Oxford Industries, Inc. (NYSE:OXM - Get Free Report) shares hit a new 52-week low during trading on Friday . The stock traded as low as $36.00 and last traded at $35.97, with a volume of 275935 shares traded. The stock had previously closed at $38.94.
Wall Street Analysts Forecast Growth
Several research analysts have commented on OXM shares. Zacks Research downgraded Oxford Industries from a "hold" rating to a "strong sell" rating in a report on Friday, September 12th. UBS Group cut their target price on Oxford Industries from $48.00 to $46.00 and set a "neutral" rating on the stock in a report on Wednesday, August 27th. Citigroup cut their target price on Oxford Industries from $47.00 to $44.00 and set a "sell" rating on the stock in a report on Thursday, June 12th. Truist Financial lifted their target price on Oxford Industries from $47.00 to $50.00 and gave the stock a "hold" rating in a report on Thursday, September 11th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Oxford Industries in a report on Wednesday. Four research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Reduce" and an average target price of $54.40.
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Oxford Industries Price Performance
The company has a market capitalization of $532.24 million, a price-to-earnings ratio of 9.67 and a beta of 1.29. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 1.18. The business has a 50 day moving average price of $42.74 and a 200-day moving average price of $46.89.
Oxford Industries (NYSE:OXM - Get Free Report) last issued its earnings results on Wednesday, September 10th. The textile maker reported $1.26 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.05. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The business had revenue of $403.10 million during the quarter, compared to analyst estimates of $406.14 million. During the same period in the previous year, the company posted $2.77 EPS. The firm's revenue was down 4.0% compared to the same quarter last year. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050--0.85 EPS. Research analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.
Oxford Industries Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be paid a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend is Friday, October 17th. Oxford Industries's dividend payout ratio is 74.59%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. Texas Permanent School Fund Corp raised its stake in Oxford Industries by 16.0% during the 2nd quarter. Texas Permanent School Fund Corp now owns 13,804 shares of the textile maker's stock worth $556,000 after buying an additional 1,900 shares during the period. Public Sector Pension Investment Board raised its stake in Oxford Industries by 1.8% during the 2nd quarter. Public Sector Pension Investment Board now owns 47,679 shares of the textile maker's stock worth $1,919,000 after buying an additional 854 shares during the period. FORA Capital LLC acquired a new position in Oxford Industries during the 2nd quarter worth approximately $294,000. Tower Research Capital LLC TRC increased its holdings in Oxford Industries by 127.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker's stock worth $73,000 after purchasing an additional 1,014 shares in the last quarter. Finally, State of Tennessee Department of Treasury increased its holdings in Oxford Industries by 88.5% during the 2nd quarter. State of Tennessee Department of Treasury now owns 6,856 shares of the textile maker's stock worth $276,000 after purchasing an additional 3,218 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.
Oxford Industries Company Profile
(
Get Free Report)
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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