Oshkosh Corp. Upgraded to Outperform by Zacks (OSK)
Oshkosh Corp. (NYSE:OSK) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Friday, AR Network reports. The firm currently has a $56.60 price target on the stock. Zacks‘ price target would suggest a potential upside of 14.39% from the stock’s previous close.
OSK has been the subject of a number of other recent research reports. Analysts at ISI Group downgraded shares of Oshkosh Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, November 7th. They now have a $50.00 price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Oshkosh Corp. from $42.00 to $48.00 in a research note to investors on Friday, November 1st. They now have a “neutral” rating on the stock. Finally, 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. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $51.46.
Oshkosh Corp. (NYSE:OSK) traded up 0.20% during mid-day trading on Friday, hitting $49.58. The stock had a trading volume of 230,608 shares. Oshkosh Corp. has a 52 week low of $31.62 and a 52 week high of $53.70. The stock’s 50-day moving average is $49.20 and its 200-day moving average is $46.43. The company has a market cap of $4.283 billion and a P/E ratio of 13.94.
Oshkosh Corp. (NYSE:OSK) last released its earnings data on Thursday, October 31st. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.01. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was down 15.8% on a year-over-year basis.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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