News articles about Oxford Industries (NYSE:OXM) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oxford Industries earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news articles about the textile maker an impact score of 47.4110177305322 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
OXM has been the topic of a number of recent analyst reports. ValuEngine raised shares of Oxford Industries from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Citigroup restated a “buy” rating and set a $90.00 price objective on shares of Oxford Industries in a report on Wednesday, April 18th. DA Davidson set a $91.00 price objective on shares of Oxford Industries and gave the stock a “buy” rating in a report on Monday, April 2nd. SunTrust Banks set a $90.00 price objective on shares of Oxford Industries and gave the stock a “buy” rating in a report on Thursday, March 29th. Finally, Zacks Investment Research upgraded shares of Oxford Industries from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a report on Tuesday, March 27th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Oxford Industries currently has an average rating of “Buy” and an average target price of $83.33.
Shares of NYSE:OXM opened at $82.33 on Friday. Oxford Industries has a 12 month low of $52.89 and a 12 month high of $84.32. The company has a current ratio of 1.75, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11. The firm has a market cap of $1.38 billion, a P/E ratio of 22.49 and a beta of 0.33.
Oxford Industries (NYSE:OXM) last issued its quarterly earnings data on Wednesday, March 28th. The textile maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.01. Oxford Industries had a net margin of 5.99% and a return on equity of 15.02%. The business had revenue of $293.00 million for the quarter, compared to analyst estimates of $293.19 million. During the same period last year, the business posted $0.90 earnings per share. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. research analysts predict that Oxford Industries will post 4.57 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, May 4th. Shareholders of record on Friday, April 20th were paid a $0.34 dividend. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.27. This represents a $1.36 annualized dividend and a yield of 1.65%. The ex-dividend date was Thursday, April 19th. Oxford Industries’s payout ratio is presently 37.16%.
In other Oxford Industries news, CFO Scott Grassmyer sold 4,665 shares of Oxford Industries stock in a transaction on Monday, April 16th. The shares were sold at an average price of $77.65, for a total value of $362,237.25. Following the sale, the chief financial officer now directly owns 36,440 shares in the company, valued at approximately $2,829,566. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Thomas Caldecot Chubb III sold 3,500 shares of Oxford Industries stock in a transaction on Monday, April 16th. The shares were sold at an average price of $76.97, for a total transaction of $269,395.00. Following the completion of the sale, the chief executive officer now owns 114,514 shares in the company, valued at $8,814,142.58. The disclosure for this sale can be found here. Insiders sold a total of 13,165 shares of company stock worth $1,016,482 over the last quarter. Company insiders own 2.07% of the company’s stock.
About Oxford Industries
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
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