Telsey Advisory Group Initiates Coverage on Oxford Industries Inc to Outperform

Telsey Advisory Group Initiates Coverage on Oxford Industries Inc(NYSE:OXM). The shares have been rated Outperform. The rating by Telsey Advisory Group was issued on Apr 11, 2016.

In a different note, B. Riley said it Initiates Coverage on Oxford Industries Inc, according to a research note issued on Feb 17, 2016. The shares have been rated ‘Buy’ by the firm.

Oxford Industries Inc (OXM) made into the market gainers list on Fridays trading session with the shares advancing 0.48% or 0.3 points. Due to strong positive momentum, the stock ended at $62.28, which is also near the day’s high of $62.45. The stock began the session at $61.75 and the volume stood at 1,12,308 shares. The 52-week high of the shares is $91.24 and the 52 week low is $54.79. The company has a current market capitalization of $1,034 M and it has 1,66,01,249 shares in outstanding.

Oxford Industries Inc(OXM) last announced its earnings results on Mar 23, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $259.58M. Analysts had an estimated revenue of $266.09M. Earnings per share were $1.09. Analysts had estimated an EPS of $1.05.

Several Insider Transactions has been reported to the SEC. On Jun 12, 2015, Terry R Pillow (CEO, TOMMY BAHAMA GROUP) sold 5,000 shares at $86.08 per share price.

Oxford Industries Inc. is a global apparel company. The Company designs sources markets and distributes products bearing the trademarks of its owned lifestyle brands as well as certain licensed and private label apparel products. The Company’s portfolio of brands includes Tommy Bahama Lilly Pulitzer and Ben Sherman. It distributes its own lifestyle branded products through its direct to consumer channel consisting of its retail stores and e-commerce sites and its wholesale distribution channel which includes better department stores and specialty stores. In addition to operating e-commerce Websites for each of its lifestyle brands as of January 31 2015 the Company operated 157 Tommy Bahama 28 Lilly Pulitzer and 21 Ben Sherman retail locations including outlet locations for Tommy Bahama and Ben Sherman. The Company’s business is primarily operated through its operating groups: Tommy Bahama Lilly Pulitzer Lanier Clothes and Ben Sherman.

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