Oxford Industries, Inc. (NYSE:OXM) Given Average Rating of “Hold” by Brokerages

Shares of Oxford Industries, Inc. (NYSE:OXM) have earned an average recommendation of “Hold” from the five analysts that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $103.20.

Several analysts have issued reports on the stock. UBS Group increased their target price on shares of Oxford Industries from $105.00 to $106.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 19th. Telsey Advisory Group reiterated a “market perform” rating and issued a $102.00 price objective on shares of Oxford Industries in a research report on Monday, March 25th.

Institutional Investors Weigh In On Oxford Industries

A number of large investors have recently added to or reduced their stakes in OXM. Steward Partners Investment Advisory LLC bought a new position in shares of Oxford Industries during the 4th quarter valued at about $25,000. Quarry LP grew its position in Oxford Industries by 602.0% during the second quarter. Quarry LP now owns 358 shares of the textile maker’s stock valued at $35,000 after acquiring an additional 307 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new position in shares of Oxford Industries during the fourth quarter worth approximately $35,000. Quest Partners LLC bought a new stake in shares of Oxford Industries in the 4th quarter worth approximately $36,000. Finally, Milestone Investment Advisors LLC bought a new stake in Oxford Industries in the third quarter worth $38,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Oxford Industries Stock Down 0.1 %

Oxford Industries stock opened at $112.40 on Monday. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 11.78 and a beta of 1.59. Oxford Industries has a 1-year low of $82.33 and a 1-year high of $113.88. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.11. The firm has a 50 day simple moving average of $101.70 and a 200 day simple moving average of $96.76.

Oxford Industries (NYSE:OXM) last issued its earnings results on Thursday, March 28th. The textile maker reported $1.90 EPS for the quarter, missing the consensus estimate of $1.92 by ($0.02). Oxford Industries had a return on equity of 27.89% and a net margin of 9.86%. The company had revenue of $404.43 million during the quarter, compared to the consensus estimate of $408.28 million. During the same quarter in the prior year, the business earned $2.28 EPS. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. On average, analysts predict that Oxford Industries will post 10.18 earnings per share for the current year.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Thursday, April 18th. This represents a $2.68 annualized dividend and a dividend yield of 2.38%. This is a boost from Oxford Industries’s previous quarterly dividend of $0.65. Oxford Industries’s dividend payout ratio (DPR) is 27.25%.

Oxford Industries Company Profile

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands 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 children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand; and men, women, and kids products under the Southern Tide brand.