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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.