Oshkosh Co. (NYSE:OSK) Receives $126.23 Average Price Target from Brokerages

Shares of Oshkosh Co. (NYSE:OSK) have earned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $126.23.

Several research analysts have issued reports on OSK shares. Bank of America increased their price objective on Oshkosh from $95.00 to $110.00 and gave the stock an “underperform” rating in a research note on Monday, February 10th. UBS Group lifted their price objective on Oshkosh from $125.00 to $137.00 and gave the company a “buy” rating in a report on Monday, February 3rd. KeyCorp increased their price objective on shares of Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. 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 report on Wednesday, February 19th. Finally, Raymond James increased their target price on shares of Oshkosh from $125.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st.

Institutional Trading of Oshkosh

Institutional investors have recently made changes to their positions in the company. Blue Trust Inc. grew its position in shares of 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. Coppell Advisory Solutions LLC grew its holdings in Oshkosh by 52.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company’s stock valued at $30,000 after purchasing an additional 110 shares during the period. Hager Investment Management Services LLC bought a new stake in shares of Oshkosh in the fourth quarter valued at $32,000. Brooklyn Investment Group purchased a new position in shares of Oshkosh during the 3rd quarter valued at $34,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Oshkosh during the 4th quarter worth $34,000. Institutional investors own 92.36% of the company’s stock.

Oshkosh Stock Down 0.0 %

OSK stock opened at $102.92 on Friday. The firm has a market cap of $6.64 billion, a PE ratio of 9.94, a PEG ratio of 1.45 and a beta of 1.22. The company has a fifty day simple moving average of $100.13 and a 200 day simple moving average of $103.16. Oshkosh has a 1 year low of $89.08 and a 1 year high of $127.98. The company has a current ratio of 1.51, a quick ratio of 0.76 and a debt-to-equity ratio of 0.14.

Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, topping 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%. Sell-side analysts anticipate that Oshkosh will post 10.96 EPS for the current fiscal year.

Oshkosh Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 17th will be given 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 annualized dividend and a dividend yield of 1.98%. Oshkosh’s payout ratio is presently 19.71%.

About Oshkosh

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.