Oxford Industries (OXM) to Release Quarterly Earnings on Thursday

Oxford Industries (NYSE:OXM) is expected to be posting its quarterly earnings results after the market closes on Thursday, March 27th. Analysts expect Oxford Industries to post earnings of $1.28 per share and revenue of $383.94 million for the quarter.

Oxford Industries Stock Performance

NYSE:OXM opened at $61.48 on Wednesday. The stock has a 50-day moving average price of $71.25 and a 200 day moving average price of $77.09. The stock has a market capitalization of $965.30 million, a P/E ratio of 69.08 and a beta of 1.61. Oxford Industries has a 12-month low of $54.02 and a 12-month high of $113.88. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. KeyCorp reduced their price objective on shares of Oxford Industries from $95.00 to $80.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 18th. Telsey Advisory Group cut their price objective on Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a research report on Monday. Finally, UBS Group decreased their target price on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th.

Insider Buying and Selling

In related news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the transaction, the senior vice president now owns 1,681 shares in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 5.70% of the stock is currently owned by company insiders.

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.