Analysts Set Oxford Industries, Inc. (NYSE:OXM) PT at $103.20

Shares of Oxford Industries, Inc. (NYSE:OXM) have been given an average rating of “Hold” by the six analysts that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $103.20.

A number of research firms have recently issued reports on OXM. Citigroup cut their price objective on shares of Oxford Industries from $94.00 to $92.00 and set a “sell” rating on the stock in a research report on Thursday, June 13th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $110.00 price target on shares of Oxford Industries in a research report on Thursday, June 13th.

Insider Activity at Oxford Industries

In related news, EVP Thomas E. Campbell sold 17,540 shares of Oxford Industries stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $99.91, for a total value of $1,752,421.40. Following the completion of the transaction, the executive vice president now directly owns 24,865 shares in the company, valued at approximately $2,484,262.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. 1620 Investment Advisors Inc. bought a new position in Oxford Industries in the 2nd quarter valued at $28,000. Quest Partners LLC bought a new stake in shares of Oxford Industries during the 4th quarter worth $36,000. Natixis bought a new stake in shares of Oxford Industries during the 1st quarter worth $109,000. SG Americas Securities LLC bought a new stake in shares of Oxford Industries during the 1st quarter worth $137,000. Finally, Central Pacific Bank Trust Division bought a new stake in shares of Oxford Industries during the 1st quarter worth $140,000. 91.16% of the stock is owned by institutional investors.

Oxford Industries Stock Performance

NYSE OXM opened at $96.74 on Friday. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 39.17 and a beta of 1.54. Oxford Industries has a twelve month low of $82.33 and a twelve month high of $113.88. The stock has a fifty day simple moving average of $101.73 and a 200 day simple moving average of $103.00. The company has a quick ratio of 0.68, a current ratio of 1.32 and a debt-to-equity ratio of 0.03.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Wednesday, June 12th. The textile maker reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.04). Oxford Industries had a return on equity of 23.78% and a net margin of 2.62%. The business had revenue of $398.18 million for the quarter, compared to analyst estimates of $404.81 million. During the same quarter in the previous year, the business posted $3.78 earnings per share. The business’s revenue was down 5.2% on a year-over-year basis. Sell-side analysts expect that Oxford Industries will post 8.8 EPS for the current year.

Oxford Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Friday, July 19th were paid a $0.67 dividend. The ex-dividend date was Friday, July 19th. This represents a $2.68 dividend on an annualized basis and a yield of 2.77%. Oxford Industries’s dividend payout ratio is 108.50%.

Oxford Industries Company Profile

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.