Oxford Industries' (OXM) Market Perform Rating Reaffirmed at Telsey Advisory Group

Key Points

• Telsey Advisory Group has reaffirmed a "market perform" rating for Oxford Industries (OXM) with a price target of $52.00, indicating a potential upside of 21.62% from the current stock price.
• Oxford Industries reported $1.82 EPS for the last quarter, matching consensus estimates, though revenue declined by 1.3% year-over-year to $392.86 million.
• Insider transactions include CEO Thomas Caldecot Chubb III purchasing 6,500 shares at $40.12 each, representing a significant increase in his stake in the company.

Oxford Industries (NYSE:OXM - Get Free Report)'s stock had its "market perform" rating reaffirmed by research analysts at Telsey Advisory Group in a research report issued on Friday,Benzinga reports. They presently have a $52.00 price target on the textile maker's stock. Telsey Advisory Group's price objective indicates a potential upside of 21.62% from the stock's current price.

A number of other equities research analysts have also commented on OXM. Citigroup lowered their price target on shares of Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a report on Thursday, June 12th. Zacks Research raised shares of Oxford Industries to a "hold" rating in a research report on Monday, August 11th. 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. Finally, 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. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $53.80.

Oxford Industries Trading Up 1.3%

NYSE:OXM opened at $42.76 on Friday. The company has a fifty day moving average of $43.13 and a 200 day moving average of $50.43. Oxford Industries has a 52 week low of $36.25 and a 52 week high of $89.86. The company has a quick ratio of 0.64, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $638.77 million, a P/E ratio of 8.30 and a beta of 1.36.

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

Insider Transactions at Oxford Industries

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

Institutional Trading of Oxford Industries

Several institutional investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in Oxford Industries by 9.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 674,889 shares of the textile maker's stock valued at $39,596,000 after purchasing an additional 56,235 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Oxford Industries by 4.9% during the 4th quarter. Wellington Management Group LLP now owns 580,580 shares of the textile maker's stock valued at $45,738,000 after acquiring an additional 27,198 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Oxford Industries by 6.2% during the 2nd quarter. American Century Companies Inc. now owns 561,236 shares of the textile maker's stock valued at $22,590,000 after acquiring an additional 32,693 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Oxford Industries by 3.3% during 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 acquiring an additional 14,103 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Oxford Industries by 63.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker's stock valued at $17,681,000 after acquiring an additional 170,208 shares during the last quarter. 91.16% of the stock is owned by hedge funds and other 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.

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