FOSL - Fossil Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
18.00
0.00 (0.00%)
At close: 4:00PM EST
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Previous Close18.00
Open18.29
Bid17.07 x 800
Ask18.00 x 1300
Day's Range17.58 - 18.40
52 Week Range7.16 - 32.17
Volume1,349,525
Avg. Volume1,704,706
Market Cap890.199M
Beta (3Y Monthly)-0.27
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Google buying Fossil Group's smartwatch technology
    Yahoo Finance Video3 days ago

    Google buying Fossil Group's smartwatch technology

    Google announces it's buying Fossil Group's smartwatch technology for $40 million dollars. Yahoo Finance's Melody Hahm discusses the retail sector with Shoptalk's Krystina Gustafson.

  • The Funded: 7 Bay Area startups raise over $300M at week's end
    American City Business Journals2 days ago

    The Funded: 7 Bay Area startups raise over $300M at week's end

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  • Signet Stock Falls on Lackluster Holiday Sales & Lower View
    Zacks2 days ago

    Signet Stock Falls on Lackluster Holiday Sales & Lower View

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  • What does Google get out of buying Fossil’s smartwatch tech?
    Engadget2 days ago

    What does Google get out of buying Fossil’s smartwatch tech?

    Yesterday, Google announced that it would be paying $40 million for intellectual property related to smartwatches from one of its closest partners: Fossil Group. As part of the deal, a portion of Fossil's own R&D workers who were supporting that IP will join Google. To be clear, this isn't a merger, nor is Google buying all of Fossil's smartwatch business.

  • Fossil-Google's Deal Reflects Focus on Wearables Category
    Zacks2 days ago

    Fossil-Google's Deal Reflects Focus on Wearables Category

    Fossil Group (FOSL) unveils plans to sell its IP connected to a smartwatch technology to Google for $40 million.

  • TheStreet.com3 days ago

    Fossil Shares Rise After Company Announces Plan to Sell Tech to Google

    In the deal, Google will pay $40 million to Fossil in exchange for intellectual property needed to make the watches, according to Fossil's press release. Research and development employees at Fossil will join Google employees to work on transferring the intellectual property to Google. "Fossil Group has experienced significant success in its wearables business by focusing on product design and development informed by our strong understanding of consumers' needs and style preferences," said Greg McKelvey, executive vice president and chief strategy and digital officer.

  • Reuters3 days ago

    Fossil to sell smartwatch technology worth $40 million to Google, shares rise

    The sale will see a portion of its research and development team currently working on the technology moving to Google. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry," Stacey Burr, vice president of product management at Google's Wear OS, a smartwatch platform, said.

  • Fossil to sell smartwatch technology worth $40 million to Google, shares rise
    Reuters3 days ago

    Fossil to sell smartwatch technology worth $40 million to Google, shares rise

    The sale will see a portion of its research and development team currently working on the technology moving to Google. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry," Stacey Burr, vice president of product management at Google's Wear OS, a smartwatch platform, said.

  • Google Buys Fossil's Smartwatch Tech, Is Definitely Building a Pixel Watch
    Motley Fool3 days ago

    Google Buys Fossil's Smartwatch Tech, Is Definitely Building a Pixel Watch

    The search giant is looking to accelerate its smartwatch road map in an effort to catch up to the competition.

  • Google is paying Fossil $40 million for smartwatch technology
    American City Business Journals3 days ago

    Google is paying Fossil $40 million for smartwatch technology

    Fossil, a longtime partner of Google, is getting $40 million from the California giant for its smartwatch technology.

  • Fossil Group News: FOSL Stock Climbs on Smartwatch Deal With Google
    InvestorPlace3 days ago

    Fossil Group News: FOSL Stock Climbs on Smartwatch Deal With Google

    In the latest Fossil Group news (NASDAQ:FOSL), the watch maker announced that it has reached a deal with Google -- owned by Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) -- in which Fossil will offer the tech giant some of its technology. The deal will see the watch manufacturer provide Google with some of its smartwatch technology, as well as some members of its research and development division that is responsible for creating the division. The deal is worth an approximate $40 million, with the deal's terms determining that Fossil will transfer a "portion" of its R&D workers. This portion of Fossil's R&D team is directly responsible for the intellectual property that is being sold to the tech giant. This means that Google will now have, under its employment, a team of workers who have hardware experience, helping the company with its WearOS software platform, as well as possibly new smartwatch designs moving forward. InvestorPlace - Stock Market News, Stock Advice & Trading Tips "Wearables, built for wellness, simplicity, personalization and helpfulness, have the opportunity to improve lives by bringing users the information and insights they need quickly, at a glance," Stacey Burr, president of product management for Google's WearOS platform, said. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry by enabling a diverse portfolio of smartwatches and supporting the ever-evolving needs of the vitality-seeking, on-the-go consumer." FOSL stock is up 4.5% Thursday, while GOOG stock is up 0.3% and GOOGL shares are up 0.3%. ### More From InvestorPlace * Morgan Stanley: 7 Risky Stocks to Sell Now * 10 Stocks You Can Set and Forget (Even In This Market) * The 7 Best Stocks in the Entrepreneur Index Compare Brokers The post Fossil Group News: FOSL Stock Climbs on Smartwatch Deal With Google appeared first on InvestorPlace.

  • Fossil Call Volume Spikes on Google Agreement
    Schaeffer's Investment Research3 days ago

    Fossil Call Volume Spikes on Google Agreement

    Before today, it was FOSL put buying that was popular

  • MarketWatch3 days ago

    Fossil stock gains after company says it will sell smartwatch IP to Google for $40 million

    Shares of Fossil Group Inc. are up nearly 5% in afternoon trading Thursday after the company announced that it would be selling intellectual property related to in-development smartwatch technology to Alphabet Inc.'s Google for $40 million. The shares were up as much as 10.9% earlier in the day but have given back some of their gains. Fossil said in a release that some members of its research and development team who are focused on this particular IP will move to Google. "Fossil Group retains more than 200 R&D team members to focus on innovation and product development," the release said. Fossil expects the transaction to close this month. Fossil shares have gained 94% in the past 12 months, as the S&P 500 has lost 6.4%.

  • Bloomberg3 days ago

    Google Spends $40 Million on Watch Tech to Fight Apple

    The Alphabet Inc. unit will pay $40 million for Fossil intellectual property, according to a statement from the companies. Additionally, an unspecified number of Fossil’s research and development employees will join Google. Alphabet stock was little changed at $1,089.58.

  • Google is buying Fossil’s smartwatch tech for $40 million
    TechCrunch3 days ago

    Google is buying Fossil’s smartwatch tech for $40 million

    Rumors about a Pixel Watch have abounded for years. Today Fossil announced plans to sell its smartwatch IP to the software giant for for $40 million. Sounds like Google will be getting a nice head start here as well.

  • Fossil shares jump after Google agrees to buy smartwatch tech for $40 million
    CNBC3 days ago

    Fossil shares jump after Google agrees to buy smartwatch tech for $40 million

    Google will buy $40 million worth of Fossil's smartwatch tech, Fossil said Thursday, driving shares of the company upward.

  • InvestorPlace3 days ago

    Innovation Will Keep Nike Stock on a Winning Path

    If anything has become clear over the past two decades, it is that Nike (NYSE:NKE) is a long term winner. While other fashion brands have come and gone with often fickle fashion trends - think Abercrombie & Fitch (NYSE:ANF), Under Armour (NYSE:UAA), Fossil (NASDAQ:FOSL), or L Brands (NYSE:LB) Victoria's Secret - Nike simply hasn't. Nike stock has remained almost fad-proof. For over two decades now, the company has stood firmly atop the secular growth athletic apparel market, and that has powered Nike stock to consistent gains in a long term window. This will remain true for the foreseeable future for several reasons. Above all else, Nike is innovating way faster than all of its peers, leveraging technology to optimize its product creation strategy, and is bringing new, fresh, and exciting products to market with unprecedented pace. InvestorPlace - Stock Market News, Stock Advice & Trading Tips All of those things boost Nike brand among both professionals and amateurs alike, and maintain Nike as the premiere athletic apparel brand in the world. * 7 Stocks to Buy as the Dollar Weakens Those initiatives will also keep Nike on a winning path for a lot longer. Every now and then, NKE gets slightly undervalued. See mid-2017. It also gets slightly overvalued from time to time. See mid-2018. Ultimately, those are just opportunities to add and trim. At the end of the day, Nike has risen a whopping 560% over the past ten years. Investors have every reason to believe a similar rally will unfold over the next ten years. Thus, NKE is a long term buy-and-hold. Trim on big rallies. Add on big dips. But ultimately stick with NKE stock for the long haul. ### Nike's Innovation Is Firing on All Cylinders If there's one thing that is most important in the apparel market, it is innovation. If you innovate better and more quickly than anyone else, then you will consistently bring better and more exciting products to market. Better and more exciting products boost brand awareness and image. Boosted brand awareness and image attracts professionals and amateurs to your brand. Revenues go up, so you have more money to spend on professional endorsements, which in turn attracts more amateurs, who bring in more money. It's a positive feedback loop that all starts with innovation. Over the past two decades, Nike's innovation in the athletic apparel market has been unprecedented. This arguably remains more true today than it has even been before. Case 1: Nike Adapt BB. Nike just launched its first ever self-lacing smart basketball shoe. It's a smart shoe which is controlled by and connected to a smart device, and tightens or loosens based on user preference. Think real world Back to the Future applied to basketball shoes. Most other athletic apparel companies have yet to launch a self lacing shoe. Nike is applying this technology to performance shoes. Clearly, Nike is way ahead of the curve on self lacing technology. Regardless of if this footwear style becomes the norm or not, Nike's innovation advantage here illustrates just how forward-thinking this company is. Case 2: Nike's Consumer Direct Sciences team. Nike recently expanded its partnership with big data and AI firm Gridsum (NASDAQ:GSUM) to enhance Nike's data driven marketing and sales approach in China. This deal simply shows that Nike is much more than an athletic apparel company. They are a technology company that leverages big data analytics to influence and optimize product creation, assortment, and distribution. Overall, it is clear that Nike is innovating where no one else is the athletic apparel space is innovating. Such innovation has powered huge gains and unprecedented stability in Nike stock over the past twenty years. It will continue to do so over the next twenty years, too. ### Nike Stock Will Remain a Winner Here are the characteristics which have defined NKE over the past five years: * Mid to high single digit annualized revenue growth. * Stable operating margins in the low teens range. * Forward P/E multiple around 25. Those characteristics have been good enough to lead to Nike stock more than doubling over the past five years. In comparison, here are the characteristics which should define Nike stock over the next five years, given the company's innovation and leadership position in a secular growth athletic apparel market: * Mid to high single digit annualized revenue growth. * Slight operating margin expansion due to more premium product assortments. * Forward P/E multiple around 30. Essentially, revenue growth should be the same, and higher earnings growth potential through a more positive outlook on margins is compensated for in a higher forward P/E multiple. Thus, Nike stock is supported by largely the same characteristics today as it has been over the past five years, a stretch in which Nike stock doubled. In this light, Nike stock looks ready to double again over the next five years. ### Bottom Line on NKE Stock Given the company's unprecedented innovation, long history of market leadership, and track record of operational excellence, Nike stock is a long term winner. Dips are merely opportunities to add. Rallies are opportunities to sell. In the long run, this stock will trend significantly higher. As of this writing, Luke Lango was long NKE, FOSL, and LB. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post Innovation Will Keep Nike Stock on a Winning Path appeared first on InvestorPlace.

  • Markit3 days ago

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

    # Fossil Group Inc ### NASDAQ/NGS:FOSL View full report here! ## Summary * Bearish sentiment is high * Economic output in this company's sector is expanding ## 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 | Neutral ETF activity is neutral. The net inflows of $3.14 billion over the last one-month into ETFs that hold FOSL are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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  • Financial Times10 days ago

    [$$] CEOs should remember what happened to the East India Company

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  • Markit11 days ago

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

    # Fossil Group Inc ### NASDAQ/NGS:FOSL View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is high * Economic output in this company's sector is expanding ## 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 | Positive ETF activity is positive. Over the last month, growth of ETFs holding FOSL is favorable, with net inflows of $5.60 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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