Oshkosh Corp. Reaches New 12-Month High at $52.75 (OSK)
Oshkosh Corp. (NYSE:OSK)’s share price reached a new 52-week high during trading on Friday, American Banking News reports. The stock traded as high as $52.75 and last traded at $52.74, with a volume of 586,940 shares traded. The stock had previously closed at $51.19.
A number of analysts have recently weighed in on OSK shares. Analysts at BMO Capital Markets raised their price target on shares of Oshkosh Corp. from $51.00 to $59.00 in a research note to investors on Tuesday, October 8th. They now have an “outperform” rating on the stock. Separately, analysts at Barrington Research raised their price target on shares of Oshkosh Corp. from $50.00 to $61.00 in a research note to investors on Wednesday, October 2nd. Finally, analysts at RBC Capital initiated coverage on shares of Oshkosh Corp. in a research note to investors on Monday, September 9th. They set a “sector perform” rating and a $50.00 price target on the stock. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Oshkosh Corp. presently has an average rating of “Buy” and an average target price of $50.13.
Oshkosh Corp. has a one year low of $26.76 and a one year high of $52.75. The stock’s 50-day moving average is $48.52 and its 200-day moving average is $42.31. The company has a market cap of $4.572 billion and a P/E ratio of 12.85.
Oshkosh Corp. (NYSE:OSK) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $1.67 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.08 by $0.59. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, analysts predict that Oshkosh Corp. will post $3.74 earnings per share for the current fiscal year.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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