Alert: New Earnings Report (9/11/24)-Oxford Industries Inc. (NYSE: OXM).

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Oxford Industries Inc. (NYSE: OXM) has reported E.P.S. of $2.59 for its second fiscal quarter (ending July 31) versus $3.31 for the same period a year ago — a decline of -22%. E.P.S. were $1.90 for the latest four quarters through July 31 versus $10.36 for the same period a year ago — a decline of -82%.

Recent Price Action

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Oxford Industries Inc. (NYSE: OXM) stock closed at $83.66 on 9/11/24 after a modest gain of 0.3%. Moreover, trading volume in this advance was exceptionally high at 349% of normal. The stock has declined -4.2% during the last week and has been weak relative to the market over the last nine months.

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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Oxford Industries has a neutral Appreciation Score of 59 and a slightly negative Power Rating of 30, with the Low Neutral Value Trend Rating the result.

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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