Oshkosh Corporation (NYSE:OSK)‘s stock had its “buy” rating restated by investment analysts at Robert W. Baird in a research report issued on Thursday. They presently have a $93.00 price objective on the stock. Robert W. Baird’s price target indicates a potential upside of 8.71% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Deutsche Bank AG reissued a “hold” rating and set a $86.00 price objective (up previously from $80.00) on shares of Oshkosh Corporation in a research note on Monday. Zacks Investment Research raised shares of Oshkosh Corporation from a “hold” rating to a “buy” rating and set a $94.00 price target on the stock in a research note on Wednesday, October 4th. KeyCorp reaffirmed a “buy” rating and set a $85.00 price target on shares of Oshkosh Corporation in a research note on Sunday, September 17th. Jefferies Group LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of Oshkosh Corporation in a research note on Thursday, September 7th. Finally, ValuEngine raised shares of Oshkosh Corporation from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $83.91.

Shares of Oshkosh Corporation (OSK) traded up 1.66% during mid-day trading on Thursday, hitting $86.97. 198,322 shares of the stock were exchanged. The stock has a market cap of $6.51 billion, a PE ratio of 25.81 and a beta of 1.77. The company has a 50-day moving average of $78.31 and a 200 day moving average of $71.11. Oshkosh Corporation has a one year low of $52.00 and a one year high of $87.16.

Oshkosh Corporation (NYSE:OSK) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.51. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. Oshkosh Corporation had a net margin of 3.83% and a return on equity of 14.49%. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.13 earnings per share. On average, equities analysts predict that Oshkosh Corporation will post $3.96 earnings per share for the current year.

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In related news, VP Robert S. Messina sold 3,400 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $75.23, for a total transaction of $255,782.00. Following the completion of the sale, the vice president now directly owns 12,558 shares of the company’s stock, valued at approximately $944,738.34. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Marek W. May sold 3,200 shares of the stock in a transaction on Friday, August 4th. The shares were sold at an average price of $74.89, for a total transaction of $239,648.00. Following the transaction, the vice president now owns 11,068 shares in the company, valued at $828,882.52. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 50,533 shares of company stock valued at $3,810,466. Company insiders own 2.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of OSK. BlackRock Inc. boosted its stake in Oshkosh Corporation by 5,532.7% during the 1st quarter. BlackRock Inc. now owns 6,431,080 shares of the company’s stock valued at $441,107,000 after acquiring an additional 6,316,906 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Oshkosh Corporation by 85.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,316,316 shares of the company’s stock valued at $159,548,000 after acquiring an additional 1,063,971 shares during the last quarter. AQR Capital Management LLC boosted its stake in Oshkosh Corporation by 54.3% during the 1st quarter. AQR Capital Management LLC now owns 2,950,143 shares of the company’s stock valued at $202,350,000 after acquiring an additional 1,037,968 shares during the last quarter. Vanguard Group Inc. boosted its stake in Oshkosh Corporation by 16.8% during the 1st quarter. Vanguard Group Inc. now owns 6,767,922 shares of the company’s stock valued at $464,212,000 after acquiring an additional 973,348 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Oshkosh Corporation by 116.7% during the 2nd quarter. American Century Companies Inc. now owns 689,119 shares of the company’s stock valued at $47,467,000 after acquiring an additional 371,089 shares during the last quarter. Hedge funds and other institutional investors own 94.64% of the company’s stock.

About Oshkosh Corporation

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.

Analyst Recommendations for Oshkosh Corporation (NYSE:OSK)

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