According to Zacks, “Oxford Industries, Inc. is an apparel company which designs, sources, markets and distributes products bearing the trademarks of its owned and licensed brands. Oxford’s owned brands include Tommy Bahama®, Lilly Pulitzer®, Oxford Golf®, and Billy London®. The Company operates retail stores, internet websites and restaurants. The Company has granted licenses to select third parties to produce and sell certain product categories under its Tommy Bahama and Lilly Pulitzer brands. The Company also holds exclusive licenses to produce and sell certain product categories under the Kenneth Cole®, Geoffrey Beene®, and Dockers® labels. Oxford’s wholesale customers include department stores, specialty stores, national chains, warehouse clubs, and Internet retailers. “
Other equities research analysts have also recently issued reports about the stock. DA Davidson reaffirmed a neutral rating on shares of Oxford Industries in a research report on Monday, November 4th. B. Riley reaffirmed a buy rating and issued a $87.00 target price on shares of Oxford Industries in a research report on Thursday, December 12th. KeyCorp dropped their target price on shares of Oxford Industries from $90.00 to $86.00 and set an overweight rating for the company in a research report on Thursday, December 12th. Finally, Needham & Company LLC raised shares of Oxford Industries from a hold rating to a buy rating and set a $79.00 target price for the company in a research report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Oxford Industries presently has a consensus rating of Buy and an average price target of $82.33.
NYSE:OXM opened at $69.31 on Tuesday. The company has a 50-day moving average price of $72.93 and a 200-day moving average price of $71.69. Oxford Industries has a 12 month low of $63.73 and a 12 month high of $85.36. The company has a current ratio of 1.64, a quick ratio of 0.70 and a debt-to-equity ratio of 0.57. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 16.74 and a beta of 0.48.
Oxford Industries (NYSE:OXM) last posted its earnings results on Wednesday, December 11th. The textile maker reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.02. Oxford Industries had a net margin of 6.22% and a return on equity of 14.55%. The firm had revenue of $241.22 million during the quarter, compared to analysts’ expectations of $240.34 million. During the same period last year, the company posted $0.14 EPS. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Equities analysts forecast that Oxford Industries will post 4.35 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were paid a $0.37 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $1.48 annualized dividend and a dividend yield of 2.14%. Oxford Industries’s payout ratio is 34.26%.
In related news, EVP Thomas E. Campbell sold 5,000 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $76.75, for a total value of $383,750.00. Following the completion of the transaction, the executive vice president now directly owns 37,669 shares in the company, valued at approximately $2,891,095.75. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.10% of the stock is owned by company insiders.
Several institutional investors have recently modified their holdings of the stock. CWM LLC increased its stake in Oxford Industries by 2,421.4% during the 3rd quarter. CWM LLC now owns 353 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 339 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Oxford Industries by 53.0% during the 3rd quarter. Quadrant Capital Group LLC now owns 491 shares of the textile maker’s stock valued at $34,000 after purchasing an additional 170 shares in the last quarter. Panagora Asset Management Inc. bought a new stake in Oxford Industries during the 4th quarter valued at about $170,000. Bank of Montreal Can increased its stake in Oxford Industries by 16.2% during the 4th quarter. Bank of Montreal Can now owns 2,711 shares of the textile maker’s stock valued at $205,000 after purchasing an additional 377 shares in the last quarter. Finally, ProShare Advisors LLC bought a new stake in Oxford Industries during the 4th quarter valued at about $205,000. Institutional investors own 97.23% of the company’s stock.
Oxford Industries Company Profile
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products 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 footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
Recommended Story: Why are percentage gainers important?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.com's FREE daily email newsletter.