Oxford Industries (NYSE:OXM) Issues Q1 Earnings Guidance

Oxford Industries (NYSE:OXM) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $2.60-2.80 for the period, compared to the consensus EPS estimate of $3.58. The company issued revenue guidance of $395-415 million, compared to the consensus revenue estimate of $419.13 million. Oxford Industries also updated its FY25 guidance to $9.30-9.70 EPS.

Oxford Industries Stock Performance

Shares of OXM stock 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 fifty-two week low of $82.33 and a fifty-two week high of $113.88. The firm has a market cap of $1.76 billion, a PE ratio of 11.84 and a beta of 1.59. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.37 and a quick ratio of 0.63. The company’s 50-day simple moving average is $101.06 and its 200-day simple moving average is $96.53.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Oxford Industries

A number of large investors have recently made changes to their positions in OXM. Steward Partners Investment Advisory LLC purchased a new position in shares of Oxford Industries in the 4th quarter valued at about $25,000. Coppell Advisory Solutions Corp. purchased a new position in Oxford Industries during the 4th quarter valued at about $35,000. Quarry LP increased its holdings in Oxford Industries by 602.0% during the 2nd quarter. Quarry LP now owns 358 shares of the textile maker’s stock valued at $35,000 after acquiring an additional 307 shares in the last quarter. UBS Group AG increased its holdings in Oxford Industries by 51.4% during the 3rd quarter. UBS Group AG now owns 501 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 170 shares in the last quarter. Finally, State of Wyoming increased its holdings in Oxford Industries by 154.2% during the 4th quarter. State of Wyoming now owns 943 shares of the textile maker’s stock valued at $88,000 after acquiring an additional 572 shares in the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

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.