Oshkosh (NYSE:OSK) Stock Rating Upgraded by Wall Street Zen

Oshkosh (NYSE:OSK) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other research analysts have also issued reports on the stock. Zacks Research lowered shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 23rd. Weiss Ratings raised shares of Oshkosh from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Citigroup cut shares of Oshkosh from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $180.00 to $170.00 in a report on Monday, April 13th. Evercore reaffirmed an “outperform” rating and set a $181.00 target price on shares of Oshkosh in a research note on Monday, May 11th. Finally, Morgan Stanley dropped their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 12th. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $171.33.

Oshkosh Trading Up 0.3%

OSK opened at $142.78 on Friday. Oshkosh has a one year low of $116.77 and a one year high of $180.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96. The business has a 50 day simple moving average of $140.88 and a two-hundred day simple moving average of $148.09. The firm has a market capitalization of $8.82 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 0.89 and a beta of 1.25.

Oshkosh (NYSE:OSK) last announced its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the firm posted $3.41 EPS. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Analysts predict that Oshkosh will post 10.54 EPS for the current year.

Insider Buying and Selling at Oshkosh

In other news, Director Duncan Palmer sold 505 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the transaction, the director directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 corporate insiders.

Hedge Funds Weigh In On Oshkosh

Hedge funds have recently bought and sold shares of the business. Tower View Wealth Management LLC bought a new stake in Oshkosh in the 1st quarter worth approximately $29,000. Torren Management LLC bought a new position in shares of Oshkosh during the 4th quarter valued at $30,000. V Square Quantitative Management LLC bought a new position in shares of Oshkosh during the 4th quarter valued at $44,000. Basepoint Wealth LLC purchased a new position in shares of Oshkosh in the 4th quarter worth $51,000. Finally, Global Retirement Partners LLC boosted its stake in shares of Oshkosh by 284.9% in the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock worth $51,000 after buying an additional 302 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Oshkosh Company Profile

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.