Oxford Industries (OXM) AI Stock Analysis

• Market Cap: $785.83M
• Dividend Yield: 4.97%
• Average Volume (3M): 424.10K
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.66
• Revenue Growth: -3.49%
• EPS Growth: 52.67%
• Country: US
• Employees: 6,000
• Sector: Consumer Cyclical
• Sector Strength: 76
• Industry: Apparel - Manufacturers
• EPS (TTM): 1.37
• Shares Outstanding: 14,874,764
• 10 Day Avg. Volume: 373,025
• 30 Day Avg. Volume: 424,095
• PEG Ratio: -1.24
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.91
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $59.00
• Price Target Upside: 11.68% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 47 Neutral
• Price Target: $53.00 ▲( 0.32% Upside)

Oxford Industries faces significant financial and operational challenges, reflected in its low financial performance score. The company's mixed technical indicators and cautious earnings outlook further weigh on its overall score. However, its valuation metrics suggest potential undervaluation, providing some upside. Investors should be cautious, considering the high financial leverage and operational uncertainties.

Oxford Industries Business Overview & Revenue Model

Company Description

Oxford Industries, Inc., an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel and swimwear under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women and youth products under the Southern Tide brand. It also designs, sources, markets, and distributes premium childrenswear, including bonnets, hats, apparel, swimwear, and accessories through thebeaufortbonnetcompany.com and wholesale specialty retailers; men's apparel, which include pants, shorts, and tops through duckhead.com and wholesale specialty retailers. In addition, the company licenses Tommy Bahama brand for various products, such as indoor and outdoor furniture, beach chairs, bedding and bath linens, fabrics, leather goods and gifts, headwear, hosiery, sleepwear, shampoo, toiletries, fragrances, cigar accessories, distilled spirits, and other products; Lilly Pulitzer for stationery and gift products, home furnishing products, and eyewear; and Southern Tide trademark for bed and bath product. Oxford Industries, Inc. offers products through its retail stores, department stores, specialty stores, multi-branded e-commerce retailers, off-price retailers, and other retailers, as well as e-commerce sites. As of January 29, 2022, it operated 186 brand-specific full-price retail stores; 21 Tommy Bahama food and beverage locations; and 35 Tommy Bahama outlet stores. Oxford Industries, Inc. was founded in 1942 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

Oxford Industries generates revenue through the design, sourcing, marketing, and distribution of branded apparel and related products. The company operates retail stores, e-commerce platforms, and wholesale distribution channels to sell its products. Key revenue streams include direct-to-consumer sales via its branded retail stores and e-commerce websites, as well as wholesale sales to department stores and specialty retailers. Oxford Industries also benefits from licensing agreements and partnerships that expand their brand presence and product offerings. Seasonal fashion collections and brand-specific promotions further drive sales, along with strategic geographic expansion and a focus on enhancing customer experience both online and in-store.

Oxford Industries Financial Statement Overview

Summary

Oxford Industries has demonstrated commendable revenue growth and maintains a solid equity base. However, the company faces challenges in maintaining consistent profitability and managing increasing leverage. There is a need to enhance operational efficiency and sustain free cash flow levels to support future growth.

Income Statement

Oxford Industries demonstrated a stable revenue growth trajectory over the years. The TTM shows a slight decline in revenue compared to the previous annual report, but overall, there has been significant revenue growth from 2020 to 2023. Gross profit margins remained robust, although EBIT and EBITDA margins showed some volatility, indicating potential cost management issues. The net profit margin in TTM is notably lower, suggesting challenges in maintaining profitability.

Balance Sheet

The company's balance sheet reflects a balanced approach with total assets consistently growing. The debt-to-equity ratio increased in the TTM, indicating a higher reliance on debt financing, which could pose a risk if not managed properly. The equity ratio remains healthy, showing a strong equity base. Return on equity has shown fluctuations, with TTM reflecting weaker returns, emphasizing the need for improved profitability.

Cash Flow

Oxford Industries displayed strong operating cash flows, although there was a noticeable decline in free cash flow in the TTM. The operating cash flow to net income ratio is solid, suggesting efficient cash management. However, the free cash flow to net income ratio declined in TTM, indicating potential issues in sustaining free cash flow levels compared to net income.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
1.53B	1.57B	1.41B	1.14B	748.83M	1.12B
	Gross Profit
957.50M	995.59M	888.86M	706.22M	415.21M	644.97M
	EBIT
120.33M	80.98M	218.77M	165.50M	-63.40M	93.67M
	EBITDA
85.15M	145.05M	266.38M	205.44M	-83.76M	136.30M
	Net Income Common Stockholders
15.01M	60.70M	165.74M	131.32M	-95.69M	68.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.38M	7.60M	8.83M	209.75M	66.01M	52.46M
	Total Assets
474.47M	1.10B	1.19B	957.64M	865.63M	1.03B
	Total Debt
167.82M	337.58M	413.58M	260.76M	300.85M	342.08M
	Net Debt
163.45M	329.98M	404.76M	215.90M	234.84M	289.62M
	Total Liabilities
346.78M	536.93M	632.39M	449.98M	459.91M	504.77M
	Stockholders Equity
127.69M	560.91M	556.27M	507.66M	405.73M	528.60M
Cash Flow		Free Cash Flow
66.56M	170.19M	78.94M	166.11M	54.93M	84.50M
	Operating Cash Flow
178.41M	244.28M	125.61M	198.01M	83.85M	121.93M
	Investing Cash Flow
-122.13M	-83.98M	-151.75M	-181.57M	-34.65M	-37.42M
	Financing Cash Flow
-57.04M	-161.17M	-11.53M	-38.17M	-35.85M	-41.30M

Oxford Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 52.83
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OXM, the sentiment is Negative. The current price of 52.83 is below the 20-day moving average (MA) of 53.68, below the 50-day MA of 53.84, and below the 200-day MA of 71.51, indicating a bearish trend. The MACD of 0.59 indicates Positive momentum. The RSI at 47.00 is Neutral, neither overbought nor oversold. The STOCH value of 12.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OXM.

Oxford Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PVH	76 Outperform	$3.93B	7.77	11.67%	0.18%	-6.13%	-2.63%
RL	76 Outperform	$17.13B	23.89	29.49%	1.19%	5.23%	24.63%
GIII	72 Outperform	$1.19B	6.43	11.99%	―	2.66%	14.16%
ZGN	66 Neutral	$3.46B	25.58	8.89%	1.52%	2.26%	-37.52%
Sector *	62 Neutral	$6.84B	11.22	2.83%	3.93%	2.65%	-21.93%
VFC	53 Neutral	$5.62B	―	-2.39%	2.96%	-8.42%	57.91%
OXM	47 Neutral	$785.83M	8.99	15.71%	4.97%	-3.49%	52.67%

Oxford Industries Corporate Events

Oxford Industries Shifts Sourcing Amid New U.S. Tariffs

In response to newly announced U.S. tariffs on imported goods, Oxford Industries is actively diversifying its sourcing strategy to mitigate potential impacts. The company plans to reduce its reliance on Chinese producers, aiming for less than 35% of sourcing from China by fiscal 2025 and less than 10% by fiscal 2026, while increasing sourcing from countries like Cambodia, India, and Vietnam. This strategic shift is expected to help the company manage the uncertain economic environment, although the full effects of the tariffs and diversification efforts remain uncertain.