A number of firms have changed their ratings and price targets on shares of Oshkosh (NYSE: OSK ) recently:
- 07/13/2022 – Oshkosh had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $118.00 to $101.00. They now have a “buy” rating on the stock.
- 7/12/2022 – Oshkosh had its price target lowered by analysts at KeyCorp from $120.00 to $105.00. They now have an “overweight” rating on the stock.
- 07/12/2022 – Oshkosh had its price target cut by analysts at JPMorgan Chase & Co. from $107.00 to $85.00. They now have a “neutral” rating on the stock.
- 7/7/2022 – Oshkosh was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $90.00 target price on the stock, down previously from $120.00.
- 7/1/2022 – Oshkosh was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating.
Shares of Oshkosh stock opened at $79.29 on Friday. The stock has a market cap of $5.22 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.52 and a beta of 1.36. The business has a fifty day simple moving average of $87.18 and a 200 day simple moving average of $100.92. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 0.20. Oshkosh Co. has a 12-month low of $77.89 and a 12-month high of $125.16.
Oshkosh (NYSE:OSK – Get Rating ) last posted its earnings results on Wednesday, April 27th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.17 by $0.07. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.88 billion. Oshkosh had a return on equity of 7.63% and a net margin of 3.84%. Oshkosh’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted earnings of $1.48 per share. Analysts expect Oshkosh Co. to post 5.49 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, May 27th. Shareholders of record on Friday, May 13th were given a $0.37 dividend. The ex-dividend date was Thursday, May 12th. This represents a $1.48 annual dividend and a dividend yield of 1.87%. Oshkosh’s dividend payout ratio (DPR) is currently 33.41%.
Several institutional investors have recently modified their holdings of the company. National Bank of Canada FI acquired a new stake in Oshkosh during the fourth quarter valued at $25,000. KRS Capital Management LLC acquired a new stake in Oshkosh during the fourth quarter valued at $35,000. Steph & Co. acquired a new stake in Oshkosh in the fourth quarter valued at $48,000. HHM Wealth Advisors LLC acquired a new stake in Oshkosh in the first quarter valued at $46,000. Finally, Baystate Wealth Management LLC raised its position in Oshkosh by 5,762.5% in the the fourth quarter. Baystate Wealth Management LLC now owns 469 shares of the company’s stock valued at $53,000 after purchasing an additional 461 shares during the last quarter. 94.89% of the shares are owned by institutional investors and hedge funds.
Oshkosh Corporation designs, manufactures and sells specialty vehicles and bodies worldwide. The company’s access equipment segment provides aerial work platforms and telehandlers for use in a variety of construction, industrial, institutional and general maintenance applications. This segment also offers fleet loans and leases, floor plan and retail financing through third-party financing arrangements; towing and rescue equipment; carriers and destroyers; equipment installation services; and sale of chassis and service parts.
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