Oxford Industries (OXM) Outperforms Market Gains: What You Need To Know


ohxford Industries (OXM) closed at $ 104.35 on the last trading session, marking a rise of 0.83% from the previous day. The change exceeded the S&P 500’s 0.39% gain on the day. Meanwhile, the Dow Jones gained 0.15% and the Nasdaq, a heavy tech index, added 0.02%.

Prior to today’s trading, shares of clothing line owner Tommy Bahama, Lilly Pulitzer and Southern Tide had gained 12.47% over the past month. This topped the 1.34% gain of the consumer discretionary sector and the 4.82% gain of the S&P 500 during this period.

OXM will look to show its strength as the next publication of its results approaches. On that day, OXM is expected to report earnings of $ 0.29 per share, which would represent year-over-year growth of 165.91%. Our most recent consensus estimate projects quarterly revenue of $ 227.69 million, up 30% from the previous year.

For the full year, our consensus estimates from Zacks suggest analysts expect earnings of $ 6.68 per share and revenue of $ 1.1 billion. These totals would mark changes of + 469.06% and + 47.35%, respectively, compared to last year.

Any recent changes in analyst estimates for OXM should also be noted by investors. Recent revisions tend to reflect the latest short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Research indicates that these estimate revisions are directly correlated with short-term stock price dynamics. Investors can take advantage of this by using the Zacks Ranking. This model takes into account these changes in estimate and provides a simple and workable scoring system.

Zacks’ ranking system ranges from # 1 (strong buy) to # 5 (strong sell). It has a remarkable, externally verified track record of success, with No.1 stocks generating an average annual return of + 25% since 1988. The Zacks Consensus EPS estimate has remained stagnant over the past month. OXM currently holds a Zacks rank of 3 (Maintain).

Valuation is also important, so investors should note that OXM currently has a forward P / E ratio of 15.5. This valuation marks a discount compared to the average forward P / E of its sector of 17.07.

The Textile – Clothing industry is part of the Consumer discretionary sector. This group has a Zacks Industry Rank of 52, placing it in the top 21% of all 250+ industries.

The Zacks Industry Rankings include is ranked from best to worst in terms of the average Zacks rankings of individual companies in each of these industries. Our research shows that the top 50% of industries top the bottom half by a factor of 2 to 1.

Make sure to use Zacks. Com to track all of these stock market metrics, and more, over future trading sessions.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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