Oxford Industries (NYSE:OXM) Earns "Market Perform" Rating from Telsey Advisory Group

Key Points

• Telsey Advisory Group has reissued a "market perform" rating for Oxford Industries and set a price target of $52.00, suggesting a 28.82% potential upside from its previous close.
• The company reported $1.26 EPS for its latest quarter, exceeding analysts' expectations, but its revenue decreased by 4.0% year-over-year.
• Insider trading activity includes recent stock acquisitions by CEO Robert S. Trauber and CEO Thomas Caldecot Chubb III, indicating a strong confidence in the company's future prospects.

Oxford Industries (NYSE:OXM - Get Free Report)'s stock had its "market perform" rating reissued by investment analysts at Telsey Advisory Group in a report released on Thursday,Benzinga reports. They currently have a $52.00 price target on the textile maker's stock. Telsey Advisory Group's price objective indicates a potential upside of 28.82% from the stock's previous close.

Other research analysts also recently issued research reports about the stock. Zacks Research raised shares of Oxford Industries to a "hold" rating in a research note on Monday, August 11th. Truist Financial cut their target price on shares of Oxford Industries from $56.00 to $47.00 and set a "hold" rating for the company in a research note on Thursday, June 12th. Citigroup cut their target price on shares of Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a research note on Thursday, June 12th. Finally, UBS Group cut their target price on shares of Oxford Industries from $48.00 to $46.00 and set a "neutral" rating for the company in a research note on Wednesday, August 27th. Five research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Oxford Industries currently has a consensus rating of "Reduce" and a consensus price target of $53.80.

Oxford Industries Price Performance

OXM stock opened at $40.37 on Thursday. Oxford Industries has a 1 year low of $36.25 and a 1 year high of $89.86. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.64 and a current ratio of 1.32. The stock's 50 day moving average price is $43.09 and its 200 day moving average price is $49.58. The firm has a market cap of $603.07 million, a P/E ratio of 7.84 and a beta of 1.36.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.05. Oxford Industries had a return on equity of 14.97% and a net margin of 5.35%.The firm had revenue of $403.10 million for the quarter, compared to analyst estimates of $406.14 million. During the same quarter in the prior year, the company earned $2.77 EPS. Oxford Industries's revenue was down 4.0% on a year-over-year basis. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050--0.85 EPS. On average, sell-side analysts expect that Oxford Industries will post 6.62 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Robert S. Trauber acquired 10,000 shares of the company's stock in a transaction dated Wednesday, June 18th. The stock was acquired at an average cost 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 in the company, valued at approximately $553,002.32. This represents a 297.27% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Thomas Caldecot Chubb III acquired 6,500 shares of the company's stock in a transaction dated Monday, June 16th. The shares were purchased at an average price of $40.12 per share, with a total value of $260,780.00. Following the completion of the acquisition, the chief executive officer owned 59,063 shares in the company, valued at approximately $2,369,607.56. The trade was a 12.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 16,818 shares of company stock valued at $686,724. Insiders own 6.00% of the company's stock.

Institutional Trading of Oxford Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. increased its position in Oxford Industries by 5.9% during the 1st 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 in the last quarter. Advisors Asset Management Inc. increased 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 purchasing an additional 241 shares in the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of Oxford Industries by 3.4% in the first quarter. Illinois Municipal Retirement Fund now owns 8,036 shares of the textile maker's stock valued at $471,000 after purchasing an additional 267 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Oxford Industries by 3.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker's stock valued at $664,000 after buying an additional 280 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in Oxford Industries by 3.0% in the 2nd quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker's stock valued at $399,000 after buying an additional 286 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.