Media coverage about Oxford Industries (NYSE:OXM) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Oxford Industries earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the textile maker an impact score of 45.7746472491383 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s analysis:
- Oxford Industries (OXM) Given a $90.00 Price Target at SunTrust Banks (americanbankingnews.com)
- Oxford Industries (OXM) Plans Dividend Increase – $0.34 Per Share (americanbankingnews.com)
- Oxford Industries (OXM) Lowered to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Telsey Advisory Group Cuts Oxford Industries (OXM) Price Target to $88.00 (americanbankingnews.com)
- Light guidance from Oxford Industries (seekingalpha.com)
A number of research firms have recently commented on OXM. Telsey Advisory Group raised their price objective on Oxford Industries from $58.00 to $65.00 and gave the stock a “market perform” rating in a report on Thursday, November 30th. Needham & Company LLC downgraded Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 price objective on the stock. in a report on Friday, December 1st. They noted that the move was a valuation call. DA Davidson set a $71.00 target price on Oxford Industries and gave the company a “hold” rating in a report on Wednesday, December 6th. SunTrust Banks reiterated a “buy” rating on shares of Oxford Industries in a report on Thursday, December 7th. Finally, Zacks Investment Research upgraded Oxford Industries from a “hold” rating to a “buy” rating and set a $81.00 target price on the stock in a report on Friday, December 8th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Oxford Industries currently has a consensus rating of “Buy” and an average price target of $82.50.
Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Wednesday, March 28th. The textile maker reported $0.93 EPS for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.01. The company had revenue of $293.00 million for the quarter, compared to the consensus estimate of $293.19 million. Oxford Industries had a return on equity of 14.26% and a net margin of 4.83%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.90 EPS. equities research analysts forecast that Oxford Industries will post 3.65 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 4th. Shareholders of record on Friday, April 20th will be paid a $0.34 dividend. The ex-dividend date is Thursday, April 19th. This represents a $1.36 dividend on an annualized basis and a yield of 1.82%. This is an increase from Oxford Industries’s previous quarterly dividend of $0.27. Oxford Industries’s payout ratio is 35.41%.
In other Oxford Industries news, insider James Wesley Howard, Jr. sold 4,750 shares of the business’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $80.25, for a total value of $381,187.50. Following the completion of the sale, the insider now owns 6,204 shares of the company’s stock, valued at $497,871. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.29% of the stock is owned by insiders.
About Oxford Industries
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned brands, and licensed and private labels apparel products 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 footwear and children's apparel under the Lilly Pulitzer brand.
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