Oshkosh Co. (NYSE:OSK) Given Consensus Rating of "Hold" by Brokerages

Oshkosh Co. (NYSE:OSK - Get Free Report) has been assigned an average rating of "Hold" from the thirteen research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $116.08.

OSK has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of Oshkosh from $137.00 to $97.00 and set a "buy" rating for the company in a research note on Monday, April 7th. KeyCorp lowered their price target on Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. JPMorgan Chase & Co. cut their price objective on Oshkosh from $117.00 to $100.00 and set a "neutral" rating for the company in a research report on Monday. Morgan Stanley raised their target price on Oshkosh from $98.00 to $110.00 and gave the company an "equal weight" rating in a report on Monday, February 3rd. Finally, Truist Financial cut their price target on Oshkosh from $118.00 to $94.00 and set a "hold" rating for the company in a report on Tuesday, April 8th.

Oshkosh Stock Down 1.2 %

OSK stock traded down $1.04 during trading hours on Friday, hitting $85.17. The company's stock had a trading volume of 598,375 shares, compared to its average volume of 590,460. The company has a market capitalization of $5.50 billion, a PE ratio of 8.23, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. The stock has a 50 day moving average price of $97.66 and a two-hundred day moving average price of $100.98. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. Oshkosh has a 12 month low of $76.82 and a 12 month high of $125.00.

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Oshkosh (NYSE:OSK - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share 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%. On average, equities research analysts expect that Oshkosh will post 10.96 earnings per share for the current year.

Oshkosh Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Monday, February 17th were issued a $0.51 dividend. The ex-dividend date was Friday, February 14th. This is a boost from Oshkosh's previous quarterly dividend of $0.46. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.40%. Oshkosh's dividend payout ratio is presently 19.71%.

Institutional Trading of Oshkosh

Several institutional investors have recently bought and sold shares of the stock. Synovus Financial Corp lifted its holdings in shares of Oshkosh by 0.4% during the fourth quarter. Synovus Financial Corp now owns 30,357 shares of the company's stock valued at $2,886,000 after acquiring an additional 106 shares during the period. Coppell Advisory Solutions LLC increased its position in shares of Oshkosh by 52.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after purchasing an additional 110 shares in the last quarter. Captrust Financial Advisors lifted its holdings in Oshkosh by 3.9% during the 4th quarter. Captrust Financial Advisors now owns 3,259 shares of the company's stock valued at $310,000 after purchasing an additional 122 shares during the last quarter. Parallel Advisors LLC boosted its position in Oshkosh by 91.4% in the first quarter. Parallel Advisors LLC now owns 266 shares of the company's stock valued at $25,000 after buying an additional 127 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Oshkosh by 108.7% during the fourth quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after buying an additional 138 shares during the last quarter. Institutional investors and hedge funds 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.