Oxford Industries director McGuirt Milford W acquires $58,700 in shares

Published 03/04/2025, 22:16
Oxford Industries director McGuirt Milford W acquires $58,700 in shares

In a recent transaction, McGuirt Milford W, a director at Oxford Industries Inc . (NYSE:OXM), acquired 1,000 shares of the company’s common stock. The shares were purchased at a price of $58.70 each, totaling $58,700. Following this transaction, McGuirt’s direct ownership in the company increased to 7,180 shares. The purchase comes as the stock trades near its 52-week low of $53.23, with a current market capitalization of $813 million. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value. This acquisition, documented in a Form 4 filing with the Securities and Exchange Commission, reflects the director’s continued investment in the Atlanta-based apparel firm. The company maintains impressive gross profit margins of 63% and has sustained dividend payments for 55 consecutive years. InvestingPro offers additional insights through its comprehensive Pro Research Report, one of 1,400+ detailed company analyses available to subscribers.

In other recent news, Oxford Industries reported its earnings for the first fiscal quarter of 2025, posting an earnings per share (EPS) of $1.13, which fell short of the forecasted $1.26. However, the company’s revenue slightly exceeded expectations, coming in at $390.51 million compared to the anticipated $383.94 million. Citi analyst Paul Lejuez revised the price target for Oxford Industries to $52.00 from $65.00, maintaining a Sell rating, citing a weak absolute performance despite surpassing consensus estimates. UBS analyst Mauricio Serna also adjusted the price target to $57.00 from $66.00, keeping a Neutral rating due to concerns about the company’s growth prospects and potential headwinds in fiscal year 2025.

KeyBanc Capital Markets downgraded Oxford Industries’ stock from Overweight to Sector Weight, reflecting concerns over anticipated market challenges and margin compression in 2025. The company’s guidance for fiscal year 2025 suggests mixed sales growth prospects, with growth expected in some segments but declines in others. Oxford Industries plans to open 20 new stores, including 4 Marlin bars, and projects net sales between $1,490 million and $1,530 million for fiscal 2025. Tariffs and increased expenses related to new store openings are expected to impact financials by $9-$10 million, with mitigation efforts planned by spring 2026.

Despite the challenges, Oxford Industries remains focused on long-term shareholder value and strategic investments. The company is navigating a difficult landscape with broader economic factors, including consumer uncertainty and tariffs, contributing to its cautious earnings guidance. Analysts have expressed the need for signs of market stabilization before adopting a more optimistic outlook on the company’s performance.

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