Oxford Industries (NYSE:OXM)‘s stock had its “buy” rating reissued by investment analysts at SunTrust Banks in a research report issued to clients and investors on Thursday.

Several other research analysts also recently weighed in on OXM. B. Riley reissued a “buy” rating on shares of Oxford Industries in a research report on Wednesday, November 1st. Telsey Advisory Group lifted their target price on shares of Oxford Industries from $65.00 to $68.00 and gave the stock a “market perform” rating in a research report on Wednesday. Needham & Company LLC downgraded shares of Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 target price on the stock. in a research report on Friday, December 1st. They noted that the move was a valuation call. DA Davidson set a $71.00 target price on shares of Oxford Industries and gave the stock a “hold” rating in a research report on Wednesday. Finally, Zacks Investment Research downgraded shares of Oxford Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Oxford Industries presently has an average rating of “Buy” and an average price target of $69.80.

Shares of Oxford Industries (NYSE:OXM) traded up $5.87 on Thursday, hitting $72.05. 515,300 shares of the stock traded hands, compared to its average volume of 162,424. The firm has a market cap of $1,210.00, a PE ratio of 19.70, a P/E/G 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 has a 12 month low of $49.50 and a 12 month high of $73.62.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Tuesday, December 5th. The textile maker reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.05. The company had revenue of $236.00 million for the quarter, compared to analysts’ expectations of $242.98 million. Oxford Industries had a net margin of 4.83% and a return on equity of 14.40%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.07) EPS. equities research analysts forecast that Oxford Industries will post 3.62 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. QS Investors LLC grew its position in Oxford Industries by 0.4% during the second quarter. QS Investors LLC now owns 3,629 shares of the textile maker’s stock valued at $227,000 after purchasing an additional 15 shares in the last quarter. Alps Advisors Inc. grew its position in Oxford Industries by 0.3% during the second quarter. Alps Advisors Inc. now owns 9,005 shares of the textile maker’s stock valued at $563,000 after purchasing an additional 23 shares in the last quarter. Pinebridge Investments L.P. grew its position in Oxford Industries by 1.5% during the second quarter. Pinebridge Investments L.P. now owns 1,977 shares of the textile maker’s stock valued at $124,000 after purchasing an additional 30 shares in the last quarter. Arizona State Retirement System grew its position in Oxford Industries by 1.3% during the second quarter. Arizona State Retirement System now owns 7,855 shares of the textile maker’s stock valued at $491,000 after purchasing an additional 100 shares in the last quarter. Finally, Texas Permanent School Fund grew its position in Oxford Industries by 1.4% during the second quarter. Texas Permanent School Fund now owns 10,956 shares of the textile maker’s stock valued at $685,000 after purchasing an additional 150 shares in the last quarter. 89.14% of the stock is currently 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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