Oxford Industries, Inc. (NYSE:OXM) Receives Consensus Rating of “Hold” from Analysts

Shares of Oxford Industries, Inc. (NYSE:OXM) have earned an average recommendation of “Hold” from the six ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $90.40.

A number of equities research analysts have issued reports on OXM shares. Telsey Advisory Group lowered their price target on Oxford Industries from $110.00 to $86.00 and set a “market perform” rating for the company in a research report on Thursday, September 12th. Citigroup lowered their price target on Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a research report on Friday, September 13th. Finally, UBS Group reduced their price objective on Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a research note on Thursday, September 5th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OXM. 1620 Investment Advisors Inc. acquired a new position in shares of Oxford Industries in the second quarter worth about $28,000. Quest Partners LLC acquired a new position in shares of Oxford Industries in the fourth quarter worth about $36,000. Quarry LP lifted its stake in shares of Oxford Industries by 4,650.0% in the second quarter. Quarry LP now owns 475 shares of the textile maker’s stock worth $48,000 after acquiring an additional 465 shares in the last quarter. Natixis acquired a new position in shares of Oxford Industries in the first quarter worth about $109,000. Finally, SG Americas Securities LLC acquired a new position in shares of Oxford Industries in the first quarter worth about $137,000. Institutional investors and hedge funds own 91.16% of the company’s stock.

Oxford Industries Trading Down 0.8 %

OXM stock opened at $86.54 on Monday. The stock has a 50-day moving average price of $91.50 and a two-hundred day moving average price of $100.32. Oxford Industries has a 12-month low of $74.95 and a 12-month high of $113.88. The company has a market cap of $1.36 billion, a PE ratio of 35.04 and a beta of 1.53.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, September 11th. The textile maker reported $2.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.00 by ($0.23). Oxford Industries had a net margin of 1.92% and a return on equity of 21.93%. The firm had revenue of $419.89 million for the quarter, compared to analysts’ expectations of $438.16 million. During the same period last year, the firm posted $3.45 EPS. Oxford Industries’s revenue was down .1% on a year-over-year basis. Equities analysts forecast that Oxford Industries will post 7.15 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Friday, October 18th. Oxford Industries’s dividend payout ratio is presently 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.