Telsey Advisory Group Issues Pessimistic Forecast for Oxford Industries (NYSE:OXM) Stock Price

Oxford Industries (NYSE:OXM) had its price target reduced by research analysts at Telsey Advisory Group from $52.00 to $35.00 in a note issued to investors on Thursday, MarketBeat.com reports. The brokerage presently has a “market perform” rating on the textile maker’s stock. Telsey Advisory Group’s price objective would indicate a potential upside of 0.38% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Truist Financial upped their price objective on shares of Oxford Industries from $47.00 to $50.00 and gave the stock a “hold” rating in a research report on Thursday, September 11th. Zacks Research raised shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Citigroup upgraded shares of Oxford Industries from a “sell” rating to a “neutral” rating and reduced their price target for the stock from $44.00 to $35.00 in a research report on Tuesday, November 25th. Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, October 8th. Finally, UBS Group cut their target price on Oxford Industries from $47.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday. Six analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $43.60.

Oxford Industries Trading Up 9.4%

Shares of NYSE:OXM opened at $34.87 on Thursday. The business’s 50 day simple moving average is $37.37 and its 200 day simple moving average is $41.82. Oxford Industries has a 1 year low of $30.57 and a 1 year high of $89.86. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.51. The company has a market capitalization of $518.47 million, a P/E ratio of -105.65 and a beta of 1.11.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share for the quarter, beating the consensus estimate 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 quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, research analysts anticipate that Oxford Industries will post 6.62 EPS for the current fiscal year.

Insider Buying and Selling at Oxford Industries

In other news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average price of $35.12 per share, with a total value of $175,600.00. Following the acquisition, the chief executive officer directly owned 22,709 shares in the company, valued at $797,540.08. The trade was a 28.23% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 6.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Oxford Industries

Several large investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its holdings in shares of Oxford Industries by 5.9% during the first quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker’s stock worth $195,000 after purchasing an additional 185 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Oxford Industries by 6.1% during the 2nd quarter. Advisors Asset Management Inc. now owns 4,169 shares of the textile maker’s stock worth $168,000 after buying an additional 241 shares during the period. Cerity Partners LLC boosted its position in Oxford Industries by 3.0% during the 2nd quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker’s stock worth $399,000 after buying an additional 286 shares during the period. CWM LLC grew its holdings in Oxford Industries by 61.5% during the 3rd quarter. CWM LLC now owns 801 shares of the textile maker’s stock worth $32,000 after acquiring an additional 305 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Oxford Industries by 2.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,094 shares of the textile maker’s stock valued at $531,000 after acquiring an additional 370 shares during the period. 91.16% of the stock is currently owned by institutional investors.

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.