Oxford Industries (NYSE:OXM) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Oxford Industries (NYSE:OXM) from a hold rating to a sell rating in a report published on Saturday morning.

OXM has been the subject of several other reports. Citigroup dropped their price target on Oxford Industries from $35.00 to $33.00 and set a “neutral” rating for the company in a report on Friday, December 12th. Telsey Advisory Group lowered their price objective 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. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, December 11th. UBS Group decreased their price target on shares of Oxford Industries from $47.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, December 11th. Finally, Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, December 12th. Five investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $43.60.

Oxford Industries Price Performance

NYSE:OXM opened at $36.37 on Friday. The stock has a market capitalization of $541.16 million, a PE ratio of -110.20 and a beta of 1.11. Oxford Industries has a 1-year low of $30.57 and a 1-year high of $89.86. The firm has a fifty day simple moving average of $37.24 and a 200 day simple moving average of $41.14. The company has a current ratio of 1.33, a quick ratio of 0.62 and a debt-to-equity ratio of 0.27.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) EPS for the quarter, beating the consensus estimate of ($0.95) by $0.03. The firm had revenue of $307.34 million for the quarter, compared to the consensus estimate of $304.42 million. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. The company’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.11) earnings per share. 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. On average, research analysts expect that Oxford Industries will post 6.62 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The firm 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 dividend of $0.69 per share. The ex-dividend date is Friday, January 16th. This represents a $2.76 annualized dividend and a yield of 7.6%. Oxford Industries’s dividend payout ratio is presently -836.36%.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were 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 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 6.00% of the company’s stock.

Institutional Investors Weigh In On Oxford Industries

Hedge funds have recently modified their holdings of the company. Hantz Financial Services Inc. grew its position in Oxford Industries by 245.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock worth $27,000 after acquiring an additional 477 shares during the last quarter. CWM LLC boosted its stake in shares of Oxford Industries by 61.5% during the third quarter. CWM LLC now owns 801 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 305 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Oxford Industries during the second quarter worth about $34,000. Quarry LP bought a new stake in shares of Oxford Industries during the third quarter worth about $38,000. Finally, Blue Trust Inc. increased its stake in shares of Oxford Industries by 124.8% in the second quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker’s stock valued at $58,000 after buying an additional 804 shares during the period. Institutional investors and hedge funds own 91.16% of the company’s stock.

About Oxford Industries

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.