Oshkosh Co. (NYSE:OSK) Given Consensus Rating of “Moderate Buy” by Analysts

Oshkosh Co. (NYSE:OSK) has received an average recommendation of “Moderate Buy” from the thirteen research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $126.23.

Several brokerages have recently commented on OSK. Bank of America increased their price objective on Oshkosh from $95.00 to $110.00 and gave the company an “underperform” rating in a report on Monday, February 10th. Evercore ISI boosted their price target on Oshkosh from $122.00 to $137.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 19th. UBS Group increased their price objective on shares of Oshkosh from $125.00 to $137.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Truist Financial upped their price target on shares of Oshkosh from $109.00 to $118.00 and gave the company a “hold” rating in a research note on Friday, January 31st. Finally, KeyCorp boosted their price objective on shares of Oshkosh from $113.00 to $132.00 and gave the company an “overweight” rating in a report on Friday, January 31st.

Oshkosh Price Performance

Shares of Oshkosh stock opened at $102.92 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 1.51. Oshkosh has a one year low of $89.08 and a one year high of $127.98. The stock has a market cap of $6.64 billion, a price-to-earnings ratio of 9.94, a price-to-earnings-growth ratio of 1.45 and a beta of 1.22. The stock has a 50 day moving average price of $100.13 and a 200-day moving average price of $103.16.

Oshkosh (NYSE:OSK) last released its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. Equities analysts expect that Oshkosh will post 10.96 EPS for the current year.

Oshkosh Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be given a $0.51 dividend. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. This represents a $2.04 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Friday, February 14th. Oshkosh’s dividend payout ratio is presently 19.71%.

Institutional Trading of Oshkosh

Several institutional investors have recently added to or reduced their stakes in OSK. Blue Trust Inc. grew its position in Oshkosh by 108.7% in the fourth quarter. Blue Trust Inc. now owns 265 shares of the company’s stock worth $27,000 after buying an additional 138 shares during the last quarter. Coppell Advisory Solutions LLC lifted its stake in Oshkosh by 52.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company’s stock valued at $30,000 after buying an additional 110 shares in the last quarter. Hager Investment Management Services LLC acquired a new position in shares of Oshkosh in the fourth quarter worth about $32,000. Brooklyn Investment Group purchased a new position in shares of Oshkosh in the third quarter worth approximately $34,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Oshkosh during the fourth quarter valued at approximately $34,000. Institutional investors own 92.36% of the company’s stock.

Oshkosh Company Profile

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.