Oshkosh (NYSE:OSK - Get Free Report) had its target price cut by stock analysts at KeyCorp from $132.00 to $120.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an "overweight" rating on the stock. KeyCorp's price objective points to a potential upside of 39.63% from the company's current price.
Several other equities research analysts have also weighed in on the company. Citigroup reduced their price objective on Oshkosh from $125.00 to $110.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. UBS Group decreased their price target on Oshkosh from $137.00 to $97.00 and set a "buy" rating for the company in a research report on Monday, April 7th. Raymond James lifted their price target on Oshkosh from $125.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Bank of America upped their price objective on shares of Oshkosh from $95.00 to $110.00 and gave the company an "underperform" rating in a research note on Monday, February 10th. Finally, Evercore ISI lifted their target price on shares of Oshkosh from $122.00 to $137.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $117.38.
Read Our Latest Report on OSK
Oshkosh Price Performance
Shares of OSK traded up $1.45 during midday trading on Tuesday, reaching $85.94. The stock had a trading volume of 764,892 shares, compared to its average volume of 588,841. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The company has a market capitalization of $5.55 billion, a P/E ratio of 8.30, a P/E/G ratio of 1.45 and a beta of 1.26. The firm's 50 day moving average price is $98.14 and its 200-day moving average price is $101.06. Oshkosh has a 52 week low of $76.82 and a 52 week high of $125.00.
Oshkosh (NYSE:OSK - Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, beating analysts' consensus estimates of $2.22 by $0.36. Oshkosh had a net margin of 6.34% and a return on equity of 19.31%. On average, analysts forecast that Oshkosh will post 10.96 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Oshkosh
A number of institutional investors have recently modified their holdings of OSK. Synovus Financial Corp lifted its holdings in Oshkosh by 0.4% during the 4th quarter. Synovus Financial Corp now owns 30,357 shares of the company's stock valued at $2,886,000 after purchasing an additional 106 shares during the last quarter. Coppell Advisory Solutions LLC increased its holdings in shares of Oshkosh by 52.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after buying an additional 110 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Oshkosh by 3.9% in the fourth quarter. Captrust Financial Advisors now owns 3,259 shares of the company's stock valued at $310,000 after acquiring an additional 122 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Oshkosh by 91.4% in the 1st quarter. Parallel Advisors LLC now owns 266 shares of the company's stock worth $25,000 after acquiring an additional 127 shares in the last quarter. Finally, Blue Trust Inc. grew its position in Oshkosh by 108.7% during the 4th quarter. Blue Trust Inc. now owns 265 shares of the company's stock worth $27,000 after acquiring an additional 138 shares during the last quarter. Institutional investors own 92.36% of the company's stock.
About Oshkosh
(
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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.
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