Oxford Industries (OXM) to Release Earnings on Thursday

Oxford Industries (NYSE:OXM) is expected to be announcing its earnings results before the market opens on Thursday, March 27th. Analysts expect the company to announce earnings of $1.28 per share and revenue of $383.94 million for the quarter.

Oxford Industries Price Performance

Shares of Oxford Industries stock opened at $61.43 on Thursday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The company has a market cap of $964.58 million, a PE ratio of 69.03 and a beta of 1.61. The business has a 50 day moving average of $73.28 and a 200 day moving average of $77.83. Oxford Industries has a 52 week low of $54.02 and a 52 week high of $113.88.

Insiders Place Their Bets

In other news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total value of $108,650.00. Following the transaction, the senior vice president now owns 1,681 shares of the company’s stock, valued at $146,112.52. This trade represents a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 5.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on OXM shares. Telsey Advisory Group reiterated a “market perform” rating and issued a $86.00 price objective on shares of Oxford Industries in a report on Wednesday, December 4th. UBS Group cut their target price on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research note on Thursday, December 12th. Finally, KeyCorp dropped their price objective on Oxford Industries from $95.00 to $80.00 and set an “overweight” rating on the stock in a research report on Tuesday.

About Oxford Industries

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; and 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.