Oxford Industries (NYSE:OXM) updated its fourth quarter earnings guidance on Saturday. The company provided earnings per share (EPS) guidance of $0.96-1.11 for the period, compared to the Thomson Reuters consensus estimate of $1.05. The company issued revenue guidance of $297-307 million, compared to the consensus revenue estimate of $301.84 million.

Several research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Oxford Industries from a hold rating to a sell rating in a research note on Saturday, December 15th. Telsey Advisory Group reduced their target price on shares of Oxford Industries from $93.00 to $76.00 and set a market perform rating on the stock in a research note on Thursday, December 13th. ValuEngine lowered shares of Oxford Industries from a buy rating to a hold rating in a research note on Friday, November 30th. KeyCorp cut their price target on shares of Oxford Industries from $104.00 to $90.00 and set an overweight rating on the stock in a research report on Thursday, December 13th. Finally, DA Davidson downgraded shares of Oxford Industries from a buy rating to a neutral rating and set a $71.00 price target on the stock. in a research report on Thursday, December 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $90.00.

Shares of NYSE:OXM traded up $1.64 during mid-day trading on Friday, reaching $75.77. The stock had a trading volume of 136,213 shares, compared to its average volume of 181,938. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 20.70, a P/E/G ratio of 1.78 and a beta of 0.28. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.02 and a quick ratio of 0.91. Oxford Industries has a twelve month low of $63.50 and a twelve month high of $97.19.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, December 12th. The textile maker reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.03). The firm had revenue of $233.70 million during the quarter, compared to analyst estimates of $242.45 million. Oxford Industries had a net margin of 6.69% and a return on equity of 15.56%. The business’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.17 earnings per share. Equities research analysts expect that Oxford Industries will post 4.3 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 1st. Investors of record on Friday, January 18th will be given a $0.34 dividend. The ex-dividend date is Thursday, January 17th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.79%. Oxford Industries’s dividend payout ratio is 37.16%.

In other news, Director John R. Holder purchased 500 shares of the business’s stock in a transaction that occurred on Tuesday, December 18th. The shares were acquired at an average cost of $69.89 per share, for a total transaction of $34,945.00. Following the transaction, the director now directly owns 21,134 shares of the company’s stock, valued at approximately $1,477,055.26. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.07% of the company’s stock.

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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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Earnings History and Estimates for Oxford Industries (NYSE:OXM)

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