Oxford Industries (NYSE:OXM – Get Rating) is scheduled to release its earnings data after the market closes on Wednesday, June 7th. Analysts expect Oxford Industries to post earnings of $3.74 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Oxford Industries (NYSE:OXM – Get Rating) last posted its quarterly earnings results on Thursday, March 23rd. The textile maker reported $2.28 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.14. The business had revenue of $382.48 million for the quarter, compared to the consensus estimate of $377.38 million. Oxford Industries had a return on equity of 33.13% and a net margin of 11.74%. The company’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.68 EPS. On average, analysts expect Oxford Industries to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.
Oxford Industries Stock Performance
Shares of OXM stock opened at $99.79 on Monday. The stock has a market cap of $1.57 billion, a PE ratio of 9.82 and a beta of 1.55. The business has a 50-day simple moving average of $103.70 and a 200-day simple moving average of $107.41. The company has a quick ratio of 0.41, a current ratio of 1.23 and a debt-to-equity ratio of 0.21. Oxford Industries has a 52-week low of $82.14 and a 52-week high of $123.37.
Oxford Industries Increases Dividend
Insider Activity
In other Oxford Industries news, Director Dennis M. Love sold 1,000 shares of the firm’s stock in a transaction on Friday, April 21st. The stock was sold at an average price of $105.93, for a total transaction of $105,930.00. Following the completion of the sale, the director now owns 15,892 shares of the company’s stock, valued at $1,683,439.56. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 6.00% of the company’s stock.
Institutional Investors Weigh In On Oxford Industries
A number of institutional investors have recently modified their holdings of the company. Steward Partners Investment Advisory LLC purchased a new stake in Oxford Industries during the 4th quarter worth about $25,000. Coppell Advisory Solutions Corp. purchased a new stake in shares of Oxford Industries in the 4th quarter valued at about $35,000. UBS Group AG lifted its holdings in shares of Oxford Industries by 51.4% in the 3rd quarter. UBS Group AG now owns 501 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 170 shares during the last quarter. State of Wyoming lifted its holdings in shares of Oxford Industries by 154.2% in the 4th quarter. State of Wyoming now owns 943 shares of the textile maker’s stock valued at $88,000 after purchasing an additional 572 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in shares of Oxford Industries by 60.5% in the 1st quarter. Lazard Asset Management LLC now owns 1,112 shares of the textile maker’s stock valued at $100,000 after purchasing an additional 419 shares during the last quarter. 92.94% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the company. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $125.00 price target on shares of Oxford Industries in a report on Friday, March 24th. StockNews.com assumed coverage on Oxford Industries in a report on Thursday, May 18th. They set a “buy” rating for the company. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.00.
Oxford Industries Company Profile
Oxford Industries, Inc engages in the design, sourcing, marketing, and distribution of apparel products. Its brands include Tommy Bahama, Lilly Pulitzer, Southern Tide, Johnny Was, TBBC, and Duck Head. The company was founded by John Hicks Lanier and Sartain Lanier in 1942 and is headquartered in Atlanta, GA.
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