Oxford Industries (OXM) to Release Earnings on Thursday

Oxford Industries (NYSE:OXM) is expected to be releasing its earnings data before the market opens 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 Trading Down 0.2 %

NYSE OXM opened at $61.43 on Thursday. The stock has a market capitalization of $964.58 million, a price-to-earnings ratio of 69.03 and a beta of 1.61. Oxford Industries has a one year low of $54.02 and a one year high of $113.88. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71. The business’s fifty day moving average is $73.28 and its 200-day moving average is $77.83.

Analyst Ratings Changes

A number of brokerages recently issued reports on OXM. UBS Group lowered their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research note on Thursday, December 12th. KeyCorp cut their price objective on Oxford Industries from $95.00 to $80.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $86.00 price objective on shares of Oxford Industries in a report on Wednesday, December 4th.

Insiders Place Their Bets

In other news, SVP Tracey Hernandez sold 1,250 shares of the stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction of $108,650.00. Following the completion of the sale, the senior vice president now owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. This represents a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.70% of the stock is 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.