Alert: Negative Investment/Fundamental Signals (7/5/24)-Oxford Industries Inc. (NYSE: OXM)

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Recent exceptional negative changes in investment behavior have affected Oxford Industries Inc. (NYSE: OXM): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.

Oxford Industries Inc. (NYSE: OXM) suffers from important negative changes in fundamentals: the consensus estimate for January, 2024 decreased significantly, and the consensus estimate for January, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Oxford Industries has a neutral Appreciation Score of 48 and a neutral Power Rating of 56, producing the Neutral Value Trend Rating.

Recent Price Action

On 7/5/24, Oxford Industries Inc. (NYSE: OXM) stock declined modestly by -1.5%, closing at $97.56. However, unusually low trading volume at 54% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -2.0% during the last week.

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