Oxford Industries (OXM) Scheduled to Post Quarterly Earnings on Wednesday

Oxford Industries (NYSE:OXM) is scheduled to release its earnings data after the market closes on Wednesday, September 11th. Analysts expect Oxford Industries to post earnings of $3.05 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Wednesday, June 12th. The textile maker reported $2.66 earnings per share for the quarter, missing the consensus estimate of $2.70 by ($0.04). The company had revenue of $398.18 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.78 EPS. On average, analysts expect Oxford Industries to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Oxford Industries Stock Performance

Shares of OXM opened at $83.57 on Monday. Oxford Industries has a one year low of $82.33 and a one year high of $113.88. The company has a market cap of $1.31 billion, a PE ratio of 33.83 and a beta of 1.53. The stock has a 50-day moving average of $94.26 and a 200-day moving average of $101.44. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.32 and a quick ratio of 0.68.

Oxford Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Shareholders of record on Friday, July 19th were paid a $0.67 dividend. The ex-dividend date was Friday, July 19th. This represents a $2.68 dividend on an annualized basis and a yield of 3.21%. Oxford Industries’s dividend payout ratio (DPR) is presently 108.50%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. UBS Group cut their target price on Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday. Citigroup dropped their price objective on shares of Oxford Industries from $94.00 to $92.00 and set a “sell” rating on the stock in a research note on Thursday, June 13th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $110.00 target price on shares of Oxford Industries in a research report on Thursday. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $100.60.

Insider Activity at Oxford Industries

In related news, EVP Thomas E. Campbell sold 17,540 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $99.91, for a total transaction of $1,752,421.40. Following the transaction, the executive vice president now directly owns 24,865 shares of the company’s stock, valued at $2,484,262.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.70% of the stock is currently owned by insiders.

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.