Oxford Industries (NYSE:OXM) Hits New 12-Month Low - Time to Sell?

Key Points

• Oxford Industries' stock reached a new 52-week low at $35, with a last traded price of $37.52 and a trading volume of 3,050 shares.
• The company reported earnings per share of $1.26 for the last quarter, exceeding expectations, but revenue dropped by 4% year-over-year.
• Analysts have mixed ratings for Oxford Industries, with target prices ranging from $46.00 to $54.40, and several firms suggesting a “sell” or “neutral” stance.

Shares of Oxford Industries, Inc. (NYSE:OXM - Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $35.00 and last traded at $37.52, with a volume of 3050 shares. The stock had previously closed at $37.58.

Analyst Upgrades and Downgrades

OXM has been the subject of a number of recent research reports. Telsey Advisory Group restated a "market perform" rating and set a $52.00 target price on shares of Oxford Industries in a research report on Thursday, September 11th. Truist Financial upped their price objective on Oxford Industries from $47.00 to $50.00 and gave the company a "hold" rating in a report on Thursday, September 11th. UBS Group decreased their target price on Oxford Industries from $48.00 to $46.00 and set a "neutral" rating for the company in a research note on Wednesday, August 27th. Zacks Research cut Oxford Industries from a "hold" rating to a "strong sell" rating in a research note on Friday, September 12th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Oxford Industries in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and an average price target of $54.40.

Oxford Industries Stock Down 0.4%

The company has a debt-to-equity ratio of 0.14, a current ratio of 1.18 and a quick ratio of 0.51. The company has a market capitalization of $556.58 million, a price-to-earnings ratio of 10.08 and a beta of 1.29. The firm has a 50-day moving average price of $42.63 and a two-hundred day moving average price of $46.22.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its quarterly earnings data on Wednesday, September 10th. The textile maker reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.05. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The company had revenue of $403.10 million during the quarter, compared to analysts' expectations of $406.14 million. During the same period in the prior year, the firm earned $2.77 earnings per share. Oxford Industries's revenue for the quarter 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. As a group, sell-side analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share 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. Stockholders of record on Friday, October 17th will be paid a dividend of $0.69 per share. The ex-dividend date is Friday, October 17th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.4%. Oxford Industries's dividend payout ratio (DPR) is 74.59%.

Hedge Funds Weigh In On Oxford Industries

A number of large investors have recently made changes to their positions in OXM. Charles Schwab Investment Management Inc. grew its position in Oxford Industries by 9.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 674,889 shares of the textile maker's stock worth $39,596,000 after buying an additional 56,235 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Oxford Industries by 6.2% in the 2nd quarter. American Century Companies Inc. now owns 561,236 shares of the textile maker's stock valued at $22,590,000 after purchasing an additional 32,693 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Oxford Industries by 3.3% in the 2nd quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker's stock valued at $17,804,000 after purchasing an additional 14,103 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Oxford Industries by 63.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker's stock valued at $17,681,000 after purchasing an additional 170,208 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Oxford Industries by 311.9% in the 1st 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 in the last quarter. Institutional investors own 91.16% of the company's stock.

About Oxford Industries

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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