Oshkosh Corporation (NYSE:OSK) Receives Consensus Rating of “Moderate Buy” from Analysts

Oshkosh Corporation (NYSE:OSKGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $165.3750.

OSK has been the topic of several recent research reports. UBS Group lifted their price objective on shares of Oshkosh from $167.00 to $197.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Wells Fargo & Company lifted their target price on shares of Oshkosh from $168.00 to $204.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. Morgan Stanley dropped their target price on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Raymond James Financial reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Oshkosh in a research report on Monday, March 2nd. Finally, Zacks Research raised shares of Oshkosh from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th.

Read Our Latest Stock Report on Oshkosh

Oshkosh Stock Performance

Shares of OSK opened at $136.75 on Thursday. The firm’s 50 day moving average is $139.23 and its 200-day moving average is $144.83. The stock has a market capitalization of $8.53 billion, a P/E ratio of 15.23, a P/E/G ratio of 0.66 and a beta of 1.26. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.83. Oshkosh has a 12-month low of $106.37 and a 12-month high of $180.49.

Oshkosh (NYSE:OSKGet Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.19). The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.29 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Equities research analysts anticipate that Oshkosh will post 11 EPS for the current fiscal year.

Oshkosh Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were paid a $0.57 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.7%. Oshkosh’s payout ratio is 25.39%.

Insider Transactions at Oshkosh

In other Oshkosh news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $133.86, for a total value of $67,599.30. Following the completion of the sale, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. The trade was a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is owned by company insiders.

Institutional Trading of Oshkosh

A number of institutional investors have recently added to or reduced their stakes in the business. Murphy Middleton Hinkle & Parker Inc. bought a new stake in Oshkosh in the 4th quarter valued at $4,183,000. Jupiter Asset Management Ltd. bought a new stake in Oshkosh in the 3rd quarter valued at $3,146,000. JPMorgan Chase & Co. increased its holdings in Oshkosh by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 175,693 shares of the company’s stock valued at $22,789,000 after buying an additional 7,339 shares during the period. Thrivent Financial for Lutherans increased its holdings in Oshkosh by 1,945.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company’s stock valued at $53,468,000 after buying an additional 404,788 shares during the period. Finally, ING Groep NV bought a new stake in Oshkosh in the 3rd quarter valued at $5,772,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Company Profile

(Get Free Report)

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.

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Analyst Recommendations for Oshkosh (NYSE:OSK)

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