Oxford Industries, Inc. (NYSE:OXM) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Analysts have assigned Oxford Industries, Inc. a consensus recommendation of "Reduce," with one analyst labeling it a sell and five others giving it a hold rating.
• CEO Thomas Caldecot Chubb III and another executive recently purchased a combined total of 16,500 shares, indicating confidence in the company's stock despite current ratings.
• The company reported a revenue of $392.86 million for its latest quarter but also noted a year-over-year decrease, with earnings per share meeting consensus estimates at $1.82.

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) has been given an average recommendation of "Reduce" by the six analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $54.40.

A number of research analysts have recently issued reports on the company. Citigroup dropped their price objective on Oxford Industries from $47.00 to $44.00 and set a "sell" rating on the stock in a research note on Thursday, June 12th. Truist Financial boosted their price objective on Oxford Industries from $47.00 to $50.00 and gave the company a "hold" rating in a research note on Thursday. Zacks Research raised Oxford Industries to a "hold" rating in a research note on Monday, August 11th. UBS Group dropped their price objective on Oxford Industries from $48.00 to $46.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 27th. Finally, Telsey Advisory Group reissued a "market perform" rating and issued a $52.00 price objective on shares of Oxford Industries in a research note on Thursday.

Oxford Industries Trading Down 8.4%

OXM traded down $4.35 during midday trading on Tuesday, hitting $47.23. 932,156 shares of the company were exchanged, compared to its average volume of 517,747. The firm has a market capitalization of $705.38 million, a P/E ratio of 12.76 and a beta of 1.36. Oxford Industries has a 1-year low of $36.25 and a 1-year high of $89.86. The firm's 50 day moving average price is $43.33 and its 200-day moving average price is $49.09. The company has a quick ratio of 0.51, a current ratio of 1.18 and a debt-to-equity ratio of 0.14.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its earnings results on Wednesday, September 10th. The textile maker reported $1.26 EPS for the quarter, topping the consensus estimate of $1.21 by $0.05. The firm had revenue of $403.10 million for the quarter, compared to the consensus estimate of $406.14 million. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The business's quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.77 EPS. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050--0.85 EPS. As a group, equities analysts forecast that Oxford Industries will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Friday, October 17th. Oxford Industries's payout ratio is presently 74.59%.

Insider Transactions at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III bought 6,500 shares of the company's stock in a transaction dated Monday, June 16th. The shares were bought at an average price of $40.12 per share, for a total transaction of $260,780.00. Following the completion of the acquisition, the chief executive officer directly owned 59,063 shares of the company's stock, valued at $2,369,607.56. This trade represents a 12.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert S. Trauber bought 10,000 shares of the company's stock in a transaction dated Wednesday, June 18th. The stock was bought at an average price of $41.38 per share, for a total transaction of $413,800.00. Following the acquisition, the chief executive officer directly owned 13,364 shares of the company's stock, valued at approximately $553,002.32. This represents a 297.27% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 16,818 shares of company stock valued at $686,724 over the last ninety days. 6.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Oxford Industries

Institutional investors have recently modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Oxford Industries by 12.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,024 shares of the textile maker's stock valued at $709,000 after acquiring an additional 1,358 shares in the last quarter. Global Alpha Capital Management Ltd. grew its holdings in shares of Oxford Industries by 37.7% in the first quarter. Global Alpha Capital Management Ltd. now owns 288,300 shares of the textile maker's stock valued at $16,915,000 after acquiring an additional 79,000 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Oxford Industries by 307.0% in the first quarter. SG Americas Securities LLC now owns 14,468 shares of the textile maker's stock valued at $849,000 after acquiring an additional 10,913 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Oxford Industries by 12.3% in the first quarter. Envestnet Asset Management Inc. now owns 96,319 shares of the textile maker's stock valued at $5,651,000 after acquiring an additional 10,547 shares in the last quarter. Finally, Jump Financial LLC bought a new position in shares of Oxford Industries in the first quarter valued at approximately $4,775,000. 91.16% of the stock is owned by institutional investors.

Oxford Industries Company Profile

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.