Oxford Industries (NYSE:OXM) updated its FY18 earnings guidance on Tuesday. The company provided EPS guidance of $3.55-3.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.59. The company issued revenue guidance of $1.08-1.095 billion, compared to the consensus revenue estimate of $1.09 billion.
A number of brokerages recently commented on OXM. Telsey Advisory Group increased their price target on shares of Oxford Industries from $58.00 to $65.00 and gave the company a market perform rating in a report on Thursday, November 30th. Needham & Company LLC downgraded shares of Oxford Industries from a buy rating to a hold rating and set a $68.00 price target for the company. in a report on Friday, December 1st. They noted that the move was a valuation call. DA Davidson set a $71.00 price target on shares of Oxford Industries and gave the company a hold rating in a report on Wednesday. SunTrust Banks reaffirmed a buy rating and issued a $66.00 price target on shares of Oxford Industries in a report on Tuesday, October 24th. Finally, KeyCorp reaffirmed a buy rating and issued a $78.00 price target on shares of Oxford Industries in a report on Friday, November 24th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Oxford Industries has a consensus rating of Buy and a consensus target price of $69.80.
Shares of Oxford Industries (OXM) opened at $72.05 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.68 and a quick ratio of 0.70. Oxford Industries has a 1 year low of $49.50 and a 1 year high of $73.62. The firm has a market cap of $1,113.60, a PE ratio of 19.70, a P/E/G ratio of 1.83 and a beta of 0.39.
Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Tuesday, December 5th. The textile maker reported $0.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.05. Oxford Industries had a net margin of 4.83% and a return on equity of 14.40%. The company had revenue of $236.00 million for the quarter, compared to analyst estimates of $242.98 million. During the same period in the prior year, the company posted ($0.07) EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. equities research analysts predict that Oxford Industries will post 3.62 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 2nd. Investors of record on Friday, January 19th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend is Thursday, January 18th. Oxford Industries’s dividend payout ratio (DPR) is currently 35.41%.
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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