Oxford Industries, Inc. (NYSE:OXM) Given Consensus Recommendation 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 assigned a consensus rating of "Reduce" from the six analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $53.80.

Several equities research analysts have recently issued reports on the stock. UBS Group reduced their price objective on shares of Oxford Industries from $48.00 to $46.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 27th. Zacks Research upgraded shares of Oxford Industries to a "hold" rating in a research report on Monday, August 11th. Truist Financial reduced their price objective on shares of Oxford Industries from $56.00 to $47.00 and set a "hold" rating on the stock in a research report on Thursday, June 12th. Telsey Advisory Group reiterated a "market perform" rating and set a $52.00 price objective on shares of Oxford Industries in a research report on Friday. Finally, Citigroup reduced their price objective on shares of Oxford Industries from $47.00 to $44.00 and set a "sell" rating on the stock in a research report on Thursday, June 12th.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, CEO Thomas Caldecot Chubb III purchased 6,500 shares of Oxford Industries stock in a transaction that occurred on 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 transaction, the chief executive officer owned 59,063 shares of the company's stock, valued at approximately $2,369,607.56. This trade represents a 12.37% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Robert S. Trauber purchased 10,000 shares of Oxford Industries stock in a transaction that occurred on Wednesday, June 18th. The stock was acquired at an average price of $41.38 per share, for a total transaction of $413,800.00. Following the transaction, the chief executive officer directly owned 13,364 shares of the company's stock, valued at $553,002.32. The trade was a 297.27% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 16,818 shares of company stock worth $686,724 in the last 90 days. 6.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oxford Industries

Several large investors have recently bought and sold shares of OXM. Caitong International Asset Management Co. Ltd bought a new stake in Oxford Industries in the second quarter worth $34,000. Blue Trust Inc. increased its position in Oxford Industries by 124.8% during the second quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker's stock valued at $58,000 after acquiring an additional 804 shares during the last quarter. BNP Paribas Financial Markets increased its position in Oxford Industries by 44.8% during the second quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker's stock valued at $61,000 after acquiring an additional 466 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Oxford Industries by 127.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker's stock valued at $73,000 after acquiring an additional 1,014 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Oxford Industries by 406.0% during the second quarter. GAMMA Investing LLC now owns 2,095 shares of the textile maker's stock valued at $84,000 after acquiring an additional 1,681 shares during the last quarter. Institutional investors own 91.16% of the company's stock.

Oxford Industries Price Performance

Shares of NYSE:OXM opened at $40.49 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.32 and a quick ratio of 0.64. Oxford Industries has a 1-year low of $36.25 and a 1-year high of $89.86. The company has a market capitalization of $604.92 million, a P/E ratio of 7.86 and a beta of 1.36. The firm's 50 day simple moving average is $43.19 and its two-hundred day simple moving average is $49.71.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its quarterly earnings results on Wednesday, June 11th. The textile maker reported $1.82 earnings per share for the quarter, meeting the consensus estimate of $1.82. Oxford Industries had a net margin of 5.35% and a return on equity of 14.97%. The business had revenue of $392.86 million for the quarter, compared to the consensus estimate of $383.54 million. During the same quarter in the previous year, the firm earned $2.66 earnings per share. The company's revenue for the quarter was down 1.3% on a year-over-year basis. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q2 2025 guidance at 1.050-1.250 EPS. Research analysts expect that Oxford Industries will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Friday, July 18th were given a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 6.8%. The ex-dividend date was Friday, July 18th. Oxford Industries's payout ratio is currently 53.59%.

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.

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