Oshkosh (NYSE:OSK) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Oshkosh (NYSE:OSKFree Report) from a hold rating to a buy rating in a report issued on Saturday.

Several other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. DA Davidson lifted their target price on shares of Oshkosh from $168.00 to $176.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Truist Financial lifted their target price on shares of Oshkosh from $176.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Zacks Research cut shares of Oshkosh from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley cut their price target on Oshkosh from $157.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 12th. Eleven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $171.33.

Read Our Latest Report on OSK

Oshkosh Price Performance

Shares of OSK stock opened at $156.96 on Friday. The firm has a market cap of $9.69 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 0.96 and a beta of 1.25. Oshkosh has a 12 month low of $116.77 and a 12 month high of $180.49. 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 stock has a 50-day moving average price of $147.59 and a 200 day moving average price of $148.35.

Oshkosh (NYSE:OSKGet Free Report) last released its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.24. The company had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.80 billion. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The company’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the company posted $3.41 EPS. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Research analysts expect that Oshkosh will post 10.72 EPS for the current year.

Oshkosh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, August 13th. Oshkosh’s dividend payout ratio (DPR) is currently 26.09%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of OSK. Tower View Wealth Management LLC acquired a new stake in Oshkosh in the first quarter worth $29,000. Torren Management LLC bought a new position in shares of Oshkosh during the fourth quarter worth $30,000. Fiduciary Financial Advisors acquired a new position in shares of Oshkosh in the 2nd quarter valued at $38,000. Basepoint Wealth LLC acquired a new position in shares of Oshkosh in the 4th quarter valued at $51,000. Finally, Global Retirement Partners LLC increased its position in shares of Oshkosh by 284.9% in the 4th quarter. Global Retirement Partners LLC now owns 408 shares of the company’s stock valued at $51,000 after buying an additional 302 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

About Oshkosh

(Get Free Report)

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.

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Analyst Recommendations for Oshkosh (NYSE:OSK)

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