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See what the IHS Markit Score report has to say about Fossil Group Inc.

IHS Markit

Fossil Group Inc

NASDAQ/NGS:FOSL

Score: Negative (4)

435 days at current score.

Downgraded from Neutral on February 3rd 2017

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Summary


  • This company ranked negatively in all 3 IHS Markit categories and the Consumer Goods sector
  • ETFs holding this stock have seen outflows over the last one-month
  • Bearish sentiment is high
  • Economic output for the sector is expanding but at a slower rate


Bearish sentiment

Short interest | Negative

Short interest is extremely high for FOSL with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting FOSL.

Money flow

ETF/Index ownership | Negative

ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding FOSL totaled $336 million. Additionally, the rate of outflows appears to be accelerating.

Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months.

Credit worthiness

Credit default swap

CDS data is not available for this security.

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