Insider Selling: Oshkosh Corp. VP Sells 2,500 Shares of Stock (OSK)
Oshkosh Corp. (NYSE:OSK) VP Michael K. Rohrkaste sold 2,500 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $53.00, for a total value of $132,500.00. Following the sale, the vice president now directly owns 23,792 shares of the company’s stock, valued at approximately $1,260,976. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Zacks upgraded shares of Oshkosh Corp. from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. They now have a $56.60 price target on the stock. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $53.62.
Shares of Oshkosh Corp. (NYSE:OSK) traded down 0.37% during mid-day trading on Thursday, hitting $53.63. The stock had a trading volume of 195,251 shares. Oshkosh Corp. has a one year low of $33.88 and a one year high of $58.50. The stock’s 50-day moving average is $52.18 and its 200-day moving average is $49.30. The company has a market cap of $4.512 billion and a P/E ratio of 14.61.
Oshkosh Corp. (NYSE:OSK) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.30. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the prior year, the company posted $0.60 earnings per share. The company’s quarterly revenue was down 13.1% on a year-over-year basis. Analysts expect that Oshkosh Corp. will post $3.61 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, February 27th. Stockholders of record on Thursday, February 13th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Tuesday, February 11th.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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