Oshkosh Corporation (NYSE:OSK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Oshkosh Corporation (NYSE:OSK) have been assigned an average rating of “Moderate Buy” from the nineteen research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $149.4375.

Several analysts recently weighed in on OSK shares. UBS Group cut their price objective on shares of Oshkosh from $165.00 to $163.00 and set a “buy” rating on the stock in a research report on Monday, January 5th. Wells Fargo & Company initiated coverage on shares of Oshkosh in a research note on Thursday, November 13th. They issued an “overweight” rating and a $144.00 price target on the stock. Barclays started coverage on Oshkosh in a report on Tuesday, November 25th. They set an “overweight” rating and a $150.00 price target on the stock. Truist Financial decreased their price objective on Oshkosh from $171.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Oshkosh in a research note on Thursday, December 18th.

Oshkosh Trading Up 1.9%

NYSE:OSK opened at $150.39 on Monday. Oshkosh has a 12-month low of $76.82 and a 12-month high of $150.66. The firm has a market capitalization of $9.51 billion, a P/E ratio of 14.67, a P/E/G ratio of 1.66 and a beta of 1.41. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.98 and a quick ratio of 0.99. The business has a 50 day simple moving average of $128.53 and a 200 day simple moving average of $130.71.

Oshkosh (NYSE:OSK) last issued its earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.12 by $0.08. The firm had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.84 billion. Oshkosh had a return on equity of 16.60% and a net margin of 6.43%.The firm’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period last year, the company earned $2.93 earnings per share. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. Equities research analysts predict that Oshkosh will post 10.96 EPS for the current year.

Oshkosh Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, November 17th. Oshkosh’s payout ratio is currently 19.90%.

Hedge Funds Weigh In On Oshkosh

Large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its position in shares of Oshkosh by 43.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock valued at $21,180,000 after acquiring an additional 68,165 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Oshkosh by 8.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 188,191 shares of the company’s stock worth $17,705,000 after purchasing an additional 14,122 shares during the period. Integrity Alliance LLC. acquired a new stake in shares of Oshkosh during the first quarter worth $226,000. Focus Partners Wealth purchased a new stake in shares of Oshkosh during the first quarter valued at $567,000. Finally, Strs Ohio purchased a new stake in shares of Oshkosh during the first quarter valued at $1,447,000. Institutional investors and hedge funds own 92.36% of the company’s stock.

Oshkosh Company Profile

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.