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Fossil Stock Has Risen 276% This Year

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Jun. 21 2018, Published 1:49 p.m. ET

Fossil’s stock returns

Fossil (FOSL) stock has returned 204% in the last 12 months, 50% in the last month, and 2.4% in the last five days. It fell 29% in 2016 and 70% in 2017. Since the start of 2018, Fossil stock has risen significantly, by 276%. In comparison, consumer tech stocks Garmin (GRMN), Fitbit (FIT), and GoPro (GPRO) have returned 19%, 41%, and -19%, respectively, in the last 12 months.

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Analysts’ recommendations and price targets

Of the 11 analysts tracking Fossil stock, one recommends “buy,” seven recommend “hold,” and three recommend “sell.” Their 12-month average price target for Fossil is $16.50, and their median estimate is $17. Fossil is trading at a premium of 42% to its median estimate, driven by its recent price increase.

Moving averages

On June 20, Fossil stock closed at $29.23. Based on that price, the stock is trading as follows:

  • 81% above its 100-day moving average of $16.11
  • 45% above its 50-day moving average of $20.10
  • 13% above its 20-day moving average of $25.89

Technical indicators

Fossil’s 14-day MACD (moving average convergence divergence) is 1.2. MACDs mark the difference between a stock’s short-term and long-term moving averages. The company’s positive MACD indicates an upward trading trend.

Fossil has a 14-day RSI (relative strength index) score of 78, which shows that the stock has entered overbought territory. An RSI score above 70 indicates a stock has been overbought, while an RSI score below 30 suggests it has been oversold.

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