Media stories about Oxford Industries (NYSE:OXM) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oxford Industries earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news coverage about the textile maker an impact score of 47.0218475760576 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Zacks Investment Research Downgrades Oxford Industries, Inc. (OXM) to Hold (americanbankingnews.com)
- Oxford Industries, Inc. (OXM) Lifted to Buy at Zacks Investment Research (americanbankingnews.com)
- Superior Uniform Group (SGC) versus Oxford Industries (OXM) Head to Head Contrast (americanbankingnews.com)
- Oxford Industries, Inc. :OXM-US: Earnings Analysis: Q2, 2018 By the Numbers : September 8, 2017 (finance.yahoo.com)
- Oxford Industries, Inc. (OXM) Downgraded by DA Davidson (americanbankingnews.com)
Oxford Industries (NYSE OXM) opened at 60.20 on Tuesday. The company has a market capitalization of $1.01 billion, a P/E ratio of 20.28 and a beta of 0.36. Oxford Industries has a 52 week low of $49.50 and a 52 week high of $76.19. The stock’s 50 day moving average is $61.12 and its 200 day moving average is $58.43.
Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Thursday, August 31st. The textile maker reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.01. Oxford Industries had a net margin of 4.64% and a return on equity of 13.56%. The firm had revenue of $284.70 million during the quarter, compared to analysts’ expectations of $291.34 million. During the same period in the previous year, the company earned $1.48 EPS. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. On average, equities research analysts expect that Oxford Industries will post $3.59 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, October 13th will be paid a dividend of $0.27 per share. The ex-dividend date is Thursday, October 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.79%. Oxford Industries’s dividend payout ratio is presently 37.37%.
Several analysts have issued reports on OXM shares. TheStreet upgraded shares of Oxford Industries from a “c+” rating to a “b-” rating in a research report on Thursday, June 15th. BidaskClub upgraded shares of Oxford Industries from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. B. Riley restated a “buy” rating and set a $66.00 price target on shares of Oxford Industries in a research report on Saturday, June 10th. Needham & Company LLC assumed coverage on shares of Oxford Industries in a research note on Tuesday, July 18th. They set a “buy” rating and a $68.00 price objective for the company. Finally, FBR & Co set a $75.00 price objective on shares of Oxford Industries and gave the company a “buy” rating in a research note on Monday, August 28th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Oxford Industries presently has a consensus rating of “Buy” and a consensus target price of $68.56.
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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