Telsey Advisory Group Reaffirms “Market Perform” Rating for Oxford Industries (NYSE:OXM)

Oxford Industries (NYSE:OXM)‘s stock had its “market perform” rating reiterated by research analysts at Telsey Advisory Group in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $52.00 target price on the textile maker’s stock. Telsey Advisory Group’s price objective would indicate a potential upside of 30.99% from the company’s current price.

OXM has been the topic of several other research reports. Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, October 8th. UBS Group dropped 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 raised Oxford Industries from a “sell” rating to a “neutral” rating and decreased their price target for the stock from $44.00 to $35.00 in a report on Tuesday, November 25th. Truist Financial boosted their price objective on shares of Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, September 11th. Finally, Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. Six investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $52.60.

Oxford Industries Stock Down 2.7%

OXM stock opened at $39.70 on Friday. The company has a market cap of $590.29 million, a price-to-earnings ratio of 10.73 and a beta of 1.11. The company has a fifty day moving average price of $37.74 and a 200 day moving average price of $42.51. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.18 and a quick ratio of 0.51. Oxford Industries has a 12 month low of $31.47 and a 12 month high of $89.86.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings data 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 net margin of 3.80% and a return on equity of 10.99%. The company had revenue of $403.10 million for the quarter, compared to analyst estimates of $406.14 million. During the same period in the previous year, the business posted $2.77 earnings per share. Oxford Industries’s quarterly 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 and its Q3 2025 guidance at -1.050–0.85 EPS. Sell-side analysts expect that Oxford Industries will post 6.62 earnings per share for the current year.

Hedge Funds Weigh In On Oxford Industries

Several hedge funds and other institutional investors have recently bought and sold shares of OXM. CIBC Bancorp USA Inc. acquired a new stake in Oxford Industries in the third quarter valued at $305,000. WBI Investments LLC acquired a new stake in Oxford Industries in the 3rd quarter valued at about $394,000. PharVision Advisers LLC purchased a new position in Oxford Industries during the 3rd quarter valued at about $216,000. Polymer Capital Management US LLC raised its position in Oxford Industries by 15.3% during the third quarter. Polymer Capital Management US LLC now owns 21,530 shares of the textile maker’s stock worth $873,000 after acquiring an additional 2,855 shares during the last quarter. Finally, Quarry LP purchased a new stake in shares of Oxford Industries in the third quarter valued at about $38,000. 91.16% of the stock is owned by institutional investors and hedge funds.

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.