Oxford Industries (NYSE:OXM) is preparing to release its quarterly earnings on Wednesday, 2024-12-11. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Oxford Industries to report an earnings per share (EPS) of $0.11.
Anticipation surrounds Oxford Industries's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
Last quarter the company missed EPS by $0.23, which was followed by a 0.51% increase in the share price the next day.
Here's a look at Oxford Industries's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 3 | 2.68 | 1.95 | 0.96 |
| EPS Actual | 2.77 | 2.66 | 1.90 | 1.01 |
| Price Change % | 1.0% | 1.0% | -0.0% | 4.0% |
Analysts' Take on Oxford Industries
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Oxford Industries.
Analysts have provided Oxford Industries with 3 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $79.0, suggesting a potential 3.0% downside.
Comparing Ratings with Competitors
This comparison focuses on the analyst ratings and average 1-year price targets of G-III Apparel Group, FIGS and Carter's, three major players in the industry, shedding light on their relative performance expectations and market positioning.
As per analysts' assessments, G-III Apparel Group is favoring an Buy trajectory, with an average 1-year price target of $34.0, suggesting a potential 58.25% downside. As per analysts' assessments, FIGS is favoring an Neutral trajectory, with an average 1-year price target of $6.0, suggesting a potential 92.63% downside. The prevailing sentiment among analysts is an Neutral trajectory for Carter's, with an average 1-year price target of $57.5, implying a potential 29.4% downside. Comprehensive Peer Analysis Summary
The peer analysis summary offers a detailed examination of key metrics for G-III Apparel Group, FIGS and Carter's, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.
| Company | Consensus | Revenue Growth | Gross Profit | Return on Equity |
|---|---|---|---|---|
| Oxford Industries | Neutral | -0.10% | $265.01M | 6.69% |
| G-III Apparel Group | Buy | -2.27% | $275.87M | 1.60% |
| FIGS | Neutral | -1.51% | $94.03M | -0.42% |
| Carter's | Neutral | -4.19% | $356.01M | 6.96% |
Key Takeaway:
Oxford Industries ranks in the middle for consensus rating. It is at the bottom for revenue growth and gross profit, while it is at the top for return on equity among its peers.
About Oxford Industries
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets, and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of women's and women's dresses, sportswear, and related products. The company generates a majority of its revenue from the Tommy Bahama division.
Unraveling the Financial Story of Oxford Industries
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Negative Revenue Trend: Examining Oxford Industries's financials over 3 months reveals challenges. As of 31 July, 2024, the company experienced a decline of approximately -0.1% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Oxford Industries's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.68% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Oxford Industries's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.69% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Oxford Industries's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.49%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.59.
To track all earnings releases for Oxford Industries visit their earnings calendar on our site.
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