Oshkosh (NYSE:OSK) Sets New 52-Week High – Still a Buy?

Oshkosh Corporation (NYSE:OSK) hit a new 52-week high during trading on Tuesday . The stock traded as high as $151.89 and last traded at $151.5450, with a volume of 57275 shares. The stock had previously closed at $149.65.

Wall Street Analyst Weigh In

Several equities analysts recently commented on OSK shares. Citigroup reissued a “buy” rating on shares of Oshkosh in a research note on Tuesday. Zacks Research downgraded shares of Oshkosh from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Morgan Stanley increased their price target on Oshkosh from $136.00 to $147.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 10th. Sanford C. Bernstein raised their price objective on Oshkosh from $132.00 to $140.00 and gave the company a “market perform” rating in a report on Friday, December 19th. Finally, UBS Group lowered their target price on Oshkosh from $165.00 to $163.00 and set a “buy” rating for the company in a report on Monday, January 5th. Thirteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $149.44.

Oshkosh Stock Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.98 and a quick ratio of 0.99. The stock has a fifty day simple moving average of $129.10 and a two-hundred day simple moving average of $130.97. The firm has a market capitalization of $9.44 billion, a P/E ratio of 14.60, a P/E/G ratio of 1.66 and a beta of 1.41.

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

Oshkosh Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, November 17th. Oshkosh’s dividend payout ratio is presently 19.90%.

Hedge Funds Weigh In On Oshkosh

Several institutional investors have recently modified their holdings of OSK. Harbor Capital Advisors Inc. purchased a new position in Oshkosh in the third quarter worth $26,000. Blue Trust Inc. boosted 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 worth $28,000 after buying an additional 179 shares during the last quarter. SJS Investment Consulting Inc. grew its position in Oshkosh by 3,014.3% during the third quarter. SJS Investment Consulting Inc. now owns 218 shares of the company’s stock valued at $28,000 after buying an additional 211 shares during the period. Abich Financial Wealth Management LLC bought a new position in Oshkosh during the third quarter valued at about $29,000. Finally, Whittier Trust Co. increased 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 during the last quarter. 92.36% of the stock is owned by institutional investors.

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.