Oshkosh Receives Consensus Rating of “Hold” from Analysts (NYSE:OSK)
Oshkosh (NYSE:OSK) has earned an average rating of “Hold” from the fourteen brokerages that are covering the stock, Analyst Ratings Network reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $54.87.
Oshkosh (NYSE:OSK) opened at 49.68 on Tuesday. Oshkosh has a 52-week low of $44.33 and a 52-week high of $60.45. The stock has a 50-day moving average of $49.93 and a 200-day moving average of $54.30. The company has a market cap of $4.223 billion and a P/E ratio of 16.01.
Oshkosh (NYSE:OSK) last announced its earnings results on Tuesday, July 29th. The company reported $1.23 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $1.67 earnings per share. The company’s quarterly revenue was down 12.3% on a year-over-year basis. On average, analysts predict that Oshkosh will post $3.49 earnings per share for the current fiscal year.
A number of research firms have recently commented on OSK. 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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