Oxford Industries (NYSE:OXM) has been assigned a $71.00 price target by equities research analysts at DA Davidson in a research report issued to clients and investors on Wednesday. The firm presently has a “hold” rating on the textile maker’s stock. DA Davidson’s price objective points to a potential downside of 1.46% from the stock’s previous close.

A number of other research analysts have also weighed in on the stock. Needham & Company LLC lowered shares of Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 price objective for the company. in a research note on Friday, December 1st. They noted that the move was a valuation call. Telsey Advisory Group lifted their price objective on shares of Oxford Industries from $58.00 to $65.00 and gave the company a “market perform” rating in a research note on Thursday, November 30th. KeyCorp reiterated a “buy” rating and issued a $78.00 price objective on shares of Oxford Industries in a research note on Friday, November 24th. B. Riley reissued a “buy” rating on shares of Oxford Industries in a report on Wednesday, November 1st. Finally, Zacks Investment Research downgraded shares of Oxford Industries from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $69.80.

Oxford Industries (OXM) traded up $5.87 during trading on Wednesday, reaching $72.05. 515,384 shares of the company were exchanged, compared to its average volume of 162,424. Oxford Industries has a fifty-two week low of $49.50 and a fifty-two week high of $73.62. The stock has a market cap of $1,118.31, a price-to-earnings ratio of 21.30, a price-to-earnings-growth ratio of 1.83 and a beta of 0.39. 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 (NYSE:OXM) last released its quarterly earnings data on Tuesday, December 5th. The textile maker reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.05. Oxford Industries had a net margin of 4.64% and a return on equity of 13.56%. The business had revenue of $236.00 million during the quarter, compared to analyst estimates of $242.98 million. During the same period in the previous year, the business earned ($0.07) EPS. Oxford Industries’s revenue was up 6.2% compared to the same quarter last year. equities research analysts anticipate that Oxford Industries will post 3.62 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in OXM. Schwab Charles Investment Management Inc. boosted its holdings in Oxford Industries by 6.5% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 84,679 shares of the textile maker’s stock valued at $4,849,000 after purchasing an additional 5,202 shares during the period. State Street Corp lifted its holdings in shares of Oxford Industries by 7.2% during the 1st quarter. State Street Corp now owns 353,079 shares of the textile maker’s stock worth $20,218,000 after acquiring an additional 23,768 shares during the last quarter. Aperio Group LLC lifted its holdings in shares of Oxford Industries by 26.0% during the 2nd quarter. Aperio Group LLC now owns 6,803 shares of the textile maker’s stock worth $425,000 after acquiring an additional 1,403 shares during the last quarter. Strs Ohio bought a new stake in shares of Oxford Industries during the 2nd quarter worth $874,000. Finally, Great West Life Assurance Co. Can lifted its holdings in shares of Oxford Industries by 3.9% during the 2nd quarter. Great West Life Assurance Co. Can now owns 21,520 shares of the textile maker’s stock worth $1,344,000 after acquiring an additional 815 shares during the last quarter. 89.14% of the stock is owned by hedge funds and other institutional investors.

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Oxford Industries Company Profile

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.

Analyst Recommendations for Oxford Industries (NYSE:OXM)

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