Oxford Industries, Inc. (NYSE:OXM) Given Average Recommendation of “Reduce” by Analysts

Oxford Industries, Inc. (NYSE:OXMGet Free Report) has received an average rating of “Reduce” from the seven brokerages that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $45.40.

Several research firms have commented on OXM. Wall Street Zen downgraded shares of Oxford Industries from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. UBS Group lifted their target price on shares of Oxford Industries from $35.00 to $36.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Truist Financial set a $38.00 price target on shares of Oxford Industries in a research report on Wednesday, January 14th. Citigroup reduced their price objective on Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Oxford Industries in a research note on Monday, December 29th.

Check Out Our Latest Report on Oxford Industries

Oxford Industries Trading Down 3.3%

NYSE OXM opened at $38.42 on Friday. The stock’s 50-day simple moving average is $37.47 and its two-hundred day simple moving average is $39.43. Oxford Industries has a twelve month low of $30.57 and a twelve month high of $76.97. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $571.70 million, a price-to-earnings ratio of -116.42 and a beta of 1.09.

Oxford Industries (NYSE:OXMGet Free Report) last posted its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.03. The firm had revenue of $307.34 million during the quarter, compared to analysts’ expectations of $304.42 million. Oxford Industries had a positive return on equity of 9.35% and a negative net margin of 0.20%.The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.11) EPS. Oxford Industries has set its FY 2025 guidance at -1.540–1.320 EPS and its Q4 2025 guidance at 0.000-0.200 EPS. Research analysts forecast that Oxford Industries will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were given a $0.69 dividend. The ex-dividend date was Friday, January 16th. This represents a $2.76 annualized dividend and a yield of 7.2%. Oxford Industries’s payout ratio is presently -836.36%.

Insider Buying and Selling at Oxford Industries

In other news, CEO Thomas Caldecot Chubb III bought 5,000 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were purchased at an average price of $35.12 per share, for a total transaction of $175,600.00. Following the completion of the acquisition, the chief executive officer owned 22,709 shares of the company’s stock, valued at approximately $797,540.08. This trade represents a 28.23% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 6.00% of the company’s stock.

Institutional Investors Weigh In On Oxford Industries

Institutional investors have recently added to or reduced their stakes in the company. Inspire Advisors LLC bought a new position in Oxford Industries in the 2nd quarter worth $2,086,000. CenterBook Partners LP raised its stake in Oxford Industries by 226.6% in the second quarter. CenterBook Partners LP now owns 81,236 shares of the textile maker’s stock worth $3,270,000 after buying an additional 56,360 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Oxford Industries by 5.8% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,724 shares of the textile maker’s stock worth $512,000 after buying an additional 700 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Oxford Industries by 63.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker’s stock valued at $17,681,000 after acquiring an additional 170,208 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Oxford Industries during the 2nd quarter valued at approximately $323,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

About Oxford Industries

(Get Free Report)

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.

Further Reading

Analyst Recommendations for Oxford Industries (NYSE:OXM)

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