Oshkosh (NYSE:OSK) Given New $135.00 Price Target at Citigroup

Key Points

• Citigroup lowered Oshkosh’s price target to $135 from $155 while maintaining a “neutral” rating, implying approximately 6.57% upside from the stock’s $126.67 price.
• Analyst sentiment remains broadly positive: Oshkosh has a consensus “Moderate Buy” rating and an average price target of $165.79, based on 11 Buy and six Hold ratings.
• Oshkosh’s latest quarterly results exceeded expectations, with adjusted earnings of $2.87 per share versus the $2.63 consensus and revenue of $2.92 billion versus estimates of $2.80 billion.

Oshkosh (NYSE:OSK - Get Free Report) had its target price lowered by equities research analysts at Citigroup from $155.00 to $135.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has a "neutral" rating on the stock. Citigroup's target price indicates a potential upside of 6.57% from the stock's current price.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings reissued a "buy (b-)" rating on shares of Oshkosh in a research report on Friday. Zacks Research raised shares of Oshkosh from a "strong sell" rating to a "hold" rating in a research report on Friday, August 21st. Truist Financial cut their price target on shares of Oshkosh from $196.00 to $174.00 and set a "buy" rating on the stock in a research note on Monday, October 5th. Wall Street Zen upgraded shares of Oshkosh from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. Finally, Robert W. Baird lifted their price target on shares of Oshkosh from $172.00 to $180.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Oshkosh presently has a consensus rating of "Moderate Buy" and a consensus target price of $165.79.

Oshkosh Trading Up 1.2%

Shares of Oshkosh stock traded up $1.45 during trading hours on Monday, reaching $126.67. 554,649 shares of the company's stock were exchanged, compared to its average volume of 741,131. Oshkosh has a 52-week low of $116.77 and a 52-week high of $180.49. The firm has a market capitalization of $7.82 billion, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 0.92 and a beta of 1.26. The company has a fifty day moving average of $146.19 and a 200-day moving average of $143.47. The company has a current ratio of 1.72, a quick ratio of 0.96 and a debt-to-equity ratio of 0.13.

Oshkosh (NYSE:OSK - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.63 by $0.24. The firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.80 billion. Oshkosh had a return on equity of 12.95% and a net margin of 5.24%. The business's quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts forecast that Oshkosh will post 10.75 EPS for the current fiscal year.

Insider Transactions at Oshkosh

In other Oshkosh news, Director John Pfeifer sold 778 shares of the business's stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $150.00, for a total transaction of $116,700.00. Following the completion of the sale, the director directly owned 150,669 shares in the company, valued at $22,600,350. The trade was a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.64% of the company's stock.

Hedge Funds Weigh In On Oshkosh

A number of hedge funds have recently made changes to their positions in the business. Sacks & Associates LLC bought a new position in shares of Oshkosh in the third quarter worth about $271,000. GK Wealth Management LLC acquired a new position in shares of Oshkosh during the 3rd quarter worth about $47,000. GAMMA Investing LLC boosted its stake in Oshkosh by 17.0% during the 3rd quarter. GAMMA Investing LLC now owns 1,262 shares of the company's stock valued at $163,000 after purchasing an additional 183 shares during the period. Farther Finance Advisors LLC boosted its stake in Oshkosh by 56.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,832 shares of the company's stock valued at $236,000 after purchasing an additional 662 shares during the period. Finally, Valeo Financial Advisors LLC bought a new stake in Oshkosh during the 3rd quarter valued at approximately $208,000. Hedge funds and other institutional investors own 92.36% of the company's stock.

Oshkosh Company Profile

Oshkosh Corporation NYSE: OSK is a specialty vehicle and equipment manufacturer headquartered in Oshkosh, Wisconsin. Founded in 1917, the company develops products for demanding applications in construction, infrastructure, emergency response, defense, and other commercial and industrial markets.

Its products include access equipment such as aerial work platforms and telehandlers, vocational trucks and truck bodies, refuse and concrete equipment, airport ground-support vehicles, and fire and emergency vehicles.

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