Oshkosh Corporation (OSK) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Oshkosh Corporation (NYSE: OSK):

  • 8/9/2017 – Oshkosh Corporation had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $85.00 price target on the stock, up previously from $80.00.
  • 8/9/2017 – Oshkosh Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Medtec, Jerr-Dan, BAI, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, Con-E-Co, London and IMT. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. “
  • 8/8/2017 – Oshkosh Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $84.00 price target on the stock. According to Zacks, “Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Medtec, Jerr-Dan, BAI, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, Con-E-Co, London and IMT. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. “
  • 8/8/2017 – Oshkosh Corporation was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/4/2017 – Oshkosh Corporation was upgraded by analysts at Drexel Hamilton from a “hold” rating to a “buy” rating. They now have a $83.00 price target on the stock.
  • 8/3/2017 – Oshkosh Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $80.00 price target on the stock.
  • 8/3/2017 – Oshkosh Corporation had its price target raised by analysts at Royal Bank Of Canada from $80.00 to $85.00. They now have an “outperform” rating on the stock.
  • 8/3/2017 – Oshkosh Corporation was upgraded by analysts at Bank of America Corporation from an “underperform” rating to a “neutral” rating. They now have a $78.00 price target on the stock, up previously from $60.00.
  • 8/3/2017 – Oshkosh Corporation had its price target raised by analysts at Deutsche Bank AG from $79.00 to $80.00. They now have a “hold” rating on the stock.
  • 7/13/2017 – Oshkosh Corporation had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $85.00 price target on the stock.
  • 7/11/2017 – Oshkosh Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Medtec, Jerr-Dan, BAI, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, Con-E-Co, London and IMT. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. “
  • 7/7/2017 – Oshkosh Corporation was downgraded by analysts at Bank of America Corporation from a “neutral” rating to an “underperform” rating. They now have a $60.00 price target on the stock, down previously from $75.00.
  • 6/14/2017 – Oshkosh Corporation was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Oshkosh Corporation (NYSE OSK) traded down 0.17% during mid-day trading on Wednesday, hitting $74.92. The stock had a trading volume of 588,269 shares. The stock has a market cap of $5.60 billion, a PE ratio of 22.23 and a beta of 1.81. The firm’s 50-day moving average price is $68.51 and its 200-day moving average price is $68.23. Oshkosh Corporation has a 1-year low of $50.77 and a 1-year high of $75.58.

Oshkosh Corporation (NYSE:OSK) last announced its earnings results on Wednesday, August 2nd. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.51. Oshkosh Corporation had a return on equity of 14.49% and a net margin of 3.83%. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the previous year, the business earned $1.13 EPS. The company’s revenue was up 16.6% compared to the same quarter last year. On average, equities analysts expect that Oshkosh Corporation will post $3.95 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 18th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $0.84 annualized dividend and a yield of 1.12%. Oshkosh Corporation’s payout ratio is 25.07%.

In related news, Director Craig P. Omtvedt sold 7,050 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $74.82, for a total value of $527,481.00. Following the transaction, the director now owns 32,374 shares in the company, valued at $2,422,222.68. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Robert S. Messina sold 3,400 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $75.23, for a total value of $255,782.00. Following the completion of the transaction, the vice president now owns 12,558 shares in the company, valued at approximately $944,738.34. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,650 shares of company stock worth $1,324,031. 2.00% of the stock is owned by company insiders.

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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