Zacks Research Upgrades Oxford Industries (NYSE:OXM) to Hold

Oxford Industries (NYSE:OXM) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

OXM has been the subject of several other research reports. UBS Group lowered their target price on shares of Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, August 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, October 8th. Truist Financial increased 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, Telsey Advisory Group restated a “market perform” rating and issued a $52.00 target price on shares of Oxford Industries in a research note on Thursday, September 11th. Five investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Oxford Industries has a consensus rating of “Reduce” and an average price target of $54.40.

Oxford Industries Stock Performance

Shares of OXM opened at $36.17 on Monday. The firm has a market capitalization of $537.74 million, a P/E ratio of 9.78 and a beta of 1.30. Oxford Industries has a 52 week low of $35.34 and a 52 week high of $89.86. The stock has a 50 day moving average price of $40.32 and a two-hundred day moving average price of $44.41. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 1.18.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) 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 business had revenue of $403.10 million during the quarter, compared to the consensus estimate of $406.14 million. During the same quarter in the prior year, the company posted $2.77 earnings per share. Oxford Industries’s revenue 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. Equities analysts forecast that Oxford Industries will post 6.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Oxford Industries

Several institutional investors and hedge funds have recently bought and sold shares of the company. Hantz Financial Services Inc. increased its position in Oxford Industries by 245.9% in the third quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock worth $27,000 after buying an additional 477 shares during the last quarter. CWM LLC lifted its position in shares of Oxford Industries by 61.5% during the 3rd quarter. CWM LLC now owns 801 shares of the textile maker’s stock valued at $32,000 after buying an additional 305 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Oxford Industries during the 2nd quarter valued at $34,000. Blue Trust Inc. grew its stake in shares of Oxford Industries by 124.8% during the 2nd quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker’s stock worth $58,000 after acquiring an additional 804 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in Oxford Industries by 44.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker’s stock worth $61,000 after acquiring an additional 466 shares during the last quarter. 91.16% of the stock is owned by 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.