News stories about Oxford Industries (NYSE:OXM) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oxford Industries earned a news impact score of 0.13 on Accern’s scale. Accern also assigned headlines about the textile maker an impact score of 46.0967078415083 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several research analysts recently commented on the stock. B. Riley reiterated a “buy” rating on shares of Oxford Industries in a research note on Wednesday, November 1st. KeyCorp reiterated a “buy” rating and set a $78.00 price objective on shares of Oxford Industries in a research note on Friday, November 24th. Zacks Investment Research lowered shares of Oxford Industries from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. SunTrust Banks reiterated a “buy” rating on shares of Oxford Industries in a research note on Thursday, December 7th. Finally, Telsey Advisory Group upped their price target on shares of Oxford Industries from $65.00 to $68.00 and gave the company a “market perform” rating in a research note on Wednesday, December 6th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $77.80.
Shares of Oxford Industries (NYSE OXM) traded up $1.29 during trading on Monday, reaching $79.09. 94,538 shares of the company’s stock were exchanged, compared to its average volume of 127,164. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.99 and a quick ratio of 0.91. Oxford Industries has a twelve month low of $49.50 and a twelve month high of $84.32. The firm has a market cap of $1,309.62, a price-to-earnings ratio of 25.93, a price-to-earnings-growth ratio of 1.74 and a beta of 0.36.
Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Tuesday, December 5th. The textile maker reported $0.17 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.05. The business had revenue of $236.00 million for the quarter, compared to analyst estimates of $242.98 million. Oxford Industries had a net margin of 4.83% and a return on equity of 14.26%. Oxford Industries’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.07) EPS. equities research analysts anticipate that Oxford Industries will post 3.65 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 2nd. Stockholders of record on Friday, January 19th were paid a $0.27 dividend. The ex-dividend date was Thursday, January 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.37%. Oxford Industries’s payout ratio is currently 35.41%.
In other news, insider James Wesley Howard, Jr. sold 4,750 shares of the stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $80.25, for a total value of $381,187.50. Following the sale, the insider now owns 6,204 shares in the company, valued at $497,871. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dennis M. Love sold 1,500 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $72.09, for a total transaction of $108,135.00. Following the completion of the sale, the director now owns 17,002 shares in the company, valued at approximately $1,225,674.18. The disclosure for this sale can be found here. 3.29% of the stock is owned by corporate insiders.
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About Oxford Industries
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.
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