Analysts Set Oshkosh Corporation (NYSE:OSK) Price Target at $149.44

Oshkosh Corporation (NYSE:OSK) has earned an average rating of “Moderate Buy” from the nineteen ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $151.3125.

Several brokerages recently weighed in on OSK. Sanford C. Bernstein increased their price target on Oshkosh from $132.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, December 19th. JPMorgan Chase & Co. raised their target price on shares of Oshkosh from $132.00 to $145.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Morgan Stanley lifted their target price on shares of Oshkosh from $136.00 to $147.00 and gave the company an “equal weight” rating in a report on Wednesday, December 10th. Barclays initiated coverage on shares of Oshkosh in a research note on Tuesday, November 25th. They set an “overweight” rating and a $150.00 price target on the stock. Finally, KeyCorp restated an “overweight” rating on shares of Oshkosh in a research report on Thursday, December 18th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of OSK. Harbor Capital Advisors Inc. acquired a new stake in Oshkosh in the third quarter valued at $26,000. Blue Trust Inc. increased its holdings in shares of Oshkosh by 471.1% in the 3rd quarter. Blue Trust Inc. now owns 217 shares of the company’s stock valued at $28,000 after purchasing an additional 179 shares in the last quarter. SJS Investment Consulting Inc. lifted its stake in shares of Oshkosh by 3,014.3% in the third quarter. SJS Investment Consulting Inc. now owns 218 shares of the company’s stock valued at $28,000 after purchasing an additional 211 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in shares of Oshkosh in the third quarter valued at about $29,000. Finally, Whittier Trust Co. boosted its holdings in Oshkosh by 69.1% during the second quarter. Whittier Trust Co. now owns 279 shares of the company’s stock worth $32,000 after buying an additional 114 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Stock Performance

Shares of OSK stock opened at $152.33 on Monday. The stock’s 50-day moving average price is $131.39 and its 200 day moving average price is $131.95. The company has a quick ratio of 0.99, a current ratio of 1.98 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $9.63 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 2.05 and a beta of 1.41. Oshkosh has a 52-week low of $76.82 and a 52-week high of $155.71.

Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.12 by $0.08. The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.84 billion. Oshkosh had a return on equity of 16.60% and a net margin of 6.43%.The firm’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period last year, the firm earned $2.93 EPS. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. As a group, equities research analysts forecast that Oshkosh will post 10.96 EPS for the current year.

Oshkosh Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, November 17th. Oshkosh’s dividend payout ratio (DPR) is currently 19.90%.

About Oshkosh

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.