News headlines about Oxford Industries (NYSE:OXM) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oxford Industries earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the textile maker an impact score of 45.8176811445311 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several equities analysts have weighed in on OXM shares. Zacks Investment Research upgraded shares of Oxford Industries from a “hold” rating to a “buy” rating and set a $81.00 target price on the stock in a report on Thursday, December 21st. Telsey Advisory Group upped their price objective on shares of Oxford Industries from $58.00 to $65.00 and gave the stock a “market perform” rating in a report on Thursday, November 30th. SunTrust Banks reiterated a “buy” rating and set a $66.00 target price on shares of Oxford Industries in a report on Tuesday, October 24th. DA Davidson set a $71.00 target price on shares of Oxford Industries and gave the stock a “hold” rating in a report on Wednesday, December 6th. Finally, B. Riley began coverage on shares of Oxford Industries in a report on Friday, December 22nd. They set a “buy” rating and a $84.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Oxford Industries has a consensus rating of “Buy” and an average price target of $77.80.
Shares of Oxford Industries (NYSE:OXM) traded up $0.28 during trading on Friday, reaching $84.20. 109,127 shares of the company’s stock traded hands, compared to its average volume of 131,780. Oxford Industries has a 52 week low of $49.50 and a 52 week high of $84.32. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.99 and a quick ratio of 0.91. The stock has a market cap of $1,420.00, a P/E ratio of 26.56, a P/E/G ratio of 2.29 and a beta of 0.37.
Oxford Industries (NYSE:OXM) last issued its quarterly earnings data on Tuesday, December 5th. The textile maker reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.05. Oxford Industries had a net margin of 4.83% and a return on equity of 14.26%. The company had revenue of $236.00 million for the quarter, compared to the consensus estimate of $242.98 million. During the same period last year, the firm posted ($0.07) EPS. Oxford Industries’s revenue for the quarter was up 6.2% on a year-over-year basis. sell-side analysts anticipate that Oxford Industries will post 3.67 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 2nd. Stockholders of record on Friday, January 19th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.28%. The ex-dividend date is Thursday, January 18th. Oxford Industries’s dividend payout ratio (DPR) is presently 34.07%.
In related news, insider James Wesley Howard, Jr. sold 4,750 shares of the firm’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $80.25, for a total value of $381,187.50. Following the completion of the sale, the insider now owns 6,204 shares in the company, valued at $497,871. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dennis M. Love sold 1,500 shares of the firm’s stock in a transaction dated Friday, December 8th. The shares were 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 of the company’s stock, valued at approximately $1,225,674.18. The disclosure for this sale can be found here. 3.29% of the stock is currently owned by company 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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