Oshkosh Corp. CEO Sells $1,255,036 in Stock (OSK)
Oshkosh Corp. (NYSE:OSK) CEO Charles L. Szews unloaded 23,860 shares of the stock on the open market in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $52.60, for a total transaction of $1,255,036.00. Following the completion of the transaction, the chief executive officer now directly owns 172,698 shares of the company’s stock, valued at approximately $9,083,915. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Oshkosh Corp. (NYSE:OSK) traded down 0.52% on Thursday, hitting $53.55. The stock had a trading volume of 203,370 shares. Oshkosh Corp. has a 52 week low of $33.88 and a 52 week 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 $4.505 billion and a price-to-earnings ratio of 14.61.
Oshkosh Corp. (NYSE:OSK) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.63 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.60 earnings per share. Oshkosh Corp.’s revenue was down 13.1% compared to the same quarter last year. On average, analysts predict that Oshkosh Corp. will post $3.61 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, February 27th. Investors of record on Thursday, February 13th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Tuesday, February 11th.
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 investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Oshkosh Corp. currently has a consensus rating of “Buy” and an average target price of $53.62.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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