Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Oxford Industries Inc. (NYSE: OXM) improved during the last several trading days. OXM’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/12/24, Oxford Industries Inc. (NYSE: OXM) stock declined by -3.7%, closing at $105.05. Moreover, above average trading volume at 138% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
OXM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Oxford Industries has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Oxford Industries has a neutral Power Rating of 46 and a neutral Appreciation Score of 44, leading to the Low Neutral Value Trend Rating.
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