Oxford Industries (NYSE:OXM) Sets New 1-Year Low – Time to Sell?

Oxford Industries, Inc. (NYSE:OXM) hit a new 52-week low on Wednesday . The company traded as low as $57.26 and last traded at $57.64, with a volume of 98191 shares. The stock had previously closed at $60.53.

Analyst Upgrades and Downgrades

Several analysts have issued reports on OXM shares. Telsey Advisory Group reissued a “market perform” rating and issued a $86.00 price target on shares of Oxford Industries in a research note on Wednesday, December 4th. UBS Group dropped their target price on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th.

Oxford Industries Trading Down 5.2 %

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71. The business’s 50-day moving average is $76.03 and its two-hundred day moving average is $78.90. The firm has a market cap of $900.84 million, a P/E ratio of 64.57 and a beta of 1.61.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Wednesday, December 11th. The textile maker reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.20). The company had revenue of $308.00 million for the quarter, compared to analyst estimates of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The business’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same period last year, the company posted $1.01 earnings per share. As a group, analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Insider Transactions at Oxford Industries

In related news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the sale, the senior vice president now directly owns 1,681 shares in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.70% of the stock is owned by company insiders.

Institutional Trading of Oxford Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC boosted its holdings in shares of Oxford Industries by 981.6% during the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock worth $32,000 after buying an additional 373 shares during the period. Blue Trust Inc. lifted its position in Oxford Industries by 27.6% during the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock worth $64,000 after acquiring an additional 160 shares during the last quarter. Venturi Wealth Management LLC bought a new stake in shares of Oxford Industries during the fourth quarter worth approximately $63,000. Vestcor Inc acquired a new position in shares of Oxford Industries in the fourth quarter valued at approximately $100,000. Finally, Advisors Asset Management Inc. increased its stake in shares of Oxford Industries by 223.3% during the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock worth $136,000 after purchasing an additional 1,083 shares during the period. Institutional investors own 91.16% of the company’s stock.

Oxford Industries Company Profile

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.