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Oxford Industries, Inc.

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Oxford Industries | OXM | Long at $38.10Oxford Industries NYSE:OXM is an apparel company that designs, sources, markets, and distributes lifestyle brands like Tommy Bahama, Lilly Pulitzer, and Southern Tide. While I am not super bullish on the retail sector given the blaring recession signals, I also don't think this is the end of life as we know it... the anticipated downside is already priced-in for many retail brands. From a technical analysis perspective, NYSE:OXM has entered my "crash" simple moving average zone. Typically, but not always, this is an area where value investors accumulate shares in anticipation of a future rise in share price. While the price is likely to dip near $28-$30 in the near-term, the last open price gap on the daily chart since the COVID-19 pandemic was closed today. Also, last week, an NYSE:OXM Officer and the CEO bought just over $600,000 in shares near $40 and the stock is currently trading at book value. Fundamentals: P/E = 7.4x (apparel sector average = 22.4x) Forward P/E = 11.4x Dividend = 7.25% Debt-to-equity = .2x (healthy) Regardless of some strong fundamentals, persistent macro volatility, consumer caution, and tariff pressures may delay recovery. Analysts expect flat to declining sales in 2025, with limited organic growth. Like I mentioned above, while there is likely short-term pain here, the fundamentals are there to potentially weather the storm. Thus, at $38.10, NYSE:OXM is in a personal buy zone with the further decline between $28-$30 likely (where additional share accumulation will occur as long as the fundamentals do not change). Targets into 2027 $45.00 (+18.0%) $50.00 (+31.2%)
NYSE:OXMLong
by WorthlessViews
Oxford Industries (NYSE: $OXM) Misses Q2 Revenue EstimatesOxford Industries (NYSE: NYSE:OXM ), the parent company of popular lifestyle brands such as Tommy Bahama, faced a rough market reaction after missing Q2 CY2024 earnings expectations. The fashion conglomerate reported flat revenue year-on-year at $419.9 million, falling short of the $438.2 million analyst estimate, marking a 4.2% miss. The lackluster earnings report extended beyond this quarter, with the company offering a bleak outlook for the next quarter and the full year, which led to a substantial drop in stock price. Disappointing Performance and a Bleak Outlook Oxford Industries has been struggling to adapt to changing consumer behavior, with fads quickly spreading through social media and consumers shifting toward omnichannel and e-commerce experiences. The company's Q2 CY2024 performance was underwhelming: - Revenue: $419.9 million, a 4.2% miss from the expected $438.2 million. - EPS (non-GAAP): $2.77 per share, missing analyst expectations of $3.00 by 7.8%. - Full-Year Revenue Guidance: Revised down to $1.53 billion, a 5.3% decrease from the previous guidance of $1.61 billion. - Full-Year EPS Guidance: Forecasted at $7.15 at the midpoint, falling 17.4% short of analyst estimates. - Gross Margin (GAAP): Stable at 63.1% year-on-year. - Free Cash Flow Margin: Declined significantly to 11.2% from 20.3% in the same quarter last year. The company attributed its poor performance to declining consumer sentiment, which reached an eight-month low in July. CEO Tom Chubb highlighted that increased sales at outlet locations and promotional events indicated that more consumers were seeking deals amid an increasingly cautious spending environment. Oxford Industries’ long-term growth prospects have been underwhelming. Over the last five years, the company has posted a weak compounded annual growth rate (CAGR) of 6.8% in sales. Even with a slightly better performance over the last two years, with annualized revenue growth of 10.7%, the company continues to struggle with maintaining consistent growth in an ever-evolving consumer landscape. Technical Outlook The technical picture for Oxford Industries looks grim. The stock dropped by 10.33% during Thursday’s premarket trading session, placing it firmly in oversold territory with an RSI of 28, down from 31. This plunge signals a potential gap-down pattern at market open, reflecting heightened bearish sentiment as investors react to the company’s disappointing guidance and revenue miss. Such a significant premarket decline without preceding market activity suggests heightened volatility ahead, as traders grapple with the company's weak guidance and soft market conditions. This bearish momentum is compounded by the stock’s proximity to critical support levels, increasing the risk of further downside if selling pressure continues. Looking Forward: Can Oxford Industries Turn It Around? Despite the tough quarter, Oxford Industries (NYSE: NYSE:OXM ) is not shying away from its long-term strategies, focusing on product innovation and enhancing customer experiences. However, with consumer discretionary sectors facing rapid changes due to shifting consumer preferences and macroeconomic pressures, the company’s ability to adapt and navigate these challenges remains a critical factor. In the near term, analysts expect Oxford Industries’ sales to grow 6.1% over the next 12 months, slightly improving from this quarter’s results. However, the company must show resilience in adapting to changing market dynamics to regain investor confidence. With the stock currently oversold, short-term traders may find some opportunities, but longer-term investors will be closely watching how the company manages its turnaround strategy amid a challenging economic environment. Bottom Line Oxford Industries' Q2 CY2024 results underscore the headwinds facing apparel and luxury goods companies in today’s fast-paced, trend-driven market. With significant misses on both revenue and profit, and a technical outlook suggesting further volatility, investors should exercise caution. The stock’s steep drop into oversold territory may offer short-term trading opportunities, but the long-term narrative hinges on the company’s ability to adjust its strategy to better align with shifting consumer behaviors and economic realities.
NYSE:OXMShort
by DEXWireNews
Tommy Bahama is Outperforming Everything2022 has been a really difficult year for markets. Just about everything is red. The only outperforming assets are things like oil, which was caused by a general squeeze and supply disruption. Both stocks and crypto have been performing terribly. However, if you look hard enough, you will find some interesting events. One of those is a company called Oxford Industries. It is one of the few stocks that keeps hitting all-time highs. Who are they? They own Tommy Bahama. People just want to relax I guess! Interesting reminder about keeping your eyes out for unique moves happening in all corners.
NYSE:OXM
by scheplick
7
OXM, Cup-and-Handle (bullish)I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 72% TARGET (EXIT) PRICE = 47.05 USD BREAKOUT (ENTRY) PRICE = 45.38 USD DISTANCE TO TARGET PRICE = 6.93% EMERGED ON = Oct 13, 08:00 AM (EDT) CONFIRMED ON = Oct 13, closing price WITH CONFIDENCE LEVEL = 76% Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the upward breakout price/entry point. To identify an exit, compute the target price for the Cup­-and-­Handle pattern by adding the pattern’s height (the difference between the highest high and the bottom of the cup) to the price at the right cup lip. The confirmation move is when the security moves past the breakout price above the right cup lip. To limit potential loss when the price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price. The Cup­-and-­Handle (sometimes called Cup­-and-­Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”­like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. The declining handle potentially forms due to mounting selling pressure created when the security tests its high at the right cup lip. After the sellers give up, the security has the potential to break out to the upside.
NYSE:OXMLong
by AlTorress