Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Oshkosh Corporation (OSK) Stock Price
News stories about Oshkosh Corporation (NYSE:OSK) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oshkosh Corporation earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.0710341663455 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Oshkosh Corporation (OSK) SVP Sells $628,950.00 in Stock (americanbankingnews.com)
- Critical Contrast: Oshkosh Corporation (OSK) & The Competition (americanbankingnews.com)
- Oshkosh Corporation (OSK) Expected to Post Earnings of $0.53 Per Share (americanbankingnews.com)
- Head to Head Survey: Federal Signal Corporation (FSS) vs. Oshkosh Corporation (OSK) (americanbankingnews.com)
- Oshkosh Corporation — Moody’s affirms Oshkosh ratings at Ba2 CFR and Ba3 Senior Unsecured; outlook changed to positive (finance.yahoo.com)
A number of research analysts recently issued reports on OSK shares. Citigroup Inc. raised their price objective on shares of Oshkosh Corporation from $85.00 to $100.00 and gave the company a “buy” rating in a report on Friday, October 13th. ValuEngine upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. KeyCorp reiterated a “buy” rating and issued a $85.00 price objective on shares of Oshkosh Corporation in a report on Sunday, September 17th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $90.00 price objective on shares of Oshkosh Corporation in a report on Friday, October 27th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $86.00 price objective (up previously from $80.00) on shares of Oshkosh Corporation in a report on Monday, October 9th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Oshkosh Corporation currently has an average rating of “Buy” and a consensus target price of $92.85.
Shares of Oshkosh Corporation (OSK) traded up $0.61 during mid-day trading on Tuesday, hitting $85.51. 605,700 shares of the stock traded hands, compared to its average volume of 685,712. The firm has a market cap of $6,353.02, a P/E ratio of 20.02, a price-to-earnings-growth ratio of 1.14 and a beta of 1.87. Oshkosh Corporation has a one year low of $61.74 and a one year high of $94.16. The company has a current ratio of 1.81, a quick ratio of 1.09 and a debt-to-equity ratio of 0.35.
Oshkosh Corporation (NYSE:OSK) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.02 by $0.36. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.90 billion. Oshkosh Corporation had a net margin of 4.18% and a return on equity of 15.14%. The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 EPS. equities analysts expect that Oshkosh Corporation will post 4.51 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th will be given a dividend of $0.24 per share. This is an increase from Oshkosh Corporation’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $0.96 annualized dividend and a dividend yield of 1.12%. Oshkosh Corporation’s dividend payout ratio (DPR) is 22.34%.
In related news, VP Colleen R. Moynihan sold 4,000 shares of Oshkosh Corporation stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $87.62, for a total value of $350,480.00. Following the completion of the sale, the vice president now owns 7,347 shares of the company’s stock, valued at approximately $643,744.14. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Colleen R. Moynihan sold 5,259 shares of Oshkosh Corporation stock in a transaction on Monday, November 6th. The shares were sold at an average price of $88.19, for a total transaction of $463,791.21. Following the completion of the sale, the vice president now directly owns 4,647 shares of the company’s stock, valued at approximately $409,818.93. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,759 shares of company stock valued at $1,443,221. Insiders own 2.00% of the company’s stock.
About Oshkosh Corporation
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.
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