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Oxford Industries (OXM) Stock Moves -1.28%: What You Should Know
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Oxford Industries (OXM - Free Report) closed at $111.54 in the latest trading session, marking a -1.28% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.54%. Elsewhere, the Dow lost 1.45%, while the tech-heavy Nasdaq lost 0.16%.
Heading into today, shares of the owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines had gained 12.48% over the past month, outpacing the Consumer Discretionary sector's gain of 6.36% and the S&P 500's gain of 4.54% in that time.
Investors will be hoping for strength from Oxford Industries as it approaches its next earnings release. The company is expected to report EPS of $1.20, up 0.84% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $303.38 million, up 22.46% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $10.48 per share and revenue of $1.39 billion, which would represent changes of +31.16% and +21.96%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Oxford Industries. These recent revisions tend to reflect the evolving nature of 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 near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Oxford Industries is currently sporting a Zacks Rank of #4 (Sell).
Looking at its valuation, Oxford Industries is holding a Forward P/E ratio of 10.78. This valuation marks a discount compared to its industry's average Forward P/E of 11.44.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Oxford Industries (OXM) Stock Moves -1.28%: What You Should Know
Oxford Industries (OXM - Free Report) closed at $111.54 in the latest trading session, marking a -1.28% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.54%. Elsewhere, the Dow lost 1.45%, while the tech-heavy Nasdaq lost 0.16%.
Heading into today, shares of the owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines had gained 12.48% over the past month, outpacing the Consumer Discretionary sector's gain of 6.36% and the S&P 500's gain of 4.54% in that time.
Investors will be hoping for strength from Oxford Industries as it approaches its next earnings release. The company is expected to report EPS of $1.20, up 0.84% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $303.38 million, up 22.46% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $10.48 per share and revenue of $1.39 billion, which would represent changes of +31.16% and +21.96%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Oxford Industries. These recent revisions tend to reflect the evolving nature of 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 near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Oxford Industries is currently sporting a Zacks Rank of #4 (Sell).
Looking at its valuation, Oxford Industries is holding a Forward P/E ratio of 10.78. This valuation marks a discount compared to its industry's average Forward P/E of 11.44.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.