DA Davidson Issues Pessimistic Estimate for Oshkosh Earnings

Oshkosh Co. (NYSE:OSK - Free Report) - Research analysts at DA Davidson decreased their FY2025 earnings estimates for shares of Oshkosh in a research report issued on Monday, February 3rd. DA Davidson analyst M. Shlisky now anticipates that the company will earn $11.07 per share for the year, down from their previous forecast of $12.01. The consensus estimate for Oshkosh's current full-year earnings is $10.95 per share.

Several other equities analysts also recently commented on OSK. Citigroup dropped their price objective on shares of Oshkosh from $125.00 to $110.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Morgan Stanley upped their price target on shares of Oshkosh from $98.00 to $110.00 and gave the company an "equal weight" rating in a research report on Monday, February 3rd. Robert W. Baird cut their target price on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating on the stock in a research note on Thursday, October 31st. UBS Group raised their price objective on Oshkosh from $125.00 to $137.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Oshkosh from $115.00 to $127.00 and gave the company a "neutral" rating in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $125.00.

Oshkosh Price Performance

Shares of Oshkosh stock traded down $1.12 on Wednesday, reaching $110.44. 735,969 shares of the stock were exchanged, compared to its average volume of 782,344. The firm's 50 day moving average is $99.58 and its 200-day moving average is $103.12. The firm has a market cap of $7.19 billion, a PE ratio of 10.67, a P/E/G ratio of 1.89 and a beta of 1.23. Oshkosh has a one year low of $89.08 and a one year high of $127.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%.

Oshkosh Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be issued a dividend of $0.51 per share. This is a boost from Oshkosh's previous quarterly dividend of $0.46. The ex-dividend date is Friday, February 14th. This represents a $2.04 dividend on an annualized basis and a yield of 1.85%. Oshkosh's dividend payout ratio is 17.78%.

Institutional Investors Weigh In On Oshkosh

Several large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. boosted its holdings in Oshkosh by 108.7% during the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock valued at $27,000 after acquiring an additional 138 shares during the period. Carolina Wealth Advisors LLC lifted its stake in Oshkosh by 2.5% in the fourth quarter. Carolina Wealth Advisors LLC now owns 6,062 shares of the company's stock worth $576,000 after acquiring an additional 146 shares during the period. Private Advisor Group LLC lifted its stake in Oshkosh by 4.0% in the fourth quarter. Private Advisor Group LLC now owns 3,923 shares of the company's stock worth $373,000 after acquiring an additional 152 shares during the period. V Square Quantitative Management LLC increased its position in Oshkosh by 64.1% during the 4th quarter. V Square Quantitative Management LLC now owns 402 shares of the company's stock valued at $38,000 after purchasing an additional 157 shares during the period. Finally, Manchester Capital Management LLC raised its position in shares of Oshkosh by 11.1% in the 4th quarter. Manchester Capital Management LLC now owns 2,143 shares of the company's stock worth $204,000 after acquiring an additional 214 shares in the last quarter. Institutional investors own 92.36% of the company's stock.

Oshkosh Company Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.