Oshkosh Corporation (NYSE:OSK) VP Colleen R. Moynihan sold 5,325 shares of the company’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $85.85, for a total value of $457,151.25. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Oshkosh Corporation (NYSE OSK) traded down $0.59 during trading on Tuesday, hitting $85.76. The stock had a trading volume of 485,400 shares, compared to its average volume of 681,394. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.09 and a current ratio of 1.81. The firm has a market capitalization of $6,490.95, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.16 and a beta of 1.87. Oshkosh Corporation has a twelve month low of $61.74 and a twelve month high of $94.16.
Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.36. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.90 billion. Oshkosh had a return on equity of 15.14% and a net margin of 4.18%. The company’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. equities research analysts expect that Oshkosh Corporation will post 4.52 EPS for the current year.
Institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio lifted its holdings in shares of Oshkosh by 32.6% during the third quarter. Public Employees Retirement System of Ohio now owns 165,712 shares of the company’s stock valued at $13,678,000 after purchasing an additional 40,787 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in shares of Oshkosh by 61.9% during the third quarter. GSA Capital Partners LLP now owns 22,347 shares of the company’s stock valued at $1,845,000 after purchasing an additional 8,547 shares during the last quarter. Algert Global LLC purchased a new stake in shares of Oshkosh during the third quarter valued at $2,003,000. California Public Employees Retirement System lifted its holdings in shares of Oshkosh by 1.6% during the third quarter. California Public Employees Retirement System now owns 199,723 shares of the company’s stock valued at $16,485,000 after purchasing an additional 3,123 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Oshkosh by 5.6% during the third quarter. Janney Montgomery Scott LLC now owns 21,463 shares of the company’s stock valued at $1,772,000 after purchasing an additional 1,143 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.
A number of research analysts recently commented on OSK shares. Stifel Nicolaus restated a “buy” rating and set a $80.00 price objective on shares of Oshkosh in a research note on Thursday, August 3rd. Royal Bank Of Canada upped their price objective on Oshkosh from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Thursday, August 3rd. Bank of America upgraded Oshkosh from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $60.00 to $78.00 in a research note on Thursday, August 3rd. Deutsche Bank upped their price objective on Oshkosh from $79.00 to $80.00 and gave the stock a “hold” rating in a research note on Thursday, August 3rd. Finally, Drexel Hamilton upgraded Oshkosh from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research note on Friday, August 4th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $92.85.
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Oshkosh 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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