For its first fiscal quarter (ending April 30), Oxford Industries Inc. (NYSE: OXM) has reported a -34% decline in E.P.S. from $3.75 a year ago to $2.46 in the current quarter. This performance was $-0.23 short of the consensus estimate of $2.69. E.P.S. were $2.61 for the latest four quarters through April 30 versus $10.61 for the same period a year ago — a decline of -75%.
Recent Price Action
On 6/12/24, Oxford Industries Inc. (NYSE: OXM) stock declined slightly by -1.0%, closing at $101.02. Moreover, trading volume in this decline was exceptionally high at 296% of normal. Relative to the market the stock has been strong over the last nine months but has declined -4.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, OXM is expected to continue to be a major Value Builder.
Oxford Industries has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Oxford Industries has a neutral Appreciation Score of 46 and a slightly positive Power Rating of 65, leading to 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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