Oshkosh Given Consensus Rating of “Hold” by Brokerages (NYSE:OSK)
Shares of Oshkosh (NYSE:OSK) have received a consensus rating of “Hold” from the fourteen brokerages that are currently covering the company, Analyst Ratings Net reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $54.87.
Shares of Oshkosh (NYSE:OSK) traded up 0.38% during mid-day trading on Tuesday, hitting $49.72. The stock had a trading volume of 82,569 shares. Oshkosh has a one year low of $44.33 and a one year high of $60.45. The stock has a 50-day moving average of $50.56 and a 200-day moving average of $54.43. The company has a market cap of $4.227 billion and a price-to-earnings ratio of 16.08.
Oshkosh (NYSE:OSK) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.23 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.37 by $0.14. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter last year, the company posted $1.67 earnings per share. Oshkosh’s revenue was down 12.3% compared to the same quarter last year. Analysts expect that Oshkosh will post $3.49 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 28th. Investors of record on Thursday, August 14th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Tuesday, August 12th.
A number of analysts have recently weighed in on OSK shares. Analysts at JPMorgan Chase & Co. downgraded shares of Oshkosh from an “overweight” rating to a “neutral” rating in a research note on Monday, August 11th. They now have a $48.00 price target on the stock, down previously from $57.00. Separately, analysts at Zacks downgraded shares of Oshkosh from a “neutral” rating to an “underperform” rating in a research note on Friday, August 1st. They now have a $44.20 price target on the stock. Finally, analysts at Stifel Nicolaus cut their price target on shares of Oshkosh from $66.00 to $60.00 in a research note on Thursday, July 31st.
Oshkosh Corporation (NYSE:OSK) is a designer, manufacturer and marketer of a broad range of specialty vehicles and vehicle bodies.
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