Oshkosh (OSK) to Release Quarterly Earnings on Friday

Oshkosh (NYSE:OSKGet Rating) will be issuing its quarterly earnings data on Friday, November 25th.

Oshkosh Trading Down 0.9 %

NYSE OSK opened at $92.91 on Thursday. The business has a 50 day simple moving average of $81.91 and a 200 day simple moving average of $84.12. Oshkosh has a one year low of $69.30 and a one year high of $125.16. The stock has a market capitalization of $6.08 billion, a P/E ratio of 67.82, a P/E/G ratio of 1.51 and a beta of 1.38. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 1.08.

Oshkosh Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Shareholders of record on Monday, November 14th will be issued a $0.37 dividend. The ex-dividend date is Thursday, November 10th. This represents a $1.48 annualized dividend and a yield of 1.59%. Oshkosh’s payout ratio is currently 108.03%.

Wall Street Analysts Forecast Growth

OSK has been the topic of several recent research reports. UBS Group cut their price target on Oshkosh from $125.00 to $114.00 and set a “buy” rating on the stock in a report on Tuesday, August 2nd. Credit Suisse Group increased their price target on Oshkosh from $95.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, October 28th. Raymond James increased their price target on Oshkosh from $85.00 to $95.00 and gave the stock an “outperform” rating in a report on Friday, October 28th. Deutsche Bank Aktiengesellschaft cut their price target on Oshkosh from $95.00 to $85.00 and set a “buy” rating on the stock in a report on Thursday, October 13th. Finally, KeyCorp raised their target price on Oshkosh from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, August 22nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $100.43.

Hedge Funds Weigh In On Oshkosh

Several hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors grew its position in shares of Oshkosh by 14.2% in the first quarter. Captrust Financial Advisors now owns 1,211 shares of the company’s stock valued at $122,000 after purchasing an additional 151 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Oshkosh by 0.7% during the third quarter. Public Employees Retirement System of Ohio now owns 35,841 shares of the company’s stock valued at $2,519,000 after buying an additional 260 shares during the period. CIBC Private Wealth Group LLC boosted its stake in Oshkosh by 0.3% during the third quarter. CIBC Private Wealth Group LLC now owns 118,227 shares of the company’s stock valued at $8,311,000 after buying an additional 317 shares during the period. Engineers Gate Manager LP boosted its stake in Oshkosh by 9.3% during the third quarter. Engineers Gate Manager LP now owns 4,455 shares of the company’s stock valued at $313,000 after buying an additional 379 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in Oshkosh by 15.4% during the second quarter. Massachusetts Financial Services Co. MA now owns 5,183 shares of the company’s stock valued at $426,000 after buying an additional 693 shares during the period. 91.52% of the stock is currently owned by hedge funds and other institutional investors.

Oshkosh Company Profile

(Get Rating)

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.

Further Reading

Earnings History for Oshkosh (NYSE:OSK)

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