Oxford Industries (NYSE:OXM) had its target price reduced by stock analysts at Telsey Advisory Group from $82.00 to $78.00 in a report issued on Monday, Briefing.com Automated Import reports. The firm presently has a “market perform” rating on the textile maker’s stock. Telsey Advisory Group’s price objective would suggest a potential upside of 10.81% from the stock’s previous close.

A number of other research firms also recently commented on OXM. Zacks Investment Research raised Oxford Industries from a “sell” rating to a “hold” rating in a report on Thursday, April 25th. Citigroup began coverage on Oxford Industries in a report on Tuesday, April 16th. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Oxford Industries has a consensus rating of “Buy” and a consensus target price of $90.25.

Shares of NYSE OXM opened at $70.39 on Monday. Oxford Industries has a fifty-two week low of $63.50 and a fifty-two week high of $97.19. The company has a quick ratio of 0.77, a current ratio of 1.90 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 1.55 and a beta of 0.49.

Oxford Industries (NYSE:OXM) last released its earnings results on Thursday, March 28th. The textile maker reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.02. Oxford Industries had a return on equity of 15.73% and a net margin of 5.99%. The company had revenue of $298.54 million for the quarter, compared to the consensus estimate of $301.84 million. During the same quarter last year, the business posted $0.93 EPS. Oxford Industries’s quarterly revenue was up 1.8% compared to the same quarter last year. Equities analysts expect that Oxford Industries will post 4.56 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in OXM. Victory Capital Management Inc. lifted its holdings in Oxford Industries by 5,698.2% during the 4th quarter. Victory Capital Management Inc. now owns 333,106 shares of the textile maker’s stock worth $23,664,000 after buying an additional 327,361 shares during the last quarter. Norges Bank bought a new stake in shares of Oxford Industries in the 4th quarter worth approximately $23,037,000. Ranger Investment Management L.P. bought a new stake in shares of Oxford Industries in the 4th quarter worth approximately $16,945,000. Maverick Capital Ltd. bought a new stake in shares of Oxford Industries in the 1st quarter worth approximately $6,548,000. Finally, Westwood Holdings Group Inc. lifted its holdings in shares of Oxford Industries by 16.9% in the 1st quarter. Westwood Holdings Group Inc. now owns 565,885 shares of the textile maker’s stock worth $42,589,000 after purchasing an additional 81,732 shares during the last quarter. 92.66% of the stock is currently owned by institutional investors.

About Oxford Industries

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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Analyst Recommendations for Oxford Industries (NYSE:OXM)

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