Oxford Industries (NYSE:OXM – Get Free Report) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.70-1.90 for the period, compared to the consensus 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.
Analyst Ratings Changes
A number of research analysts have recently commented on OXM shares. KeyCorp lowered their target price on Oxford Industries from $95.00 to $80.00 and set an “overweight” rating for the company in a research report on Tuesday, March 18th. Telsey Advisory Group lowered their price objective 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. Finally, UBS Group dropped their price objective 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.
Get Our Latest Stock Analysis on Oxford Industries
Oxford Industries Trading Up 1.5 %
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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.09. The firm had revenue of $390.51 million during the quarter, compared to analyst estimates of $383.94 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. Oxford Industries’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period last year, the company earned $1.90 EPS. Equities research analysts expect that Oxford Industries will post 6.62 EPS for the current year.
Insider Buying and Selling
In other news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction 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 in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.70% of the stock is currently owned by insiders.
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; 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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