Oxford Industries, Inc. (NYSE:OXM – Get Free Report) has earned a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $90.40.
OXM has been the topic of several analyst reports. Telsey Advisory Group lowered their price target on Oxford Industries from $110.00 to $86.00 and set a “market perform” rating on the stock in a report on Thursday, September 12th. Citigroup dropped their target price on shares of Oxford Industries from $92.00 to $65.00 and set a “sell” rating on the stock in a report on Friday, September 13th. Finally, UBS Group dropped their price objective on Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a research note on Thursday, September 5th.
Get Our Latest Stock Report on Oxford Industries
Hedge Funds Weigh In On Oxford Industries
Oxford Industries Price Performance
Shares of OXM opened at $86.06 on Monday. Oxford Industries has a one year low of $74.95 and a one year high of $113.88. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 34.99 and a beta of 1.53. The stock’s fifty day moving average is $92.28 and its 200-day moving average is $100.59. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.68 and a current ratio of 1.27.
Oxford Industries (NYSE:OXM – Get Free Report) last released its earnings results on Wednesday, September 11th. The textile maker reported $2.77 earnings per share for the quarter, missing the consensus estimate of $3.00 by ($0.23). The firm had revenue of $419.89 million during the quarter, compared to analysts’ expectations of $438.16 million. Oxford Industries had a return on equity of 21.93% and a net margin of 1.92%. The business’s revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $3.45 earnings per share. Equities analysts anticipate that Oxford Industries will post 7.15 EPS for the current year.
Oxford Industries Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 18th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Friday, October 18th. Oxford Industries’s dividend payout ratio (DPR) is currently 108.50%.
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.
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