Wall Street brokerages expect Oxford Industries, Inc. (NYSE:OXM) to announce earnings per share (EPS) of $0.22 for the current quarter, Zacks reports. Four analysts have issued estimates for Oxford Industries’ earnings, with the lowest EPS estimate coming in at $0.13 and the highest estimate coming in at $0.27. Oxford Industries reported earnings of $1.09 per share during the same quarter last year, which indicates a negative year over year growth rate of 79.8%. The firm is scheduled to report its next earnings report on Thursday, March 25th.

According to Zacks, analysts expect that Oxford Industries will report full year earnings of ($1.73) per share for the current year, with EPS estimates ranging from ($1.81) to ($1.67). For the next financial year, analysts forecast that the company will report earnings of $3.04 per share, with EPS estimates ranging from $2.90 to $3.21. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Oxford Industries.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Tuesday, December 8th. The textile maker reported ($0.44) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.10) by $0.66. Oxford Industries had a negative net margin of 8.26% and a negative return on equity of 2.98%. The firm had revenue of $175.14 million during the quarter, compared to the consensus estimate of $164.42 million. During the same period last year, the firm earned $0.10 EPS. The business’s quarterly revenue was down 27.4% compared to the same quarter last year.

Several research analysts have commented on OXM shares. B. Riley raised their price target on shares of Oxford Industries from $70.00 to $84.00 and gave the company a “buy” rating in a report on Tuesday, January 12th. Telsey Advisory Group raised their price target on shares of Oxford Industries from $53.00 to $65.00 and gave the company a “market perform” rating in a report on Thursday, December 10th. Zacks Investment Research downgraded shares of Oxford Industries from a “hold” rating to a “sell” rating in a report on Wednesday, February 10th. Finally, KeyCorp raised their price objective on shares of Oxford Industries from $64.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, December 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $67.80.

NYSE:OXM traded up $0.37 during trading hours on Tuesday, hitting $76.95. The stock had a trading volume of 1,710 shares, compared to its average volume of 93,782. The company has a 50 day simple moving average of $70.84 and a two-hundred day simple moving average of $55.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.49 and a quick ratio of 0.64. Oxford Industries has a one year low of $30.37 and a one year high of $77.17. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of -18.63 and a beta of 1.61.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 29th. Stockholders of record on Friday, January 15th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.30%. The ex-dividend date was Thursday, January 14th. Oxford Industries’s dividend payout ratio (DPR) is currently 23.15%.

Several institutional investors have recently bought and sold shares of OXM. Great West Life Assurance Co. Can raised its position in shares of Oxford Industries by 23,975.3% during the 3rd quarter. Great West Life Assurance Co. Can now owns 4,974,669 shares of the textile maker’s stock valued at $3,049,000 after buying an additional 4,954,006 shares in the last quarter. Peregrine Capital Management LLC raised its position in shares of Oxford Industries by 96.1% during the 4th quarter. Peregrine Capital Management LLC now owns 171,531 shares of the textile maker’s stock valued at $11,237,000 after buying an additional 84,042 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Oxford Industries by 186.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 128,415 shares of the textile maker’s stock worth $5,183,000 after purchasing an additional 83,534 shares during the period. Alliancebernstein L.P. raised its position in Oxford Industries by 12.8% in the 4th quarter. Alliancebernstein L.P. now owns 718,023 shares of the textile maker’s stock worth $47,038,000 after purchasing an additional 81,489 shares during the period. Finally, Morgan Stanley raised its position in Oxford Industries by 55.3% in the 3rd quarter. Morgan Stanley now owns 158,689 shares of the textile maker’s stock worth $6,404,000 after purchasing an additional 56,483 shares during the period. Hedge funds and other institutional investors own 87.39% of the company’s stock.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private label 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 and youth products under the Southern Tide brand.

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

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