Oxford Industries (NYSE:OXM) Lowered to “Sell” Rating by Wall Street Zen

Oxford Industries (NYSE:OXM) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

A number of other equities analysts also recently commented on the stock. Telsey Advisory Group reduced their price objective on shares of Oxford Industries from $52.00 to $35.00 and set a “market perform” rating for the company in a research note on Thursday, December 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of Oxford Industries in a research note on Wednesday. Truist Financial decreased their target price on shares of Oxford Industries from $50.00 to $35.00 and set a “hold” rating for the company in a research note on Thursday, December 11th. Citigroup dropped their price target on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. Finally, UBS Group cut their price target on shares of Oxford Industries from $47.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Five equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $43.60.

Oxford Industries Stock Down 2.0%

Shares of NYSE OXM opened at $36.37 on Friday. The firm has a 50 day moving average price of $37.24 and a 200 day moving average price of $41.23. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.62 and a current ratio of 1.33. The stock has a market cap of $541.16 million, a P/E ratio of -110.20 and a beta of 1.11. Oxford Industries has a 52-week low of $30.57 and a 52-week high of $89.86.

Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) EPS for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.03. The company had revenue of $307.34 million for the quarter, compared to analyst estimates of $304.42 million. Oxford Industries had a positive return on equity of 9.35% and a negative net margin of 0.20%.Oxford Industries’s revenue was down .2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.11) earnings per share. 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. Analysts expect that Oxford Industries will post 6.62 EPS for the current year.

Insider Buying and Selling

In related news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of Oxford Industries stock in a transaction on Friday, December 12th. The stock was purchased at an average cost of $35.12 per share, with a total value of $175,600.00. Following the completion of the transaction, the chief executive officer directly owned 22,709 shares in the company, valued at $797,540.08. This trade represents a 28.23% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.00% of the stock is currently owned by company insiders.

Institutional Trading of Oxford Industries

A number of hedge funds have recently modified their holdings of OXM. American Century Companies Inc. boosted its holdings in shares of Oxford Industries by 6.0% during the 3rd quarter. American Century Companies Inc. now owns 595,107 shares of the textile maker’s stock worth $24,126,000 after buying an additional 33,871 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Oxford Industries by 7.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 471,502 shares of the textile maker’s stock worth $19,115,000 after acquiring an additional 32,226 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Oxford Industries by 3.3% during the second quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock worth $17,804,000 after acquiring an additional 14,103 shares during the period. RBO & Co. LLC grew its position in shares of Oxford Industries by 49.1% in the third quarter. RBO & Co. LLC now owns 294,076 shares of the textile maker’s stock valued at $11,922,000 after purchasing an additional 96,787 shares during the last quarter. Finally, Millennium Management LLC grew its position in shares of Oxford Industries by 311.9% in the first quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock valued at $17,213,000 after purchasing an additional 222,150 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.

About Oxford Industries

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.