Oshkosh (NYSE:OSK - Get Free Report) had its price target lifted by research analysts at Raymond James from $125.00 to $130.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Raymond James' price objective suggests a potential upside of 16.68% from the company's previous close.
OSK has been the subject of several other research reports. UBS Group cut their price objective on Oshkosh from $129.00 to $125.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. KeyCorp lifted their price target on shares of Oshkosh from $113.00 to $132.00 and gave the stock an "overweight" rating in a research note on Friday. JPMorgan Chase & Co. decreased their target price on shares of Oshkosh from $125.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 14th. Robert W. Baird dropped their price target on shares of Oshkosh from $171.00 to $160.00 and set an "outperform" rating for the company in a research report on Thursday, October 31st. Finally, Truist Financial increased their target price on Oshkosh from $109.00 to $118.00 and gave the stock a "hold" rating in a report on Friday. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Oshkosh presently has a consensus rating of "Moderate Buy" and an average price target of $125.00.
Get Our Latest Stock Report on OSK
Oshkosh Stock Down 1.3 %
OSK stock traded down $1.43 during trading hours on Friday, hitting $111.42. The company's stock had a trading volume of 930,321 shares, compared to its average volume of 753,237. The stock has a 50 day moving average price of $99.75 and a two-hundred day moving average price of $102.98. Oshkosh has a 12 month low of $89.08 and a 12 month high of $127.98. The company has a market capitalization of $7.25 billion, a PE ratio of 10.77, a price-to-earnings-growth ratio of 1.97 and a beta of 1.22. 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 (NYSE:OSK - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The company reported $2.58 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%. On average, equities research analysts expect that Oshkosh will post 11 earnings per share for the current year.
Hedge Funds Weigh In On Oshkosh
A number of large investors have recently modified their holdings of OSK. Greenhaven Associates Inc. increased its holdings in shares of Oshkosh by 0.6% in the fourth quarter. Greenhaven Associates Inc. now owns 2,552,106 shares of the company's stock valued at $242,629,000 after purchasing an additional 15,622 shares in the last quarter. FMR LLC raised its position in shares of Oshkosh by 3.3% during the third quarter. FMR LLC now owns 1,223,891 shares of the company's stock worth $122,646,000 after acquiring an additional 39,235 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Oshkosh by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,089,930 shares of the company's stock valued at $109,250,000 after acquiring an additional 10,357 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Oshkosh by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 684,171 shares of the company's stock valued at $68,561,000 after acquiring an additional 4,974 shares during the period. Finally, Equity Investment Corp boosted its holdings in Oshkosh by 1.5% in the third quarter. Equity Investment Corp now owns 588,884 shares of the company's stock valued at $59,012,000 after acquiring an additional 8,611 shares during the last quarter. 92.36% of the stock is currently owned by institutional investors and hedge funds.
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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