Oxford Industries (OXM) shares were down more than 3% in recent Friday trading following its fiscal Q4 results and "weak" guidance in the previous day.
"We think OXM has a decent portfolio of lifestyle brands capable of delivering LT sales and EPS growth," UBS said in a report.
"However, its weak FY25 guidance reinforces our view its fundamentals remain under pressure," it said. UBS cut its price target to $57 from $66 while keeping its neutral rating.
Late Thursday, Oxford reported better-than-expected Q4 results while expecting fiscal year 2025 adjusted EPS of $4.60 to $5.00 on revenue of $1.49 billion to $1.53 billion. Analysts surveyed by FactSet expected $6.81 on $1.54 billion revenue.
Separately, KeyBanc downgraded the stock to sector weight from overweight and removed its $80 price target.
Price: 60.13, Change: -2.42, Percent Change: -3.86
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。