Oxford Industries (NYSE:OXM) Stock Price Up 8.9% – Time to Buy?

Shares of Oxford Industries, Inc. (NYSE:OXM) were up 8.9% during mid-day trading on Thursday . The company traded as high as $40.24 and last traded at $40.1650. Approximately 152,693 shares traded hands during trading, a decline of 54% from the average daily volume of 333,319 shares. The stock had previously closed at $36.89.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on OXM shares. Zacks Research downgraded Oxford Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, December 12th. Telsey Advisory Group lowered their target price on Oxford Industries from $52.00 to $35.00 and set a “market perform” rating on the stock in a research report on Thursday, December 11th. UBS Group lifted their price target on shares of Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday. Truist Financial decreased their price target on shares of Oxford Industries from $50.00 to $35.00 and set a “hold” rating for the company in a research note on Thursday, December 11th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, December 11th. Five equities research 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, the company currently has a consensus rating of “Reduce” and a consensus target price of $43.80.

Oxford Industries Price Performance

The company has a market capitalization of $587.02 million, a P/E ratio of -119.57 and a beta of 1.08. The business’s 50-day moving average is $36.37 and its two-hundred day moving average is $40.06. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 0.27.

Oxford Industries (NYSE:OXM) last announced its earnings results on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.95) by $0.03. The firm had revenue of $307.34 million during the quarter, compared to analyst estimates of $304.42 million. Oxford Industries had a positive return on equity of 9.35% and a negative net margin of 0.20%.The business’s revenue was down .2% compared to the same quarter last year. During the same period last year, the firm posted ($0.11) EPS. Oxford Industries has set its FY 2025 guidance at -1.540–1.320 EPS and its Q4 2025 guidance at 0.000-0.200 EPS. As a group, analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Friday, January 16th. Oxford Industries’s payout ratio is presently -836.36%.

Insider Buying and Selling at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was bought at an average price of $35.12 per share, for a total transaction of $175,600.00. Following the purchase, the chief executive officer directly owned 22,709 shares in the company, valued at approximately $797,540.08. This trade represents a 28.23% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 6.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Oxford Industries

Several institutional investors and hedge funds have recently bought and sold shares of the company. Advisors Asset Management Inc. raised its stake in shares of Oxford Industries by 30.6% in the first quarter. Advisors Asset Management Inc. now owns 3,928 shares of the textile maker’s stock valued at $230,000 after buying an additional 920 shares during the period. AQR Capital Management LLC grew its stake in Oxford Industries by 33.9% in the 1st quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock valued at $381,000 after buying an additional 1,643 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Oxford Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock valued at $517,000 after acquiring an additional 387 shares during the period. Millennium Management LLC raised its holdings in Oxford Industries by 311.9% during the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock valued at $17,213,000 after acquiring an additional 222,150 shares during the period. Finally, Petrus Trust Company LTA purchased a new stake in shares of Oxford Industries during the first quarter worth $226,000. 91.16% of the stock is owned by institutional investors.

Oxford Industries Company Profile

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.