Telsey Advisory Group Reaffirms “Market Perform” Rating for Oxford Industries (NYSE:OXM)

Oxford Industries (NYSE:OXM)‘s stock had its “market perform” rating reaffirmed by stock analysts at Telsey Advisory Group in a report issued on Thursday,Benzinga reports. They presently have a $52.00 target price on the textile maker’s stock. Telsey Advisory Group’s price objective suggests a potential upside of 31.82% from the company’s current price. Telsey Advisory Group also issued estimates for Oxford Industries’ Q1 2027 earnings at $1.95 EPS, Q2 2027 earnings at $2.60 EPS, Q3 2027 earnings at ($0.40) EPS and Q4 2027 earnings at $1.26 EPS.

Several other research firms have also issued reports on OXM. Citigroup cut their target price on Oxford Industries from $52.00 to $47.00 and set a “sell” rating on the stock in a research note on Monday, April 7th. KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research report on Friday, March 28th. Truist Financial began coverage on shares of Oxford Industries in a research report on Wednesday, May 28th. They set a “hold” rating and a $56.00 target price on the stock. Finally, UBS Group upped their target price on Oxford Industries from $54.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, June 5th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $55.80.

Oxford Industries Trading Down 8.4%

Shares of NYSE OXM opened at $39.45 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The business’s 50 day moving average price is $51.72 and its 200-day moving average price is $66.12. Oxford Industries has a fifty-two week low of $39.28 and a fifty-two week high of $108.51. The company has a market cap of $586.38 million, a price-to-earnings ratio of 44.32 and a beta of 1.45.

Oxford Industries (NYSE:OXM) last issued its earnings results on Wednesday, June 11th. The textile maker reported $1.82 earnings per share for the quarter, hitting the consensus estimate of $1.82. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The business had revenue of $392.86 million during the quarter, compared to analysts’ expectations of $383.54 million. During the same period in the prior year, the business earned $2.66 EPS. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. On average, sell-side analysts expect that Oxford Industries will post 6.62 earnings per share for the current year.

Insiders Place Their Bets

In other Oxford Industries news, Director Milford W. Mcguirt bought 1,000 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The stock was acquired at an average price of $58.70 per share, with a total value of $58,700.00. Following the completion of the acquisition, the director now directly owns 7,180 shares of the company’s stock, valued at $421,466. This represents a 16.18% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Oxford Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC boosted its holdings in Oxford Industries by 981.6% in the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 373 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of Oxford Industries in the 4th quarter valued at approximately $63,000. Vestcor Inc acquired a new position in shares of Oxford Industries in the 4th quarter worth approximately $100,000. State of Wyoming lifted its holdings in shares of Oxford Industries by 159.4% in the 1st quarter. State of Wyoming now owns 2,511 shares of the textile maker’s stock worth $147,000 after acquiring an additional 1,543 shares during the last quarter. Finally, Truvestments Capital LLC grew its stake in shares of Oxford Industries by 15.6% in the fourth quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker’s stock valued at $190,000 after buying an additional 326 shares in the last quarter. 91.16% of the stock is currently owned by institutional investors and hedge funds.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company 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 children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.