Oshkosh (NYSE:OSK – Get Free Report) updated its FY24 earnings guidance on Wednesday. The company provided EPS guidance of $11.35 for the period, compared to the consensus EPS estimate of $11.40. The company issued revenue guidance of $10.60 billion, compared to the consensus revenue estimate of $10.51 billion. Oshkosh also updated its FY 2024 guidance to 11.350-11.350 EPS.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on OSK shares. JPMorgan Chase & Co. increased their price objective on shares of Oshkosh from $120.00 to $125.00 and gave the stock a “neutral” rating in a research report on Monday, October 14th. Stifel Nicolaus dropped their price target on Oshkosh from $140.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Jefferies Financial Group reduced their price objective on Oshkosh from $135.00 to $105.00 and set a “hold” rating for the company in a research report on Thursday, July 11th. Evercore ISI dropped their target price on Oshkosh from $137.00 to $119.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Finally, Truist Financial reduced their price target on Oshkosh from $126.00 to $114.00 and set a “hold” rating for the company in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $123.14.
Read Our Latest Research Report on OSK
Oshkosh Trading Up 0.9 %
Oshkosh (NYSE:OSK – Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.06. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Analysts predict that Oshkosh will post 11.35 earnings per share for the current year.
Oshkosh Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Friday, November 15th. Oshkosh’s dividend payout ratio (DPR) is 17.86%.
About Oshkosh
Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.
Read More
- Five stocks we like better than Oshkosh
- What is the Nasdaq? Complete Overview with History
- Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Meta’s Q3 Earnings Beat—Is This Dip a Golden Entry Opportunity?
- What is MarketRank™? How to Use it
- Top Nuclear Stocks Thriving on Soaring Energy Demand
Receive News & Ratings for Oshkosh Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oshkosh and related companies with MarketBeat.com's FREE daily email newsletter.