Oxford Industries (NYSE:OXM) Stock Rating Upgraded by Zacks Research

Oxford Industries (NYSE:OXM – Get Free Report) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Other equities research analysts have also issued research reports about the stock. Citigroup cut their target price on shares of Oxford Industries from $36.00 to $33.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Weiss Ratings downgraded Oxford Industries from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, October 16th. Telsey Advisory Group lowered their target price on Oxford Industries from $44.00 to $35.00 and set a “market perform” rating for the company in a report on Friday, September 4th. Truist Financial lowered their target price on Oxford Industries from $40.00 to $33.00 and set a “hold” rating for the company in a report on Friday, September 4th. Finally, UBS Group reiterated a “neutral” rating on shares of Oxford Industries in a research report on Wednesday, August 26th. Seven analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $35.25.

Check Out Our Latest Research Report on OXM

Oxford Industries Price Performance

Shares of NYSE OXM opened at $30.52 on Tuesday. The company has a market capitalization of $457.14 million, a price-to-earnings ratio of -59.84 and a beta of 1.11. The business has a 50 day simple moving average of $28.98 and a 200-day simple moving average of $36.64. The company has a current ratio of 1.17, a quick ratio of 0.56 and a debt-to-equity ratio of 0.13. Oxford Industries has a twelve month low of $24.19 and a twelve month high of $49.58.

Oxford Industries (NYSE:OXM – Get Free Report) last issued its earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.03. Oxford Industries had a negative net margin of 0.46% and a positive return on equity of 4.88%. The company had revenue of $394.38 million for the quarter, compared to analysts’ expectations of $394.55 million. During the same period in the prior year, the company earned $1.26 earnings per share. The firm’s revenue was down 2.2% compared to the same quarter last year. Oxford Industries has set its Q3 2026 guidance at -1.400–1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. As a group, equities research analysts expect that Oxford Industries will post 1.77 earnings per share for the current year.

Insider Transactions at Oxford Industries

In other news, CEO Thomas Chubb, III acquired 2,500 shares of the business’s stock in a transaction that occurred on Thursday, September 24th. The shares were purchased at an average cost of $26.15 per share, for a total transaction of $65,375.00. Following the transaction, the chief executive officer directly owned 36,200 shares in the company, valued at $946,630. This trade represents a 7.42% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP K. Grassmyer bought 1,000 shares of Oxford Industries stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of $29.73 per share, with a total value of $29,730.00. Following the completion of the purchase, the executive vice president directly owned 38,636 shares in the company, valued at $1,148,648.28. This trade represents a 2.66% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 7,000 shares of company stock worth $203,360. Corporate insiders own 6.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Penn Capital Management Company LLC raised its holdings in shares of Oxford Industries by 152.5% during the third quarter. Penn Capital Management Company LLC now owns 25,379 shares of the textile maker’s stock valued at $620,000 after buying an additional 15,326 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Oxford Industries during the third quarter worth approximately $323,000. Signaturefd LLC boosted its position in shares of Oxford Industries by 33.1% during the third quarter. Signaturefd LLC now owns 1,957 shares of the textile maker’s stock worth $48,000 after buying an additional 487 shares during the period. Dupree Financial Group LLC grew its holdings in Oxford Industries by 3.2% in the 3rd quarter. Dupree Financial Group LLC now owns 139,719 shares of the textile maker’s stock worth $3,415,000 after buying an additional 4,292 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Oxford Industries by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 96,505 shares of the textile maker’s stock worth $3,365,000 after buying an additional 2,039 shares in the last quarter. Institutional investors own 91.16% of the company’s stock.

About Oxford Industries

(Get Free Report)

Oxford Industries, Inc is an Atlanta-based apparel and lifestyle company that designs, sources, markets and distributes branded clothing, accessories and related products. Its products are sold through company-operated stores, e-commerce websites, wholesale partners and other distribution channels.

The company’s principal lifestyle brands include Tommy Bahama, which offers resort-inspired apparel, accessories, footwear, home furnishings and hospitality experiences; Lilly Pulitzer, known for colorful women’s, men’s and children’s clothing and accessories; and Johnny Was, a premium women’s apparel and lifestyle brand.

Further Reading

Analyst Recommendations for Oxford Industries (NYSE:OXM)

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