Oxford Industries (NYSE: OXM) upgraded at Zacks Funding Analysis
Oxford Industries (NYSE: OXM) was upgraded by Zacks Funding Analysis from a “promote” score to a “maintain” score in a report launched Wednesday, Zacks.com stories.
In response to Zacks, “Oxford Industries, Inc. is a clothes firm that designs, purchases, markets and distributes merchandise bearing the logos of its owned and licensed manufacturers. The manufacturers owned by Oxford are Tommy Bahama®, Lilly Pulitzer®, Oxford Golf® and Billy London®. The Firm operates retail shops, web sites and eating places. The Firm has granted licenses to pick out third events to supply and promote sure classes of merchandise below its Tommy Bahama and Lilly Pulitzer manufacturers. The Firm additionally holds unique licenses to supply and promote sure classes of merchandise below the Kenneth Cole®, Geoffrey Beene® and Dockers® labels. Oxford’s wholesale prospects embrace shops, specialty shops, nationwide chains, warehouse golf equipment and Web retailers. “
Quite a lot of different analysis corporations have additionally commented on OXM. Telsey Advisory Group raised its worth goal on Oxford Industries shares from $ 53.00 to $ 65.00 and assigned the corporate a “market efficiency” score in a analysis notice on Thursday, December 10. KeyCorp raised its worth goal on Oxford Industries shares from $ 64.00 to $ 75.00 and assigned the corporate an “chubby” score in a analysis notice on Thursday, December 10. Lastly, B. Riley raised his Oxford Industries inventory worth goal from $ 70.00 to $ 84.00 and gave the corporate a “purchase” score in a analysis notice on Tuesday January twelfth. . Three analysis analysts rated the inventory with a sustaining score and three gave the corporate a purchase score. The corporate presently has a mean score of “Purchase” and a consensus goal worth of $ 67.80.
OXM inventory opened at $ 91.44 on Wednesday. The corporate has a present ratio of 1.49, a fast ratio of 0.64 and a debt ratio of 0.08. Oxford Industries has a one-year minimal of $ 30.37 and a one-year most of $ 94.72. The corporate has a market cap of $ 1.54 billion, a PE ratio of -22.14 and a beta of 1.61. The corporate has a 50-day transferring common of $ 76.31 and a two-hundred-day transferring common of $ 58.96.
Institutional traders and hedge funds have just lately modified their stakes within the firm. Arrowstreet Capital Restricted Partnership elevated its holdings of Oxford Industries shares by 186.1% within the third quarter. Arrowstreet Capital Restricted Partnership now owns 128,415 shares of the textile maker valued at $ 5,183,000 after buying 83,534 further shares in the course of the interval. GW&Okay Funding Administration LLC elevated its holdings of Oxford Industries shares by 2.0% within the third quarter. GW&Okay Funding Administration LLC now owns 372,461 shares of the textile producer’s inventory valued at $ 15,032,000 after buying an extra 7,197 shares in the course of the interval. Fort Washington Funding Advisors Inc. OH elevated its holdings in Oxford Industries by 2.0% within the third quarter. Fort Washington Funding Advisors Inc. OH now owns 193,227 shares of the textile maker valued at $ 7,799,000 after buying an extra 3,727 shares within the final quarter. California’s public sector worker pension system elevated its holdings in Oxford Industries by 3.1% within the third quarter. The California Public Staff Retirement System now owns 38,054 shares of the textile maker valued at $ 1,536,000 after shopping for 1,132 extra shares within the final quarter. Lastly, BNP Paribas Arbitrage SA elevated its stakes in Oxford Industries by 178.5% within the third quarter. BNP Paribas Arbitrage SA now owns 4,281 shares of the textile producer valued at $ 173,000 after shopping for 2,744 further shares over the last quarter. Institutional traders maintain 87.39% of the corporate’s shares.
Oxford Industries Firm Profile
Oxford Industries, Inc., a clothes firm, designs, purchases, markets and distributes Firm-owned and licensed model merchandise, and personal label clothes merchandise worldwide. The corporate provides males’s and ladies’s sportswear and associated merchandise below the Tommy Bahama model; clothes and sportswear for girls and ladies, scarves, luggage, jewellery and belts, in addition to footwear and clothes for youngsters below the Lilly Pulitzer model; and males’s shirts, pants, shorts, outerwear, ties, swimwear, footwear and equipment, in addition to ladies’s and youth merchandise below the Southern Tide model.
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