Oshkosh (NYSE:OSK) Stock Gets Downgrade from Wall Street Zen

Oshkosh (NYSE:OSK – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.

A number of other equities analysts also recently weighed in on OSK. Citigroup lowered their target price on shares of Oshkosh from $155.00 to $135.00 and set a “neutral” rating on the stock in a report on Monday, October 12th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Oshkosh in a research report on Friday, October 9th. Zacks Research cut shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 13th. Barclays lifted their price objective on shares of Oshkosh from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Oshkosh from $150.00 to $132.00 and set a “neutral” rating for the company in a research report on Thursday, October 8th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $165.79.

Read Our Latest Stock Analysis on OSK

Oshkosh Stock Down 0.1%

OSK stock opened at $131.57 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.72 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $141.45 and a two-hundred day moving average price of $142.40. The company has a market cap of $8.12 billion, a price-to-earnings ratio of 15.05, a P/E/G ratio of 1.00 and a beta of 1.26. Oshkosh has a twelve month low of $116.77 and a twelve month high of $180.49.

Oshkosh (NYSE:OSK – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.24. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%. The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the previous year, the firm earned $3.41 EPS. The business’s quarterly revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Analysts anticipate that Oshkosh will post 10.54 EPS for the current fiscal year.

Insider Buying and Selling at Oshkosh

In related news, Director John Pfeifer sold 778 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $150.00, for a total transaction of $116,700.00. Following the transaction, the director directly owned 150,669 shares of the company’s stock, valued at approximately $22,600,350. The trade was a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On Oshkosh

A number of large investors have recently added to or reduced their stakes in OSK. Jupiter Topco LLC acquired a new stake in shares of Oshkosh during the 2nd quarter worth about $6,218,000. Expect Equity LLC bought a new stake in shares of Oshkosh during the 2nd quarter worth about $3,565,000. Bank of America Corp DE bought a new stake in shares of Oshkosh during the 2nd quarter worth about $135,656,000. Paralel Advisors LLC bought a new stake in shares of Oshkosh during the 2nd quarter worth about $2,409,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Oshkosh in the 2nd quarter valued at about $6,588,000. Institutional investors own 92.36% of the company’s stock.

About Oshkosh

(Get Free Report)

Oshkosh Corporation (NYSE: OSK) is a manufacturer of specialty vehicles, vehicle bodies and related equipment for commercial, government and industrial customers. The company serves markets that require purpose-built vehicles designed for demanding operating conditions, including defense, emergency response, construction, aviation support and municipal services.

Oshkosh’s product portfolio includes military vehicles and systems, fire apparatus, airport rescue and firefighting vehicles, refuse collection vehicles, concrete mixers, snow and ice removal equipment, and other vocational trucks.

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Analyst Recommendations for Oshkosh (NYSE:OSK)

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