Oxford Industries’ (OXM) Market Perform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Oxford Industries (NYSE:OXM) in a research report released on Friday,Benzinga reports. They currently have a $52.00 price objective on the textile maker’s stock.

OXM has been the subject of several other reports. UBS Group reduced their price target on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a research report on Wednesday, August 27th. Truist Financial lifted their target price on Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, September 11th. Zacks Research upgraded Oxford Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Industries in a report on Wednesday, October 8th. Finally, Citigroup raised shares of Oxford Industries from a “sell” rating to a “neutral” rating and reduced their price objective for the company from $44.00 to $35.00 in a research note on Tuesday, November 25th. Six investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $52.60.

Oxford Industries Price Performance

OXM opened at $40.70 on Friday. The company has a market capitalization of $605.19 million, a price-to-earnings ratio of 11.00 and a beta of 1.11. The company has a quick ratio of 0.51, a current ratio of 1.18 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $37.72 and a 200-day moving average price of $42.23. Oxford Industries has a twelve month low of $31.47 and a twelve month high of $89.86.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, September 10th. The textile maker reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.05. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The company had revenue of $403.10 million for the quarter, compared to analysts’ expectations of $406.14 million. During the same period in the prior year, the company posted $2.77 EPS. Oxford Industries’s revenue was down 4.0% compared to the same quarter last year. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS and its Q3 2025 guidance at -1.050–0.85 EPS. Equities analysts expect that Oxford Industries will post 6.62 EPS for the current year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Friday, October 17th were given a dividend of $0.69 per share. The ex-dividend date was Friday, October 17th. This represents a $2.76 annualized dividend and a yield of 6.8%. Oxford Industries’s payout ratio is presently 74.59%.

Hedge Funds Weigh In On Oxford Industries

Institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. lifted its holdings in shares of Oxford Industries by 245.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock worth $27,000 after acquiring an additional 477 shares during the last quarter. CWM LLC raised its position in Oxford Industries by 61.5% during the third quarter. CWM LLC now owns 801 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 305 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Oxford Industries during the second quarter worth about $34,000. Quarry LP bought a new stake in Oxford Industries during the third quarter worth about $38,000. Finally, Blue Trust Inc. boosted its holdings in shares of Oxford Industries by 124.8% in the 2nd quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker’s stock worth $58,000 after purchasing an additional 804 shares in the last quarter. Institutional investors own 91.16% of the company’s stock.

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.