Media headlines about Oxford Industries (NYSE:OXM) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Oxford Industries earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the textile maker an impact score of 45.7259908199448 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Oxford Industries (NYSE:OXM) opened at 61.44 on Friday. Oxford Industries has a 1-year low of $49.50 and a 1-year high of $76.19. The stock has a 50 day moving average price of $61.85 and a 200 day moving average price of $57.64. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 20.69 and a beta of 0.40.
Oxford Industries (NYSE:OXM) last announced its earnings results on Tuesday, June 6th. The textile maker reported $1.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.08. The company had revenue of $272.40 million for the quarter, compared to analysts’ expectations of $273.40 million. Oxford Industries had a net margin of 4.76% and a return on equity of 14.00%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the firm earned $1.26 earnings per share. Analysts forecast that Oxford Industries will post $3.59 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Investors of record on Friday, July 14th were paid a $0.27 dividend. The ex-dividend date was Wednesday, July 12th. This represents a $1.08 dividend on an annualized basis and a yield of 1.76%. Oxford Industries’s dividend payout ratio (DPR) is 36.36%.
Several research firms recently weighed in on OXM. BidaskClub cut Oxford Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Needham & Company LLC began coverage on Oxford Industries in a research report on Tuesday, July 18th. They set a “buy” rating and a $68.00 price objective for the company. FBR & Co began coverage on Oxford Industries in a research report on Tuesday, July 11th. They set an “outperform” rating and a $75.00 price objective for the company. TheStreet raised Oxford Industries from a “c+” rating to a “b-” rating in a research report on Thursday, June 15th. Finally, B. Riley restated a “buy” rating and set a $66.00 price target on shares of Oxford Industries in a research note on Saturday, June 10th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $71.33.
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About Oxford Industries
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.
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