News headlines about Oxford Industries (NYSE:OXM) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news 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 0.11 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 46.1109601741521 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
Shares of Oxford Industries (NYSE OXM) opened at 65.43 on Friday. Oxford Industries has a 12-month low of $49.50 and a 12-month high of $76.19. The company’s 50 day moving average price is $62.84 and its 200-day moving average price is $60.19. The firm has a market cap of $1.10 billion, a P/E ratio of 22.62 and a beta of 0.37.
Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Thursday, August 31st. The textile maker reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.01. The firm had revenue of $284.70 million for the quarter, compared to the consensus estimate of $291.34 million. Oxford Industries had a return on equity of 13.56% and a net margin of 4.64%. The firm’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the business posted $1.48 EPS. On average, equities research analysts anticipate that Oxford Industries will post $3.59 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, October 13th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Thursday, October 12th. This represents a $1.08 annualized dividend and a dividend yield of 1.65%. Oxford Industries’s dividend payout ratio is currently 37.37%.
A number of equities research analysts have recently weighed in on the company. SunTrust Banks, Inc. restated a “buy” rating and set a $66.00 price target on shares of Oxford Industries in a research note on Tuesday. Zacks Investment Research upgraded Oxford Industries from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a research note on Thursday, September 7th. DA Davidson lowered Oxford Industries from a “buy” rating to a “neutral” rating and set a $68.00 price target on the stock. in a research note on Friday, September 8th. Needham & Company LLC set a $62.00 price target on Oxford Industries and gave the stock a “buy” rating in a research note on Monday, October 16th. Finally, BidaskClub lowered Oxford Industries from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $66.78.
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Oxford Industries Company Profile
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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