Oxford Industries, Inc. OXM was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $61.53–$69.85 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after the company reported better-than-expected fiscal 2017 third-quarter results.
The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Oxford Industries, Inc. Price and Consensus
Oxford Industries, Inc. Price and Consensus | Oxford Industries, Inc. Quote
Oxford Industries currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.
A better ranked stock in the Textile - Apparel industry is G-III Apparel Group, LTD. GIII which also carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is OXM going up? Or down? Predict to see what others think: Up or Down
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report
Oxford Industries, Inc. (OXM) : Free Stock Analysis Report
To read this article on Zacks.com click here.