Equities research analysts expect Oshkosh Corp (NYSE:OSK) to post earnings of $1.06 per share for the current quarter, Zacks reports. Eight analysts have made estimates for Oshkosh’s earnings, with the highest EPS estimate coming in at $1.26 and the lowest estimate coming in at $0.93. Oshkosh reported earnings of $0.76 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 39.5%. The business is expected to announce its next earnings results on Wednesday, April 25th.
According to Zacks, analysts expect that Oshkosh will report full-year earnings of $5.33 per share for the current financial year, with EPS estimates ranging from $5.00 to $5.50. For the next financial year, analysts forecast that the firm will report earnings of $6.02 per share, with EPS estimates ranging from $5.66 to $6.27. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Oshkosh.
Oshkosh (NYSE:OSK) last released its quarterly earnings data on Thursday, January 25th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.29. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.43 billion. Oshkosh had a return on equity of 16.64% and a net margin of 4.48%. The company’s quarterly revenue was up 31.0% compared to the same quarter last year. During the same period last year, the business posted $0.26 EPS.
In other Oshkosh news, Director Leslie F. Kenne sold 1,061 shares of the firm’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $90.82, for a total transaction of $96,360.02. Following the completion of the sale, the director now owns 25,320 shares in the company, valued at approximately $2,299,562.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP James C. Freeders sold 2,300 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $86.70, for a total value of $199,410.00. Following the sale, the vice president now owns 1,786 shares of the company’s stock, valued at approximately $154,846.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,361 shares of company stock valued at $564,480. 1.60% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. grew its stake in Oshkosh by 12.0% during the 4th quarter. BlackRock Inc. now owns 6,870,772 shares of the company’s stock valued at $624,485,000 after purchasing an additional 736,440 shares in the last quarter. Aristotle Capital Management LLC grew its stake in Oshkosh by 2.7% during the 4th quarter. Aristotle Capital Management LLC now owns 4,624,692 shares of the company’s stock valued at $420,339,000 after purchasing an additional 120,016 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Oshkosh by 18.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,742,675 shares of the company’s stock valued at $226,765,000 after purchasing an additional 426,359 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Oshkosh by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,866,855 shares of the company’s stock valued at $154,091,000 after purchasing an additional 6,460 shares in the last quarter. Finally, Great West Life Assurance Co. Can grew its stake in Oshkosh by 1.5% during the 3rd quarter. Great West Life Assurance Co. Can now owns 1,687,953 shares of the company’s stock valued at $139,219,000 after purchasing an additional 25,189 shares in the last quarter. Hedge funds and other institutional investors own 91.88% of the company’s stock.
Oshkosh (NYSE OSK) opened at $79.37 on Wednesday. The company has a market capitalization of $5,957.23, a PE ratio of 18.72, a PEG ratio of 0.85 and a beta of 1.61. The company has a quick ratio of 1.08, a current ratio of 1.86 and a debt-to-equity ratio of 0.35. Oshkosh has a twelve month low of $61.74 and a twelve month high of $100.26.
The business also recently announced a quarterly dividend, which was paid on Monday, February 26th. Investors of record on Monday, February 12th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $0.96 annualized dividend and a dividend yield of 1.21%. Oshkosh’s payout ratio is currently 22.64%.
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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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