Oshkosh (NYSE:OSK) Stock Rating Upgraded by Wall Street Zen

Oshkosh (NYSE:OSK) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

Other equities research analysts have also recently issued research reports about the company. Argus cut their price target on Oshkosh from $175.00 to $160.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Barclays started coverage on shares of Oshkosh in a report on Tuesday, November 25th. They issued an “overweight” rating and a $150.00 target price on the stock. Sanford C. Bernstein lifted their price target on shares of Oshkosh from $132.00 to $140.00 and gave the company a “market perform” rating in a research report on Friday, December 19th. Morgan Stanley upped their price objective on Oshkosh from $136.00 to $147.00 and gave the company an “equal weight” rating in a report on Wednesday, December 10th. Finally, UBS Group cut their target price on Oshkosh from $165.00 to $163.00 and set a “buy” rating for the company in a research note on Monday, January 5th. Thirteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Oshkosh presently has an average rating of “Moderate Buy” and an average price target of $151.31.

Oshkosh Stock Down 0.7%

NYSE OSK opened at $152.33 on Friday. Oshkosh has a 12 month low of $76.82 and a 12 month high of $155.71. The company has a current ratio of 1.98, a quick ratio of 0.99 and a debt-to-equity ratio of 0.24. The stock has a market cap of $9.63 billion, a PE ratio of 14.86, a P/E/G ratio of 2.07 and a beta of 1.41. The stock’s 50 day moving average is $131.98 and its 200 day moving average is $132.15.

Oshkosh (NYSE:OSK) last posted its earnings results on Wednesday, October 29th. The company reported $3.20 earnings per share for the quarter, beating the consensus estimate of $3.12 by $0.08. Oshkosh had a net margin of 6.43% and a return on equity of 16.60%. The company had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.84 billion. During the same period last year, the company posted $2.93 earnings per share. Oshkosh’s quarterly revenue was down 1.9% on a year-over-year basis. Oshkosh has set its FY 2025 guidance at 10.500-11.000 EPS. Research analysts predict that Oshkosh will post 10.96 EPS for the current fiscal year.

Institutional Investors Weigh In On Oshkosh

Hedge funds have recently modified their holdings of the business. Harbor Capital Advisors Inc. bought a new position in Oshkosh in the 3rd quarter worth $26,000. Blue Trust Inc. lifted its position in shares of Oshkosh by 471.1% during the 3rd quarter. Blue Trust Inc. now owns 217 shares of the company’s stock valued at $28,000 after buying an additional 179 shares in the last quarter. SJS Investment Consulting Inc. grew its stake in shares of Oshkosh by 3,014.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 218 shares of the company’s stock valued at $28,000 after acquiring an additional 211 shares during the period. Abich Financial Wealth Management LLC bought a new position in shares of Oshkosh during the 3rd quarter valued at approximately $29,000. Finally, Whittier Trust Co. increased its holdings in Oshkosh by 69.1% in the 2nd quarter. Whittier Trust Co. now owns 279 shares of the company’s stock worth $32,000 after acquiring an additional 114 shares in the last quarter. Institutional investors own 92.36% of the company’s stock.

Oshkosh Company Profile

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.