Get ready for a potential market mover! Oxford Industries (OXM), the company behind beloved brands like Tommy Bahama and Lilly Pulitzer, is set to release its quarterly earnings report on Wednesday, September 11th. This announcement has investors buzzing, and for good reason.
Analysts are anticipating that Oxford Industries will report an earnings per share (EPS) of $3.04. If the company meets or surpasses this expectation, it could be a positive signal for the stock price. But the real excitement lies in the company’s guidance for the upcoming quarter.
Why is guidance so important? Because it provides investors with insights into the company’s future prospects and can significantly influence stock prices. Let’s take a look at Oxford Industries’s recent track record to get a sense of what might be in store.
Last quarter, the company missed EPS estimates by a small margin, but the stock price actually rose the next day. Here’s a more detailed look at Oxford Industries’s past performance and the subsequent share price changes:
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Q1 2024:
EPS Estimate: $2.68, Actual EPS: $2.66, Price Change: 1.0%*
Q4 2023:
EPS Estimate: $1.95, Actual EPS: $1.90, Price Change: -0.0%*
Q3 2023:
EPS Estimate: $0.96, Actual EPS: $1.01, Price Change: 4.0%*
Q2 2023:
EPS Estimate: $3.40, Actual EPS: $3.45, Price Change: 1.0%As you can see, Oxford Industries has a history of exceeding expectations, and this pattern could continue in the upcoming earnings report.
Beyond the Earnings:
To get a clearer picture of how Oxford Industries stacks up against its competitors, we’ll dive into the industry landscape. The consensus rating for Oxford Industries is Neutral, based on 4 analyst ratings. This suggests that analysts are cautiously optimistic about the company’s future. The average one-year price target is $100.75, representing a potential 23.05% upside.
Let’s compare Oxford Industries’s performance to three of its key competitors: G-III Apparel Group, FIGS, and Hanesbrands.
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G-III Apparel Group:
Analysts project a Neutral trajectory, with an average one-year price target of $30.5, indicating a potential 62.75% downside.*
FIGS:
Analysts also favor a Neutral trajectory for FIGS, with an average one-year price target of $5.94, suggesting a potential 92.75% downside.*
Hanesbrands:
The consensus outlook for Hanesbrands is also Neutral, with an average one-year price target of $6.17, indicating a potential 92.46% downside.Key Findings from Peer Analysis:
Oxford Industries stands out among its peers in several key areas. While its revenue growth is in the middle of the pack, the company boasts top rankings in both gross profit and return on equity. This suggests that Oxford Industries is effectively managing its costs and generating strong profits.
Get to Know Oxford Industries Better:
Oxford Industries Inc. is a well-established apparel manufacturing company that designs, sources, markets, and distributes products under the recognizable names of Tommy Bahama and Lilly Pulitzer. The company generates a significant portion of its revenue from the Tommy Bahama division.
Oxford Industries’s Financial Strength:
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Market Capitalization:
While Oxford Industries’s market capitalization is smaller than its peers, this could be attributed to factors like growth expectations or operational capacity.*
Revenue Trend:
Over the past three months, Oxford Industries has experienced a decline of approximately -5.22% in revenue growth. This slowdown is a cause for concern, especially as it falls below the average growth rate within the Consumer Discretionary sector.*
Net Margin:
Oxford Industries shines in its net margin, which surpasses industry standards. With an impressive 9.64%, the company demonstrates its ability to effectively manage costs and achieve strong profitability.*
Return on Equity (ROE):
Oxford Industries’s ROE is another strong indicator of its financial health, exceeding industry averages. With a remarkable 6.65% ROE, the company demonstrates its effective use of equity capital and strong financial performance.*
Return on Assets (ROA):
Oxford Industries’s ROA also surpasses industry averages, showcasing efficient use of assets and strong financial health. With a remarkable ROA of 3.4%, the company is clearly demonstrating its ability to generate profits from its assets.*
Debt Management:
Oxford Industries’s debt-to-equity ratio is lower than the industry average, indicating a healthy reliance on equity financing and a balanced approach to debt management. This is a positive sign for investors who prefer companies with less debt.With its strong brand portfolio, impressive financial performance, and potential upside, Oxford Industries is a company worth watching closely as it releases its earnings report on September 11th. Stay tuned for the latest updates!
