Oshkosh Corp. Sets New 1-Year High at $54.24 (OSK)
Oshkosh Corp. (NYSE:OSK) set a new 52-week high on Wednesday, Analyst Ratings Network.com reports. The company traded as high as $54.24 and last traded at $54.21, with a volume of 515,047 shares. The stock had previously closed at $53.53.
A number of research firms have recently commented on OSK. Analysts at Zacks upgraded shares of Oshkosh Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, January 3rd. They now have a $56.60 price target on the stock. Separately, 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. Finally, 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. Four equities research analysts have rated the stock with a hold rating and five have given 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. has a 52 week low of $32.58 and a 52 week high of $53.70. The stock’s 50-day moving average is $49.75 and its 200-day moving average is $47.41. The company has a market cap of $4.676 billion and a price-to-earnings ratio of 15.08.
Oshkosh Corp. (NYSE:OSK) last announced its earnings results on Thursday, October 31st. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was down 15.8% on a year-over-year basis. Analysts expect that Oshkosh Corp. will post $3.35 EPS 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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