Oxford Industries (NYSE:OXM) Issues FY25 Earnings Guidance

Oxford Industries (NYSE:OXM) issued an update on its FY25 earnings guidance on Thursday morning. The company provided EPS guidance of $9.30-9.70 for the period, compared to the consensus EPS estimate of $10.26. The company issued revenue guidance of $1.63-1.67 billion, compared to the consensus revenue estimate of $1.62 billion. Oxford Industries also updated its Q1 guidance to $2.60-2.80 EPS.

Oxford Industries Stock Performance

NYSE:OXM traded down $0.07 during mid-day trading on Thursday, hitting $112.40. The stock had a trading volume of 298,591 shares, compared to its average volume of 172,740. Oxford Industries has a twelve month low of $82.33 and a twelve month high of $113.88. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 11.78 and a beta of 1.59. The company’s 50 day simple moving average is $101.06 and its 200 day simple moving average is $96.53. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.63 and a current ratio of 1.37.

Analyst Upgrades and Downgrades

OXM has been the subject of several recent analyst reports. Telsey Advisory Group reiterated a market perform rating and issued a $102.00 target price on shares of Oxford Industries in a research note on Monday. UBS Group raised their price objective on shares of Oxford Industries from $105.00 to $106.00 and gave the stock a neutral rating in a research report on Tuesday, March 19th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Oxford Industries currently has an average rating of Hold and an average price target of $103.20.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV increased its holdings in shares of Oxford Industries by 2.9% during the first quarter. Mercer Global Advisors Inc. ADV now owns 3,702 shares of the textile maker’s stock worth $391,000 after purchasing an additional 105 shares during the period. Comerica Bank increased its stake in Oxford Industries by 0.5% in the fourth quarter. Comerica Bank now owns 22,843 shares of the textile maker’s stock valued at $2,284,000 after acquiring an additional 115 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Oxford Industries by 2.5% in the second quarter. The Manufacturers Life Insurance Company now owns 6,108 shares of the textile maker’s stock valued at $601,000 after acquiring an additional 149 shares during the last quarter. Captrust Financial Advisors increased its stake in Oxford Industries by 8.1% in the second quarter. Captrust Financial Advisors now owns 2,221 shares of the textile maker’s stock valued at $197,000 after acquiring an additional 166 shares during the last quarter. Finally, First Republic Investment Management Inc. increased its stake in Oxford Industries by 5.5% in the first quarter. First Republic Investment Management Inc. now owns 3,205 shares of the textile maker’s stock valued at $338,000 after acquiring an additional 166 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; 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; and men, women, and kids products under the Southern Tide brand.