Oshkosh Corp (NYSE:OSK) – Research analysts at SunTrust Banks boosted their Q4 2018 earnings per share (EPS) estimates for Oshkosh in a report issued on Thursday, according to Zacks Investment Research. SunTrust Banks analyst C. Brady now anticipates that the company will post earnings per share of $1.38 for the quarter, up from their previous estimate of $1.31. SunTrust Banks has a “Buy” rating on the stock. SunTrust Banks also issued estimates for Oshkosh’s Q2 2019 earnings at $1.33 EPS and Q4 2019 earnings at $1.66 EPS.
OSK has been the topic of a number of other reports. ValuEngine raised Oshkosh from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Evercore ISI raised Oshkosh from an “in-line” rating to an “outperform” rating in a report on Friday. JPMorgan Chase & Co. boosted their price target on Oshkosh from $80.00 to $88.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Robert W. Baird reissued a “buy” rating and issued a $97.00 price target on shares of Oshkosh in a report on Wednesday, November 1st. Finally, KeyCorp reissued an “overweight” rating and issued a $100.00 price target (up from $90.00) on shares of Oshkosh in a report on Wednesday, November 1st. Three analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $94.54.
Oshkosh (NYSE:OSK) opened at $86.15 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.86 and a debt-to-equity ratio of 0.35. Oshkosh has a twelve month low of $61.74 and a twelve month high of $100.26. The company has a market capitalization of $6,480.00, a P/E ratio of 20.27, a P/E/G ratio of 1.12 and a beta of 1.53.
Oshkosh (NYSE:OSK) last announced its quarterly earnings data on Thursday, January 25th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.29. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.43 billion. Oshkosh had a return on equity of 16.64% and a net margin of 4.48%. The firm’s revenue was up 31.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.26 EPS.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Monday, February 12th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.96 annualized dividend and a dividend yield of 1.11%. Oshkosh’s dividend payout ratio (DPR) is 22.59%.
In related news, 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 transaction of $457,151.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP R Scott Grennier sold 900 shares of the stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $86.18, for a total value of $77,562.00. Following the sale, the vice president now owns 3,581 shares in the company, valued at approximately $308,610.58. The disclosure for this sale can be found here. Insiders have sold a total of 97,586 shares of company stock worth $8,455,440 over the last ninety days. Insiders own 1.60% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in OSK. Laurion Capital Management LP purchased a new stake in Oshkosh during the 2nd quarter valued at $311,000. Vanguard Group Inc. raised its holdings in Oshkosh by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 7,019,731 shares of the company’s stock valued at $483,519,000 after buying an additional 251,809 shares during the period. FMR LLC raised its holdings in Oshkosh by 89.3% during the 2nd quarter. FMR LLC now owns 10,600 shares of the company’s stock valued at $730,000 after buying an additional 5,000 shares during the period. M&T Bank Corp raised its holdings in Oshkosh by 1.2% during the 2nd quarter. M&T Bank Corp now owns 5,135 shares of the company’s stock valued at $353,000 after buying an additional 61 shares during the period. Finally, Nordea Investment Management AB purchased a new stake in Oshkosh during the 2nd quarter valued at $1,919,000. Institutional investors own 93.08% of the company’s stock.
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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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