Analysts Set Oshkosh Corporation (NYSE:OSK) Target Price at $149.44

Oshkosh Corporation (NYSE:OSK) has received a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $151.3125.

Several analysts recently issued reports on the company. Wall Street Zen cut Oshkosh from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. JPMorgan Chase & Co. upped their price objective on shares of Oshkosh from $132.00 to $145.00 and gave the stock a “neutral” rating in a report on Wednesday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Oshkosh in a research note on Wednesday, October 8th. Morgan Stanley boosted their price target on shares of Oshkosh from $136.00 to $147.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 10th. Finally, Truist Financial lowered their price objective on shares of Oshkosh from $171.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, October 30th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. grew its holdings in Oshkosh by 43.4% in the first quarter. Goldman Sachs Group Inc. now owns 225,130 shares of the company’s stock worth $21,180,000 after purchasing an additional 68,165 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Oshkosh by 8.1% in 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 acquiring an additional 14,122 shares in the last quarter. Integrity Alliance LLC. bought a new position in shares of Oshkosh during the first quarter valued at $226,000. Focus Partners Wealth purchased a new stake in Oshkosh during the 1st quarter valued at about $567,000. Finally, Strs Ohio bought a new stake in Oshkosh during the 1st quarter valued at about $1,447,000. 92.36% of the stock is currently owned by institutional investors.

Oshkosh Stock Up 0.1%

Shares of Oshkosh stock opened at $150.90 on Monday. The company’s 50 day moving average price is $130.21 and its 200-day moving average price is $131.37. Oshkosh has a 52-week low of $76.82 and a 52-week high of $152.10. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.99 and a current ratio of 1.98. The stock has a market capitalization of $9.55 billion, a price-to-earnings ratio of 14.72, a P/E/G ratio of 1.67 and a beta of 1.41.

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

Oshkosh Announces Dividend

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

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.