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

Shares of Oshkosh Corporation (NYSE:OSK) have been given a consensus rating of “Moderate Buy” by the nineteen research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $149.5625.

OSK has been the topic of several research analyst reports. UBS Group boosted their price objective on Oshkosh from $164.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Truist Financial lowered their target price on Oshkosh from $171.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Citigroup reduced their price target on shares of Oshkosh from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Zacks Research downgraded shares of Oshkosh from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, KeyCorp reiterated an “overweight” rating on shares of Oshkosh in a research note on Thursday.

Oshkosh Stock Up 0.4%

Oshkosh stock opened at $130.91 on Thursday. Oshkosh has a fifty-two week low of $76.82 and a fifty-two week high of $144.30. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.99 and a current ratio of 1.98. The firm’s 50-day simple moving average is $128.25 and its 200 day simple moving average is $128.33. The stock has a market cap of $8.28 billion, a PE ratio of 12.77, a price-to-earnings-growth ratio of 1.65 and a beta of 1.41.

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

Oshkosh Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were issued a dividend of $0.51 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $2.04 annualized dividend and a yield of 1.6%. Oshkosh’s dividend payout ratio is 19.90%.

Hedge Funds Weigh In On Oshkosh

Large investors have recently modified their holdings of the business. Harbor Capital Advisors Inc. purchased a new stake in shares of Oshkosh during the 3rd quarter valued at approximately $26,000. Blue Trust Inc. raised its holdings in Oshkosh by 471.1% during the 3rd quarter. Blue Trust Inc. now owns 217 shares of the company’s stock valued at $28,000 after acquiring an additional 179 shares during the period. SJS Investment Consulting Inc. lifted its position in shares of Oshkosh by 3,014.3% during the third quarter. SJS Investment Consulting Inc. now owns 218 shares of the company’s stock worth $28,000 after acquiring an additional 211 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Oshkosh in the third quarter worth $29,000. Finally, Whittier Trust Co. grew its position in shares of Oshkosh by 69.1% in the second quarter. Whittier Trust Co. now owns 279 shares of the company’s stock valued at $32,000 after purchasing an additional 114 shares in 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.