Oshkosh Corp (NYSE:OSK) – Analysts at SunTrust Banks dropped their Q1 2018 EPS estimates for Oshkosh in a research report issued to clients and investors on Wednesday. SunTrust Banks analyst C. Brady now forecasts that the company will post earnings per share of $0.50 for the quarter, down from their prior estimate of $0.52. SunTrust Banks has a “Buy” rating and a $102.00 price objective on the stock. SunTrust Banks also issued estimates for Oshkosh’s Q2 2018 earnings at $1.03 EPS, Q3 2018 earnings at $1.98 EPS, Q4 2018 earnings at $1.31 EPS, FY2018 earnings at $4.82 EPS, Q1 2019 earnings at $0.71 EPS, Q2 2019 earnings at $1.25 EPS, Q3 2019 earnings at $2.12 EPS, Q4 2019 earnings at $1.51 EPS and FY2019 earnings at $5.60 EPS.
Oshkosh (NYSE:OSK) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.36. Oshkosh had a return on equity of 15.14% and a net margin of 4.18%. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same period last year, the firm earned $1.05 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis.
Shares of Oshkosh (NYSE OSK) opened at $91.15 on Friday. Oshkosh has a 1 year low of $61.74 and a 1 year high of $94.16. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.09 and a current ratio of 1.81. The firm has a market capitalization of $6,850.00, a P/E ratio of 24.24, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84.
In related news, VP Colleen R. Moynihan sold 5,259 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $88.19, for a total value of $463,791.21. Following the completion of the transaction, the vice president now directly owns 4,647 shares of the company’s stock, valued at approximately $409,818.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Wilson R. Jones sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $85.14, for a total value of $3,405,600.00. Following the completion of the transaction, the insider now directly owns 159,859 shares of the company’s stock, valued at $13,610,395.26. The disclosure for this sale can be found here. Insiders sold a total of 115,153 shares of company stock valued at $9,953,433 over the last ninety days. 1.60% of the stock is currently owned by company insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sit Investment Associates Inc. increased its stake in Oshkosh by 38.4% in the 4th quarter. Sit Investment Associates Inc. now owns 34,715 shares of the company’s stock valued at $3,155,000 after purchasing an additional 9,625 shares in the last quarter. Prudential Financial Inc. increased its stake in Oshkosh by 11.0% in the 3rd quarter. Prudential Financial Inc. now owns 1,211,995 shares of the company’s stock valued at $100,038,000 after purchasing an additional 120,420 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in Oshkosh by 2.0% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 369,459 shares of the company’s stock valued at $30,495,000 after purchasing an additional 7,378 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in Oshkosh by 32.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 165,712 shares of the company’s stock valued at $13,678,000 after purchasing an additional 40,787 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in Oshkosh by 61.9% in the 3rd quarter. GSA Capital Partners LLP now owns 22,347 shares of the company’s stock valued at $1,845,000 after purchasing an additional 8,547 shares in the last quarter. 93.96% of the stock is owned by hedge funds and other institutional investors.
Oshkosh Company Profile
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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