|Bid||25.51 x 800|
|Ask||25.98 x 4000|
|Day's Range||25.13 - 26.09|
|52 Week Range||5.50 - 32.17|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.50|
Shares of wearables maker Fitbit (NYSE:FIT) were red-hot in May and early June. Fitbit’s latest and greatest smartwatch, Versa, is awesome, but not awesome enough to change the landscape of the smartwatch market that is over-crowded with competitors and dominated by Apple (NASDAQ:AAPL). Thus, the data side of the wearables industry is commoditized, and Fitbit could inevitably be squeezed out of that, too.
Fossil's (FOSL) connected watches portfolio continues to grow steadily, courtesy of consumers' growing fondness for tech-savvy products.
The portfolio's performance is driven by Fossil Group Inc. (up 46%) has staged a nice turnaround since April's update, when it was in negative territory. Then, last month, Staples took a 9.9% stake in ESND in pursuit of an unsolicited buyout.
After a robust 2017, U.S. luxury goods' stocks seem poised for a great year thanks to optimism surrounding steady economic growth, lower tax rates, higher consumer confidence, strong wage growth, and a 18-year-low unemployment rate.
Index (PMI) data, output in the Consumer Goods sector is rising. 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.
Value investors often struggle when to close a position, particularly if a stock turns around faster than anticipated.
DICK'S Sporting (DKS) gains from investments in e-commerce, technology, store payroll, Team Sports HQ and private brands. But, margins and softness in some product categories remain concerns.
Hibbett (HIBB) displays mixed sentiments as soft quarterly performance and soft margin trend hurt the stock. Long-term prospects look bright on robust strategies.
Fossil's (FOSL) stock appears promising, courtesy of its strong wearable business, e-commerce expansion strategy and New World Fossil program.
The blue line crossing over the black is a bullish signal, while the black crossing over the blue is a bearish signal Fossil Fossil Group Inc (NASDAQ: FOSL) had a predictive moving average crossover to the upside on May 8, the day it raised its sales outlook for the year as part of its Q1 earnings report. The stock had previously been in a period of consolidation from $12-$14, but has since blasted off to highs not seen since late 2016. Since the crossover on May 8, FOSL has more than doubled. Omega Healthcare Investors Omega Healthcare Investors Inc (NYSE: OHI) experienced a bullish crossover on May 1, when the stock closed at $26.53.
If you want access to our free earnings report on Fossil Group, Inc. (NASDAQ: FOSL) ("Fossil"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FOSL. The Company reported its first quarter fiscal 2018 operating and financial results on May 08, 2018. Active-Investors.com is currently working on the research report for Caleres, Inc. (NYSE: CAL), which also belongs to the Consumer Goods sector as the Company Fossil Group.
In early May, I bought shares of Fitbit Inc (NYSE:FIT) before the company’s first quarter earnings report. Sometimes in the stock market, you’re right for the wrong reasons, and that is perfectly okay. Instead, Fitbit stock dropped after the Q1 report, despite strong numbers, due to a weak guide which called for persistent revenue declines and margin compression.