Oshkosh Corporation (OSK) Scheduled to Post Earnings on Tuesday
Oshkosh Corporation (NYSE:OSK) is set to release its earnings data before the market opens on Tuesday, October 31st. Analysts expect Oshkosh Corporation to post earnings of $1.09 per share for the quarter.
Oshkosh Corporation (NYSE:OSK) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $1.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $0.51. Oshkosh Corporation had a net margin of 3.83% and a return on equity of 14.49%. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm earned $1.13 earnings per share. The firm’s revenue was up 16.6% compared to the same quarter last year. On average, analysts expect Oshkosh Corporation to post $3.89 EPS for the current fiscal year and $4.13 EPS for the next fiscal year.
Shares of Oshkosh Corporation (NYSE:OSK) opened at 87.09 on Tuesday. The stock’s 50 day moving average is $81.49 and its 200 day moving average is $72.25. The company has a market cap of $6.52 billion, a P/E ratio of 25.84 and a beta of 1.77. Oshkosh Corporation has a 12 month low of $52.00 and a 12 month high of $88.20.
OSK has been the subject of several research analyst reports. Deutsche Bank AG reiterated a “hold” rating and issued a $86.00 price objective (up previously from $80.00) on shares of Oshkosh Corporation in a research note on Monday, October 9th. Jefferies Group LLC reiterated a “buy” rating and issued a $85.00 price objective on shares of Oshkosh Corporation in a research note on Thursday, September 7th. Bank of America Corporation lowered shares of Oshkosh Corporation from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $75.00 to $60.00 in a research note on Friday, July 7th. KeyCorp reiterated a “buy” rating and issued a $85.00 price objective on shares of Oshkosh Corporation in a research note on Sunday, September 17th. Finally, Zacks Investment Research lowered shares of Oshkosh Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $85.25.
In other news, Director Craig P. Omtvedt sold 7,050 shares of the company’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $74.82, for a total value of $527,481.00. Following the completion of the sale, the director now owns 32,374 shares in the company, valued at approximately $2,422,222.68. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP R Scott Grennier sold 4,883 shares of the company’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $74.40, for a total transaction of $363,295.20. Following the completion of the sale, the vice president now owns 4,912 shares of the company’s stock, valued at approximately $365,452.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,533 shares of company stock valued at $3,810,466. Company insiders own 2.00% of the company’s stock.
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Oshkosh Corporation Company Profile
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.
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