Oxford Industries (OXM) Given Daily Media Impact Score of 0.18
Press coverage about Oxford Industries (NYSE:OXM) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oxford Industries earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the textile maker an impact score of 45.7259908199448 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Oxford Industries (NYSE OXM) opened at 61.44 on Friday. The stock has a market capitalization of $1.03 billion, a PE ratio of 20.69 and a beta of 0.40. Oxford Industries has a 1-year low of $49.50 and a 1-year high of $76.19. The firm has a 50-day moving average of $61.85 and a 200-day moving average of $57.64.
Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Tuesday, June 6th. The textile maker reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.08. The firm had revenue of $272.40 million during the quarter, compared to analyst estimates of $273.40 million. Oxford Industries had a net margin of 4.76% and a return on equity of 14.00%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.26 earnings per share. Equities analysts expect that Oxford Industries will post $3.59 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, July 28th. Investors of record on Friday, July 14th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, July 12th. This represents a $1.08 annualized dividend and a yield of 1.76%. Oxford Industries’s dividend payout ratio (DPR) is 36.36%.
Several brokerages have recently weighed in on OXM. BidaskClub lowered shares of Oxford Industries from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. B. Riley reissued a “buy” rating and set a $66.00 target price on shares of Oxford Industries in a research report on Monday, June 5th. Telsey Advisory Group boosted their target price on shares of Oxford Industries from $53.00 to $58.00 and gave the stock a “market perform” rating in a research report on Wednesday, June 7th. TheStreet raised shares of Oxford Industries from a “c+” rating to a “b-” rating in a research report on Thursday, June 15th. Finally, Needham & Company LLC initiated coverage on shares of Oxford Industries in a research report on Tuesday, July 18th. They set a “buy” rating and a $68.00 target price for the company. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Oxford Industries has a consensus rating of “Buy” and an average price target of $71.33.
About Oxford Industries
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.
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