Analysts forecast that Oxford Industries Inc (NYSE:OXM) will report $307.98 million in sales for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Oxford Industries’ earnings. The highest sales estimate is $310.05 million and the lowest is $305.20 million. Oxford Industries posted sales of $302.64 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 1.8%. The firm is scheduled to issue its next earnings report on Wednesday, September 11th.
According to Zacks, analysts expect that Oxford Industries will report full-year sales of $1.15 billion for the current fiscal year, with estimates ranging from $1.14 billion to $1.15 billion. For the next financial year, analysts expect that the company will post sales of $1.19 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Oxford Industries.
Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Wednesday, June 12th. The textile maker reported $1.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.09. Oxford Industries had a return on equity of 15.43% and a net margin of 6.03%. The business had revenue of $282.00 million during the quarter, compared to analyst estimates of $276.75 million. During the same quarter in the previous year, the company posted $1.28 earnings per share. Oxford Industries’s revenue for the quarter was up 3.4% on a year-over-year basis.
Shares of Oxford Industries stock traded down $3.38 on Monday, hitting $66.96. The company’s stock had a trading volume of 158,157 shares, compared to its average volume of 179,873. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.70 and a current ratio of 1.64. Oxford Industries has a 1 year low of $63.50 and a 1 year high of $94.48. The firm has a fifty day moving average price of $69.34 and a 200-day moving average price of $75.01. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 1.51 and a beta of 0.47.
The business also recently announced a quarterly dividend, which was paid on Friday, August 2nd. Stockholders of record on Friday, July 19th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.21%. The ex-dividend date was Thursday, July 18th. Oxford Industries’s payout ratio is currently 34.26%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its position in Oxford Industries by 5,146.2% during the first quarter. Quadrant Capital Group LLC now owns 682 shares of the textile maker’s stock valued at $50,000 after purchasing an additional 669 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in Oxford Industries in the second quarter worth approximately $56,000. Campbell & CO Investment Adviser LLC bought a new stake in Oxford Industries in the first quarter worth approximately $294,000. Quantamental Technologies LLC bought a new stake in Oxford Industries in the first quarter worth approximately $297,000. Finally, Paloma Partners Management Co grew its position in Oxford Industries by 10.4% in the second quarter. Paloma Partners Management Co now owns 4,136 shares of the textile maker’s stock worth $314,000 after acquiring an additional 388 shares in the last quarter. 95.61% of the stock is owned by institutional investors.
Oxford Industries Company Profile
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; 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; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
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