Oxford Industries Inc. (NYSE: OXM) is -6.19% lower on its value in year-to-date trading and has touched a low of $76.21 and a high of $110.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OXM stock was last observed hovering at around $93.94 in the last trading session, with the day’s gains setting it 1.3% off its average median price target of $112.50 for the next 12 months. It is also 27.85% off the consensus price target high of $132.00 offered by 6 analysts, but current levels are -3.52% lower than the price target low of $92.00 for the same period.
Currently trading at $95.24, the stock is 6.55% and 6.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 1.38% at the moment leaves the stock 3.97% off its SMA200. OXM registered 10.07% gain for a year compared to 6-month gain of 8.96%.
The stock witnessed a 1.50% loss in the last 1 month and extending the period to 3 months gives it a 2.77%, and is 1.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.18% over the week and 3.09% over the month.
Oxford Industries Inc. (OXM) has around 4700 employees, a market worth around $1.52B and $1.23B in sales. Current P/E ratio is 9.98 and Fwd P/E is 9.50. Profit margin for the company is 13.00%. Distance from 52-week low is 24.97% and -13.71% from its 52-week high. The company has generated returns on investments over the last 12 months (26.10%).
Oxford Industries Inc. (OXM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Oxford Industries Inc. (OXM) is a “Overweight”. 6 analysts offering their recommendations for the stock have an average rating of 2.80, where 1 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Oxford Industries Inc. is expected to release its quarterly report on 09/01/2022.The EPS is expected to grow by 234.80% this year.
Oxford Industries Inc. (OXM) Top Institutional Holders
The shares outstanding are 16.32M, and float is at 14.97M with Short Float at 11.41%.
Oxford Industries Inc. (OXM) Insider Activity
A total of 21 insider transactions have happened at Oxford Industries Inc. (OXM) in the last six months, with sales accounting for 7 and purchases happening 14 times. The most recent transaction is an insider purchase by HOLDER JOHN R,the company’sDirector. SEC filings show that HOLDER JOHN R bought 2,500 shares of the company’s common stock on Jan 03 at a price of $99.58 per share for a total of $0.25 million. Following the purchase, the insider now owns 31254.0 shares.
Oxford Industries Inc. disclosed in a document filed with the SEC on Jan 03 that WOOD E JENNER III (Director) sold a total of 2,150 shares of the company’s common stock. The trade occurred on Jan 03 and was made at $101.87 per share for $0.22 million. Following the transaction, the insider now directly holds 17011.0 shares of the OXM stock.
Still, SEC filings show that on Dec 21, LOVE DENNIS M (Director) disposed off 2,030 shares at an average price of $95.94 for $0.19 million. The insider now directly holds 22,369 shares of Oxford Industries Inc. (OXM).
Oxford Industries Inc. (OXM): Who are the competitors?
The company’s main competitors (and peers) include Gildan Activewear Inc. (GIL) that is trading -15.53% down over the past 12 months and Superior Group of Companies Inc. (SGC) that is -25.61% lower over the same period. V.F. Corporation (VFC) is -41.34% down on the 1-year trading charts.