Oxford Industries (NYSE:OXM) Rating Lowered to Strong Sell at Zacks Research

Oxford Industries (NYSE:OXM) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday, Zacks reports.

A number of other analysts have also issued reports on the stock. Citigroup dropped their price target on shares of Oxford Industries from $36.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, September 4th. BTIG Research reiterated a “neutral” rating on shares of Oxford Industries in a research note on Friday, September 4th. Truist Financial decreased their price objective on shares of Oxford Industries from $40.00 to $33.00 and set a “hold” rating for the company in a report on Friday, September 4th. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, June 11th. Finally, Telsey Advisory Group cut their target price on shares of Oxford Industries from $44.00 to $35.00 and set a “market perform” rating on the stock in a research note on Friday, September 4th. Six research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $35.25.

Oxford Industries Price Performance

Shares of NYSE OXM opened at $30.70 on Tuesday. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. Oxford Industries has a fifty-two week low of $28.20 and a fifty-two week high of $51.61. The business has a 50 day moving average price of $37.06 and a two-hundred day moving average price of $39.00. The firm has a market cap of $459.87 million, a PE ratio of -60.19 and a beta of 1.06.

Oxford Industries (NYSE:OXM) last announced its earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.03. The company had revenue of $394.38 million for the quarter, compared to analyst estimates of $394.55 million. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.Oxford Industries’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 EPS. Oxford Industries has set its Q3 2026 guidance at -1.400–1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. Sell-side analysts expect that Oxford Industries will post 1.77 earnings per share for the current fiscal year.

Insider Activity at Oxford Industries

In other Oxford Industries news, CEO Thomas Chubb, III acquired 3,500 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was acquired at an average price of $30.93 per share, with a total value of $108,255.00. Following the transaction, the chief executive officer directly owned 33,700 shares in the company, valued at approximately $1,042,341. This represents a 11.59% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.50% of the company’s stock.

Institutional Investors Weigh In On Oxford Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP acquired a new position in Oxford Industries in the third quarter valued at approximately $38,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Oxford Industries during the 2nd quarter worth approximately $38,000. BNP Paribas Financial Markets raised its position in shares of Oxford Industries by 44.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker’s stock worth $61,000 after purchasing an additional 466 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Oxford Industries by 127.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker’s stock worth $73,000 after purchasing an additional 1,014 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in shares of Oxford Industries in the 2nd quarter worth approximately $81,000. 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.