Oshkosh Corp. (NYSE:OSK) was downgraded by stock analysts at ISI Group to a “neutral” rating in a report issued on Thursday, StockRatingsNetwork.com reports.
Oshkosh Corp. (NYSE:OSK) opened at 48.93 on Thursday. Oshkosh Corp. has a 52-week low of $26.76 and a 52-week high of $53.70. The stock’s 50-day moving average is $50.13 and its 200-day moving average is $43.. The company has a price-to-earnings ratio of 13.38.
Oshkosh Corp. (NYSE:OSK) last released its earnings data on Thursday, October 31st. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.01. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was down 15.8% on a year-over-year basis. On average, analysts predict that Oshkosh Corp. will post $3.40 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 2nd. Investors of record on Monday, November 18th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Thursday, November 14th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse raised their price target on shares of Oshkosh Corp. from $42.00 to $48.00 in a research note to investors on Friday, November 1st. They now have a “neutral” rating on the stock. Separately, analysts at Zacks upgraded shares of Oshkosh Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 29th. They now have a $56.60 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Oshkosh Corp. from $51.00 to $59.00 in a research note to investors on Tuesday, October 8th. They now have an “outperform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $51.62.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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