Oxford Industries Inc. (OXM) Sees Large Volume Increase
Oxford Industries Inc. (NYSE:OXM) saw an uptick in trading volume on Friday . 187,962 shares traded hands during trading, an increase of 0% from the previous session’s volume of 187,455 shares.The stock last traded at $57.74 and had previously closed at $57.48.
A number of brokerages have recently weighed in on OXM. B. Riley restated a “buy” rating and set a $81.00 price target on shares of Oxford Industries in a research note on Monday, June 6th. SunTrust Banks Inc. dropped their price target on Oxford Industries from $95.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, June 8th. Zacks Investment Research lowered Oxford Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 10th. Wunderlich boosted their price target on Oxford Industries from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, June 8th. Finally, Telsey Advisory Group dropped their price target on Oxford Industries from $80.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, June 8th. One research analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $82.71.
The company has a market capitalization of $963.97 million and a P/E ratio of 28.48. The stock’s 50-day moving average price is $59.76 and its 200 day moving average price is $64.59.
Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Tuesday, June 7th. The company reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by $0.08. The business earned $256.24 million during the quarter. During the same period last year, the company posted $1.30 EPS. The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. On average, analysts predict that Oxford Industries Inc. will post $3.71 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, July 29th. Shareholders of record on Friday, July 15th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date is Wednesday, July 13th.
A number of large investors recently bought and sold shares of OXM. Suntrust Banks Inc. raised its stake in Oxford Industries by 0.3% in the fourth quarter. Suntrust Banks Inc. now owns 478,143 shares of the company’s stock worth $30,514,000 after buying an additional 1,240 shares in the last quarter. Principal Financial Group Inc. raised its stake in Oxford Industries by 4.5% in the fourth quarter. Principal Financial Group Inc. now owns 99,876 shares of the company’s stock worth $6,374,000 after buying an additional 4,329 shares in the last quarter. Nationwide Fund Advisors raised its stake in Oxford Industries by 0.7% in the fourth quarter. Nationwide Fund Advisors now owns 35,959 shares of the company’s stock worth $2,295,000 after buying an additional 265 shares in the last quarter. California State Teachers Retirement System raised its stake in Oxford Industries by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 27,151 shares of the company’s stock worth $1,733,000 after buying an additional 400 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Oxford Industries by 8.1% in the fourth quarter. Rhumbline Advisers now owns 19,191 shares of the company’s stock worth $1,225,000 after buying an additional 1,435 shares in the last quarter.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.