Oxford Industries, Inc. (NYSE:OXM) Receives Average Rating of "Hold" from Analysts

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) has earned a consensus rating of "Hold" from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $103.20.

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

Insider Activity at Oxford Industries

In other news, EVP Thomas E. Campbell sold 17,540 shares of the company's stock in a transaction dated Friday, June 14th. The stock was 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 owns 24,865 shares of the company's stock, valued at $2,484,262.15. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Oxford Industries

A number of hedge funds and other institutional investors have recently modified their holdings of OXM. 1620 Investment Advisors Inc. bought a new stake in Oxford Industries in the 2nd quarter valued at $28,000. Quest Partners LLC bought a new stake in shares of Oxford Industries in the fourth quarter worth about $36,000. Quarry LP boosted its stake in Oxford Industries by 4,650.0% during the second quarter. Quarry LP now owns 475 shares of the textile maker's stock valued at $48,000 after buying an additional 465 shares during the last quarter. Natixis bought a new position in Oxford Industries during the first quarter valued at approximately $109,000. Finally, SG Americas Securities LLC purchased a new position in Oxford Industries during the 1st quarter valued at approximately $137,000. Institutional investors own 91.16% of the company's stock.

Oxford Industries Stock Performance

Oxford Industries stock traded down $1.82 during mid-day trading on Thursday, reaching $86.20. 200,956 shares of the stock traded hands, compared to its average volume of 233,692. Oxford Industries has a 12-month low of $82.33 and a 12-month high of $113.88. The business's 50-day moving average is $97.83 and its 200-day moving average is $102.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.32 and a quick ratio of 0.68. The stock has a market capitalization of $1.35 billion, a PE ratio of 34.90 and a beta of 1.54.

Oxford Industries (NYSE:OXM - Get Free Report) last released its quarterly earnings results on Wednesday, June 12th. The textile maker reported $2.66 EPS for the quarter, missing the consensus estimate of $2.70 by ($0.04). The business had revenue of $398.18 million for the quarter, compared to analysts' expectations of $404.81 million. Oxford Industries had a net margin of 2.62% and a return on equity of 23.78%. Oxford Industries's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the previous year, the company earned $3.78 EPS. As a group, sell-side analysts predict that Oxford Industries will post 8.8 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Stockholders of record on Friday, July 19th were given a dividend of $0.67 per share. The ex-dividend date was Friday, July 19th. This represents a $2.68 annualized dividend and a dividend yield of 3.11%. Oxford Industries's payout ratio is 108.50%.

About Oxford Industries

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.