Somewhat Positive Press Coverage Somewhat Unlikely to Affect Oshkosh (OSK) Share Price
Media headlines about Oshkosh (NYSE:OSK) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oshkosh earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.893776278214 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Oshkosh Corp (OSK) Expected to Announce Earnings of $1.06 Per Share (americanbankingnews.com)
- Oshkosh wins $476 million U.S. defense contract: Pentagon (reuters.com)
- Oshkosh wins $476 mln U.S. defense contract -Pentagon (finance.yahoo.com)
- The U.S. Army Awards Oshkosh Defense the Contract for the Family of Medium Vehicles A2 Variant (markets.financialcontent.com)
- L Brands, Inc. (LB) Stocks with Considerable Review- Oshkosh Corporation (OSK) – Investing News Update (investingbizz.com)
OSK has been the subject of several analyst reports. Robert W. Baird restated a “buy” rating and issued a $97.00 price objective on shares of Oshkosh in a research note on Wednesday, November 1st. SunTrust Banks restated a “buy” rating on shares of Oshkosh in a research note on Friday, January 26th. ValuEngine upgraded Oshkosh from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Royal Bank of Canada restated a “buy” rating and issued a $100.00 price objective on shares of Oshkosh in a research note on Thursday, November 2nd. Finally, Jefferies Group upped their price objective on Oshkosh from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Three investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Oshkosh has a consensus rating of “Buy” and an average target price of $94.54.
Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Thursday, January 25th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.29. Oshkosh had a return on equity of 16.64% and a net margin of 4.48%. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the business posted $0.26 EPS. Oshkosh’s revenue for the quarter was up 31.0% compared to the same quarter last year. equities analysts expect that Oshkosh will post 5.32 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Shareholders of record on Monday, February 12th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.96 dividend on an annualized basis and a yield of 1.15%. Oshkosh’s payout ratio is presently 22.64%.
In other Oshkosh news, Director Duncan Palmer sold 1,500 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $91.93, for a total value of $137,895.00. Following the completion of the sale, the director now owns 23,095 shares in the company, valued at approximately $2,123,123.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Colleen R. Moynihan sold 5,325 shares of the stock in a transaction on Monday, November 27th. The stock was sold at an average price of $85.85, for a total value of $457,151.25. The disclosure for this sale can be found here. Insiders sold a total of 100,955 shares of company stock valued at $8,744,467 in the last quarter. 2.00% of the stock is currently owned by company insiders.
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Oshkosh Company Profile
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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