Alert: New Earnings Report (12/6/23)-Oxford Industries Inc. (NYSE: OXM).

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Oxford Industries Inc. (NYSE: OXM) has reported earnings for its third fiscal quarter (ending October 31) of $0.69 versus $1.25 for the same period a year ago — a decline of -45%. For the latest four quarters through October 31, E.P.S. were $9.80 versus $9.89 for the same period a year ago — a decline of -1%.

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Recent Price Action

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Oxford Industries Inc. (NYSE: OXM) stock enjoyed a large increase of 3.9% on 12/6/23. The stock closed at $91.38. Moreover, this advance was accompanied by exceptionally high trading volume at 220% of normal. The stock has declined -2.3% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

OXM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Oxford Industries has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Oxford Industries has a good Appreciation Score of 72 but a slightly negative Power Rating of 34, triggering the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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