Oxford Industries (NYSE:OXM – Get Free Report) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $1.70-1.90 for the period, compared to the consensus EPS estimate of $2.78. The company issued revenue guidance of $375-395 million, compared to the consensus revenue estimate of $401.17 million. Oxford Industries also updated its FY26 guidance to $4.60-5.00 EPS.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on OXM shares. UBS Group decreased their target price on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday, December 12th. KeyCorp dropped their target price on Oxford Industries from $95.00 to $80.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 18th. Finally, Telsey Advisory Group reduced their price target on shares of Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a research report on Monday.
Read Our Latest Stock Analysis on Oxford Industries
Oxford Industries Stock Performance
Oxford Industries (NYSE:OXM – Get Free Report) last issued its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.09. The business had revenue of $390.51 million for the quarter, compared to the consensus estimate of $383.94 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.90 earnings per share. Research analysts anticipate that Oxford Industries will post 6.62 earnings per share for the current fiscal year.
Insider Activity
In related news, SVP Tracey Hernandez sold 1,250 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total value of $108,650.00. Following the transaction, the senior vice president now directly owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 5.70% of the company’s stock.
About Oxford Industries
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; and 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.
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