Western Alliance Bancorporation (WAL) Touches $61.16 High on Feb, 19; Oxford Industries (OXM)’s Sentiment Is 2.16

February 19, 2018 - By Adrian Erickson

Oxford Industries, Inc., an apparel company, designs, sources, markets, and distributes products of firm owned brands, and licensed and private labels apparel products worldwide. The company has market cap of $1.34 billion. The firm offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel under the Lilly Pulitzer brand. It has a 26.04 P/E ratio. It also provides branded and private label men's apparel, including tailored clothing, casual pants, and sportswear, as well as apparel under licensed brands, such as the Kenneth Cole, Dockers, Geoffrey Beene, Nick Graham, and Andrew Fezza.

The stock of Western Alliance Bancorporation (NYSE:WAL) reached all time high today, Feb, 19 and still has $66.66 target or 9.00% above today’s $61.16 share price. This indicates more upside for the $6.45B company. This technical setup was reported by Barchart.com. If the $66.66 PT is reached, the company will be worth $580.68 million more. The stock increased 1.36% or $0.82 during the last trading session, reaching $61.16. About 593,607 shares traded. Western Alliance Bancorporation (NYSE:WAL) has risen 29.08% since February 19, 2017 and is uptrending. It has outperformed by 12.38% the S&P500.




Analysts await Oxford Industries, Inc. (NYSE:OXM) to report earnings on March, 22. They expect $0.94 EPS, up 49.21% or $0.31 from last year’s $0.63 per share. OXM’s profit will be $15.82 million for 21.11 P/E if the $0.94 EPS becomes a reality. After $0.17 actual EPS reported by Oxford Industries, Inc. for the previous quarter, Wall Street now forecasts 452.94% EPS growth.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $381,197 activity.

The stock decreased 0.63% or $0.5 during the last trading session, reaching $79.37. About 86,668 shares traded. Oxford Industries, Inc. (OXM) has declined 10.42% since February 19, 2017 and is downtrending. It has underperformed by 27.12% the S&P500.

Rbo & Co Llc holds 2.27% of its portfolio in Oxford Industries, Inc. for 137,295 shares. Cardinal Capital Management Llc Ct owns 463,449 shares or 1.22% of their US portfolio. Moreover, Lucus Advisors Llc has 0.49% invested in the company for 5,524 shares. The California-based Rice Hall James & Associates Llc has invested 0.46% in the stock. New Amsterdam Partners Llc Ny, a New York-based fund reported 26,136 shares.

Since October 23, 2017, it had 1 buy, and 9 insider sales for $10.18 million activity. Another trade for 4,000 shares valued at $225,960 was sold by MCAUSLAN ROBERT REOCH. $279,450 worth of Western Alliance Bancorporation (NYSE:WAL) shares were sold by Sohn Sung Won. BEACH BRUCE D sold $223,560 worth of Western Alliance Bancorporation (NYSE:WAL) on Wednesday, October 25. SNYDER DONALD D sold $223,880 worth of Western Alliance Bancorporation (NYSE:WAL) on Wednesday, October 25. 29 Western Alliance Bancorporation (NYSE:WAL) shares with value of $1,722 were bought by LATTA ROBERT P. $555,462 worth of Western Alliance Bancorporation (NYSE:WAL) shares were sold by BOYD WILLIAM S. 100,000 Western Alliance Bancorporation (NYSE:WAL) shares with value of $5.52 million were sold by Sarver Robert Gary.

Among 13 analysts covering Western Alliance Bancorp (NYSE:WAL), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Western Alliance Bancorp has $73.0 highest and $37 lowest target. $64.68’s average target is 5.76% above currents $61.16 stock price. Western Alliance Bancorp had 48 analyst reports since September 8, 2015 according to SRatingsIntel. Wood maintained Western Alliance Bancorporation (NYSE:WAL) rating on Tuesday, April 11. Wood has “Buy” rating and $58 target. Barclays Capital maintained Western Alliance Bancorporation (NYSE:WAL) rating on Wednesday, October 11. Barclays Capital has “Overweight” rating and $62 target. The rating was maintained by Piper Jaffray on Tuesday, September 12 with “Buy”. The rating was maintained by RBC Capital Markets on Friday, January 26 with “Buy”. The stock has “Buy” rating by SunTrust on Thursday, October 26. The stock of Western Alliance Bancorporation (NYSE:WAL) has “Market Perform” rating given on Thursday, September 1 by Wells Fargo. The firm has “Overweight” rating by Barclays Capital given on Tuesday, February 14. The stock of Western Alliance Bancorporation (NYSE:WAL) has “Buy” rating given on Thursday, February 11 by DA Davidson. The rating was maintained by Jefferies with “Buy” on Monday, January 29. Barclays Capital maintained it with “Overweight” rating and $65 target in Monday, October 23 report.

Western Alliance Bancorporation operates as the holding firm for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company has market cap of $6.45 billion. The firm offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It has a 19.73 P/E ratio. It also offers commercial and industrial loan products, such as working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans.

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