Oshkosh (NYSE:OSK) had its target price boosted by SunTrust Banks to $102.00 in a research report issued to clients and investors on Wednesday, The Fly reports. The firm currently has a “buy” rating on the stock. SunTrust Banks’ price target would suggest a potential upside of 12.16% from the company’s current price.
Several other equities analysts have also recently issued reports on OSK. ValuEngine raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Stifel Nicolaus reaffirmed a “buy” rating and set a $100.00 price target on shares of Oshkosh in a research note on Wednesday, November 1st. Jefferies Group upped their price target on shares of Oshkosh from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. JPMorgan Chase & Co. upped their price target on shares of Oshkosh from $80.00 to $88.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $97.00 price target on shares of Oshkosh in a research note on Wednesday, November 1st. Three research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Oshkosh presently has an average rating of “Buy” and a consensus target price of $93.77.
Oshkosh (NYSE OSK) opened at $90.94 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.81 and a quick ratio of 1.09. The stock has a market cap of $6,840.00, a price-to-earnings ratio of 24.19, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84. Oshkosh has a 12 month low of $61.74 and a 12 month high of $94.16.
In other Oshkosh news, VP Colleen R. Moynihan sold 5,325 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $85.85, for a total value of $457,151.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP James W. Johnson sold 22,300 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $90.59, for a total transaction of $2,020,157.00. Following the transaction, the vice president now owns 51,673 shares in the company, valued at $4,681,057.07. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 115,153 shares of company stock worth $9,953,433. 1.60% of the stock is owned by insiders.
Several hedge funds have recently made changes to their positions in OSK. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Oshkosh by 48.2% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,855 shares of the company’s stock worth $120,000 after acquiring an additional 603 shares during the period. Harvest Fund Management Co. Ltd acquired a new stake in Oshkosh during the 4th quarter worth approximately $121,000. Invictus RG acquired a new stake in Oshkosh during the 1st quarter worth approximately $133,000. Advisors Asset Management Inc. increased its position in Oshkosh by 9.5% during the 1st quarter. Advisors Asset Management Inc. now owns 1,971 shares of the company’s stock worth $135,000 after purchasing an additional 171 shares in the last quarter. Finally, James Investment Research Inc. acquired a new stake in Oshkosh during the 1st quarter worth approximately $144,000. Institutional investors and hedge funds own 93.96% of the company’s stock.
About Oshkosh
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.
