Oxford Industries Inc. (OXM) Trading Down 1.2%
Oxford Industries Inc. (NYSE:OXM)’s share price fell 1.2% during trading on Friday . The company traded as low as $70.03 and last traded at $71.55, with a volume of 267,625 shares traded. The stock had previously closed at $72.43.
A number of research firms have recently commented on OXM. Zacks Investment Research raised Oxford Industries from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a report on Saturday. B. Riley reaffirmed a “buy” rating and issued a $81.00 price target on shares of Oxford Industries in a report on Monday, June 6th. SunTrust Banks Inc. cut their price target on Oxford Industries from $95.00 to $80.00 and set a “buy” rating for the company in a report on Wednesday, June 8th. Telsey Advisory Group raised their price target on Oxford Industries from $73.00 to $77.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Wunderlich raised their price target on Oxford Industries from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, June 8th. Eight equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of $85.29.
The firm has a market cap of $1.19 billion and a P/E ratio of 35.24. The stock has a 50 day moving average price of $60.39 and a 200 day moving average price of $63.72.
Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Wednesday, August 31st. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.10. The firm earned $283 million during the quarter. During the same period in the prior year, the firm posted $1.32 EPS. The firm’s revenue was up 12.9% compared to the same quarter last year. Analysts expect that Oxford Industries Inc. will post $3.78 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, October 28th. Shareholders of record on Friday, October 14th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, October 12th. This represents a $1.08 dividend on an annualized basis and a yield of 1.52%.
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama and Lilly Pulitzer lifestyle brands, as well as certain licensed and private label apparel products. The Company’s business is primarily operated through its Tommy Bahama, Lilly Pulitzer and Lanier Apparel operating groups.
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