Oxford Industries (NYSE:OXM) Given "Market Perform" Rating at Telsey Advisory Group

Oxford Industries (NYSE:OXM - Get Free Report)'s stock had its "market perform" rating reissued by analysts at Telsey Advisory Group in a report released on Thursday,Benzinga reports. They presently have a $52.00 target price on the textile maker's stock. Telsey Advisory Group's price objective points to a potential downside of 5.24% from the company's previous close. Telsey Advisory Group also issued estimates for Oxford Industries' Q1 2027 earnings at $2.01 EPS.

Other equities research analysts also recently issued reports about the company. Truist Financial assumed coverage on Oxford Industries in a report on Wednesday, May 28th. They issued a "hold" rating and a $56.00 price objective for the company. KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a research report on Friday, March 28th. UBS Group decreased their price target on Oxford Industries from $66.00 to $57.00 and set a "neutral" rating for the company in a research note on Friday, March 28th. Finally, Citigroup lowered their target price on Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a report on Monday, April 7th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $58.20.

Oxford Industries Trading Up 0.9%

Shares of OXM traded up $0.47 during mid-day trading on Thursday, reaching $54.87. The company's stock had a trading volume of 320,243 shares, compared to its average volume of 377,455. The company's fifty day moving average price is $52.39 and its two-hundred day moving average price is $67.29. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. Oxford Industries has a 52 week low of $42.12 and a 52 week high of $108.51. The stock has a market cap of $815.69 million, a PE ratio of 61.66 and a beta of 1.45.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.28 by $0.09. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The company had revenue of $390.51 million during the quarter, compared to analyst estimates of $383.94 million. During the same quarter last year, the firm posted $1.90 earnings per share. The firm's revenue was down 3.4% on a year-over-year basis. On average, analysts predict that Oxford Industries will post 6.62 earnings per share for the current fiscal year.

Insider Activity at Oxford Industries

In other news, Director Milford W. Mcguirt bought 1,000 shares of the firm's stock in a transaction on Wednesday, April 2nd. The shares were bought at an average cost of $58.70 per share, for a total transaction of $58,700.00. Following the acquisition, the director now directly owns 7,180 shares of the company's stock, valued at $421,466. This trade represents a 16.18% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 6.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Oxford Industries

Several institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its position in Oxford Industries by 13.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 849,973 shares of the textile maker's stock worth $66,958,000 after acquiring an additional 103,253 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Oxford Industries by 9.1% in 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 in the last quarter. Wellington Management Group LLP grew its position 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 buying an additional 27,198 shares during the last quarter. American Century Companies Inc. grew its position in Oxford Industries by 10.2% in the 1st quarter. American Century Companies Inc. now owns 528,543 shares of the textile maker's stock worth $31,010,000 after purchasing an additional 49,009 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Oxford Industries by 13.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 459,328 shares of the textile maker's stock valued at $36,186,000 after purchasing an additional 54,045 shares during the period. Hedge funds and other 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.