3. As of noon trading, Fossil ( FOSL) is down $5.13 (-4.6%) to $105.52 on heavy volume Thus far, 1.1 million shares of Fossil exchanged hands as compared to its average daily volume of 704,700 shares. The stock has ranged in price between $105.28-$109.15 after having opened the day at $107.52 as compared to the previous trading day's close of $110.65.

Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories worldwide. Fossil has a market cap of $6.4 billion and is part of the consumer durables industry. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 15.4% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Fossil a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Fossil as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Fossil Ratings Report now.

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