Oxford Industries (NYSE:OXM) Updates FY25 Earnings Guidance

Oxford Industries (NYSE:OXM) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $9.30-9.70 for the period, compared to the consensus earnings per share 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 Trading Down 0.1 %

OXM traded down $0.07 during trading on Thursday, hitting $112.40. 304,800 shares of the stock traded hands, compared to its average volume of 174,206. The firm has a market capitalization of $1.76 billion, a P/E ratio of 11.78 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 firm has a 50-day moving average of $101.06 and a 200 day moving average of $96.53. Oxford Industries has a 12-month low of $82.33 and a 12-month high of $113.88.

Analysts Set New Price Targets

Several research firms have recently commented on OXM. 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 report on Tuesday, March 19th. Telsey Advisory Group reaffirmed a market perform rating and issued a $102.00 target price on shares of Oxford Industries in a research report on Monday. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Hold and a consensus target price of $103.20.

Institutional Trading of Oxford Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in Oxford Industries by 6.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,726 shares of the textile maker’s stock valued at $673,000 after purchasing an additional 383 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Oxford Industries by 10.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,307 shares of the textile maker’s stock valued at $331,000 after purchasing an additional 313 shares in the last quarter. Barclays PLC increased its stake in Oxford Industries by 154.5% during the 4th quarter. Barclays PLC now owns 28,865 shares of the textile maker’s stock valued at $2,888,000 after purchasing an additional 17,523 shares in the last quarter. Nuveen Asset Management LLC increased its stake in Oxford Industries by 3.6% during the 4th quarter. Nuveen Asset Management LLC now owns 42,108 shares of the textile maker’s stock valued at $4,211,000 after purchasing an additional 1,451 shares in the last quarter. Finally, Oberweis Asset Management Inc. grew its stake in shares of Oxford Industries by 4.3% in the fourth quarter. Oberweis Asset Management Inc. now owns 31,500 shares of the textile maker’s stock worth $3,150,000 after acquiring an additional 1,300 shares during the period. 91.16% of the stock is currently 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.