Oshkosh (NYSE:OSK) had its price objective boosted by research analysts at SunTrust Banks to $110.00 in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. SunTrust Banks’ price objective indicates a potential upside of 35.62% from the company’s current price.
Several other brokerages also recently commented on OSK. ValuEngine raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Deutsche Bank raised shares of Oshkosh from a “hold” rating to a “buy” rating and set a $80.00 target price for the company in a research note on Monday, March 19th. Stifel Nicolaus upped their target price on shares of Oshkosh from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Friday, January 26th. KeyCorp reissued a “buy” rating and set a $104.00 price objective on shares of Oshkosh in a research report on Friday, January 26th. Finally, Zacks Investment Research downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Thursday, March 15th. Six investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $93.57.
Shares of NYSE:OSK opened at $81.11 on Friday. Oshkosh has a 52 week low of $61.74 and a 52 week high of $100.26. The company has a quick ratio of 1.08, a current ratio of 1.86 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $6,091.56, a price-to-earnings ratio of 19.08, a PEG ratio of 0.87 and a beta of 1.57.
Oshkosh (NYSE:OSK) last issued its earnings results on Thursday, January 25th. The company reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.29. Oshkosh had a net margin of 4.48% and a return on equity of 16.64%. The firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the firm earned $0.26 earnings per share. The business’s quarterly revenue was up 31.0% on a year-over-year basis. research analysts anticipate that Oshkosh will post 5.35 EPS for the current year.
In related news, Director Leslie F. Kenne sold 1,061 shares of the stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $90.82, for a total transaction of $96,360.02. Following the completion of the transaction, the director now owns 25,320 shares in the company, valued at $2,299,562.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Duncan Palmer sold 1,500 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $91.93, for a total transaction of $137,895.00. Following the transaction, the director now owns 23,095 shares of the company’s stock, valued at approximately $2,123,123.35. The disclosure for this sale can be found here. Insiders have sold 6,361 shares of company stock valued at $564,480 in the last three months. 2.00% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in OSK. BlackRock Inc. boosted its holdings in Oshkosh by 12.0% during the fourth quarter. BlackRock Inc. now owns 6,870,772 shares of the company’s stock worth $624,485,000 after purchasing an additional 736,440 shares during the last quarter. Lodge Hill Capital LLC acquired a new position in Oshkosh during the fourth quarter worth $51,807,000. Vaughan Nelson Investment Management L.P. acquired a new position in Oshkosh during the fourth quarter worth $31,006,000. Two Sigma Investments LP acquired a new position in Oshkosh during the fourth quarter worth $30,612,000. Finally, Capital Analysts LLC boosted its holdings in Oshkosh by 39,797.3% during the fourth quarter. Capital Analysts LLC now owns 298,033 shares of the company’s stock worth $80,126,000 after purchasing an additional 297,286 shares during the last quarter. Institutional investors and hedge funds own 91.87% of the company’s stock.
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Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation; and chassis and service parts sales.
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