Oshkosh Corporation (NYSE:OSK)‘s stock had its “buy” rating restated by equities research analysts at Robert W. Baird in a research note issued to investors on Thursday. They currently have a $93.00 price target on the stock. Robert W. Baird’s price target points to a potential upside of 6.84% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Stifel Nicolaus restated a “buy” rating and issued a $80.00 price target on shares of Oshkosh Corporation in a report on Thursday, August 3rd. Jefferies Group LLC restated a “buy” rating and issued a $85.00 price target on shares of Oshkosh Corporation in a report on Thursday, July 13th. Zacks Investment Research upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $84.00 price target on the stock in a report on Tuesday, August 8th. Drexel Hamilton upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a report on Friday, August 4th. Finally, BidaskClub upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Oshkosh Corporation has a consensus rating of “Buy” and a consensus target price of $85.25.

Shares of Oshkosh Corporation (OSK) opened at 87.05 on Thursday. The stock’s 50 day moving average is $79.13 and its 200-day moving average is $71.37. Oshkosh Corporation has a 52 week low of $52.00 and a 52 week high of $88.20. The company has a market cap of $6.51 billion, a price-to-earnings ratio of 25.83 and a beta of 1.77.

Oshkosh Corporation (NYSE:OSK) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $1.84 EPS for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.51. The firm had revenue of $2.04 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Oshkosh Corporation had a net margin of 3.83% and a return on equity of 14.49%. The business’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 earnings per share. On average, equities analysts anticipate that Oshkosh Corporation will post $3.96 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Watch List News and is owned by of Watch List News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.watchlistnews.com/oshkosh-corporation-osk-rating-reiterated-by-robert-w-baird/1629174.html.

In other Oshkosh Corporation news, Director Craig P. Omtvedt sold 7,050 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $74.82, for a total transaction of $527,481.00. Following the transaction, the director now directly owns 32,374 shares in the company, valued at approximately $2,422,222.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP R Scott Grennier sold 4,883 shares of the stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $74.40, for a total transaction of $363,295.20. Following the transaction, the vice president now owns 4,912 shares in the company, valued at $365,452.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,533 shares of company stock worth $3,810,466. 2.00% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Oshkosh Corporation by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 7,019,731 shares of the company’s stock valued at $483,519,000 after buying an additional 251,809 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Oshkosh Corporation by 5,532.7% in the 1st quarter. BlackRock Inc. now owns 6,431,080 shares of the company’s stock valued at $441,107,000 after buying an additional 6,316,906 shares in the last quarter. Aristotle Capital Management LLC boosted its holdings in shares of Oshkosh Corporation by 4.6% in the 1st quarter. Aristotle Capital Management LLC now owns 4,268,889 shares of the company’s stock valued at $292,803,000 after buying an additional 188,368 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Oshkosh Corporation by 54.3% in the 1st quarter. AQR Capital Management LLC now owns 2,950,143 shares of the company’s stock valued at $202,350,000 after buying an additional 1,037,968 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Oshkosh Corporation by 85.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,316,316 shares of the company’s stock valued at $159,548,000 after buying an additional 1,063,971 shares in the last quarter. Institutional investors and hedge funds own 94.64% of the company’s stock.

Oshkosh Corporation 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.

Analyst Recommendations for Oshkosh Corporation (NYSE:OSK)

Receive News & Ratings for Oshkosh Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.