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. “
Several other research firms also recently commented on OXM. B. Riley reissued a buy rating and set a $87.00 target price on shares of Oxford Industries in a research report on Thursday, December 12th. DA Davidson reissued a neutral rating on shares of Oxford Industries in a research report on Monday, November 4th. KeyCorp decreased 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 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 target price of $82.33.
OXM opened at $69.31 on Tuesday. Oxford Industries has a 1-year low of $63.73 and a 1-year 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 company has a market cap of $1.19 billion, a P/E ratio of 16.74 and a beta of 0.48. The company has a fifty day moving average price of $72.93 and a two-hundred day moving average price of $71.69.
Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, December 11th. The textile maker reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm had revenue of $241.22 million during the quarter, compared to the consensus estimate of $240.34 million. Oxford Industries had a net margin of 6.22% and a return on equity of 14.55%. The business’s revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. On average, research analysts forecast that Oxford Industries will post 4.35 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend was Thursday, January 16th. Oxford Industries’s dividend payout ratio (DPR) is presently 34.26%.
In related news, EVP Thomas E. Campbell sold 5,000 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $76.75, for a total transaction of $383,750.00. Following the transaction, the executive vice president now directly owns 37,669 shares in the company, valued at $2,891,095.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.10% of the stock is currently owned by insiders.
A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in Oxford Industries by 12.8% during the 4th quarter. Bank of America Corp DE now owns 134,499 shares of the textile maker’s stock worth $10,144,000 after acquiring an additional 15,296 shares during the period. UBS Asset Management Americas Inc. increased its holdings in Oxford Industries by 14.4% during the 4th quarter. UBS Asset Management Americas Inc. now owns 11,146 shares of the textile maker’s stock worth $841,000 after acquiring an additional 1,406 shares during the period. UBS Group AG increased its holdings in shares of Oxford Industries by 2,389.8% in the 4th quarter. UBS Group AG now owns 20,566 shares of the textile maker’s stock worth $1,552,000 after buying an additional 19,740 shares during the last quarter. Maverick Capital Ltd. increased its holdings in shares of Oxford Industries by 1.4% in the 4th quarter. Maverick Capital Ltd. now owns 164,548 shares of the textile maker’s stock worth $12,410,000 after buying an additional 2,234 shares during the last quarter. Finally, Amalgamated Bank increased its holdings in shares of Oxford Industries by 7.6% in the 4th quarter. Amalgamated Bank now owns 3,013 shares of the textile maker’s stock worth $227,000 after buying an additional 212 shares during the last quarter. Institutional investors and hedge funds 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.
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