Oshkosh Corporation (NYSE:OSK) Receives $150.20 Consensus PT from Analysts

Oshkosh Corporation (NYSE:OSK) has been assigned an average recommendation of “Moderate Buy” from the nineteen analysts that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $149.5625.

A number of brokerages recently issued reports on OSK. Sanford C. Bernstein lifted their target price on Oshkosh from $132.00 to $140.00 and gave the company a “market perform” rating in a research report on Friday. Citigroup cut their price objective on shares of Oshkosh from $160.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Truist Financial decreased their target price on shares of Oshkosh from $171.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. JPMorgan Chase & Co. lifted their price target on shares of Oshkosh from $133.00 to $140.00 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Finally, Wall Street Zen upgraded shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Saturday.

Oshkosh Trading Up 1.5%

Shares of NYSE:OSK opened at $130.38 on Thursday. The firm has a market cap of $8.25 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 1.65 and a beta of 1.41. Oshkosh has a 12 month low of $76.82 and a 12 month high of $144.30. The company’s fifty day simple moving average is $128.21 and its 200 day simple moving average is $128.00. The company has a quick ratio of 0.99, a current ratio of 1.98 and a debt-to-equity ratio of 0.24.

Oshkosh (NYSE:OSK) last announced its earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share 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 firm had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.84 billion. During the same period in the prior year, the business earned $2.93 EPS. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. As a group, research analysts forecast that Oshkosh will post 10.96 EPS for the current fiscal year.

Oshkosh Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were given 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%.

Institutional Investors Weigh In On Oshkosh

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sivia Capital Partners LLC grew its stake in shares of Oshkosh by 2.8% in the third quarter. Sivia Capital Partners LLC now owns 2,946 shares of the company’s stock valued at $382,000 after buying an additional 81 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Oshkosh by 3.1% during the 2nd quarter. ProShare Advisors LLC now owns 2,855 shares of the company’s stock worth $324,000 after purchasing an additional 87 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Oshkosh by 6.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,763 shares of the company’s stock valued at $200,000 after purchasing an additional 100 shares during the period. First Business Financial Services Inc. lifted its stake in Oshkosh by 0.9% in the 3rd quarter. First Business Financial Services Inc. now owns 11,845 shares of the company’s stock valued at $1,536,000 after purchasing an additional 103 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in Oshkosh by 21.8% during the second quarter. Farther Finance Advisors LLC now owns 593 shares of the company’s stock worth $67,000 after purchasing an additional 106 shares during the period. Institutional investors own 92.36% of the company’s stock.

About Oshkosh

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.