share. It started the day trading at $36.5 and traded between $35.79 and $36.05 throughout the trading session.
A look at its technical shows that CFG’s 50-day SMA is 37.46 while its 200-day SMA stands at 40.73. The stock has a high of $48.23 for the year while the low is $34.82. The company’s P/E ratio currently sits at 11.11, while the P/B ratio is 0.87. The company’s average trading volume currently stands at 4.71M shares, which means that the short-interest ratio is just 2.04 days. Over the past seven days, the company moved, with its shift of 0.28%. Looking further, the stock has dropped -13.13% over the past 90 days while it lost -10.86% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more CFG shares, decreasing its portfolio by -0.85% during the last quarter. This move now sees The Vanguard Group Inc selling -446,615 shares in the last quarter, thus it now holds 51,887,570 shares of CFG, with a total valuation of $1,938,000,740. BlackRock Fund Advisors meanwhile bought more CFG shares in the recently filed quarter, changing its stake to $954,881,995 worth of shares. SSgA Funds Management Inc followed the path by decreasing its CFG portfolio by -0.36% in the quarter. This means that SSgA Funds Management Inc sold -91,059 shares in the last quarter and now controls 24,966,796 shares of the CFG stock, with the valuation hitting $932,509,831.
Similarly, Invesco Advisers Inc decreased its Citizens Financial Group, Inc. shares by -1.96% during the recently filed quarter. After selling -393,846 shares in the last quarter, the firm now controls 19,651,768 shares of Citizens Financial Group, Inc. which are valued at $733,993,535. In the same vein, JPMorgan Investment Management I increased its Citizens Financial Group, Inc. shares by during the most recent reported quarter. The firm bought 2,284,040 shares during the quarter which increased its stakes to 12,334,400 shares and is now valued at $460,689,840. Following these latest developments, around 0.10% of Citizens Financial Group, Inc. stocks are owned by institutional investors and hedge funds.