DA Davidson Issues Optimistic Estimate for Oshkosh Earnings

Key Points

• DA Davidson has raised its FY2026 earnings per share estimate for Oshkosh to $13.00, up from $12.29, while maintaining a "Buy" rating and a price target of $148.00.
• Oshkosh reported a quarterly earnings miss of $1.92 per share, below the consensus estimate of $2.02, along with a revenue decline of 9.1% year-over-year.
• Oshkosh's average rating is a "Moderate Buy," with an overall consensus price target of $129.69, amid varying price targets set by multiple analysts.

Oshkosh Corporation (NYSE:OSK - Free Report) - DA Davidson upped their FY2026 earnings per share estimates for shares of Oshkosh in a report released on Wednesday, July 23rd. DA Davidson analyst M. Shlisky now expects that the company will post earnings per share of $13.00 for the year, up from their previous estimate of $12.29. DA Davidson has a "Buy" rating and a $148.00 price target on the stock. The consensus estimate for Oshkosh's current full-year earnings is $10.96 per share.

Oshkosh (NYSE:OSK - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.02 by ($0.10). Oshkosh had a net margin of 5.84% and a return on equity of 17.22%. The company had revenue of $2.31 billion for the quarter, compared to analysts' expectations of $2.42 billion. During the same period in the previous year, the firm earned $2.89 earnings per share. The firm's revenue for the quarter was down 9.1% on a year-over-year basis.

Other equities research analysts have also issued research reports about the stock. Evercore ISI upped their price target on shares of Oshkosh from $137.00 to $147.00 and gave the company an "outperform" rating in a research report on Monday, May 19th. Bank of America lifted their price target on shares of Oshkosh from $90.00 to $103.00 and gave the stock an "underperform" rating in a research note on Friday, June 6th. Robert W. Baird upped their price objective on Oshkosh from $135.00 to $169.00 and gave the stock an "outperform" rating in a research note on Friday, June 6th. KeyCorp lowered their target price on Oshkosh from $132.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Finally, UBS Group lifted their price objective on Oshkosh from $119.00 to $149.00 and gave the company a "buy" rating in a research report on Thursday, July 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, Oshkosh has an average rating of "Moderate Buy" and a consensus target price of $129.69.

Oshkosh Stock Performance

OSK stock opened at $127.92 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 0.86. Oshkosh has a 1 year low of $76.82 and a 1 year high of $129.02. The company has a market cap of $8.23 billion, a P/E ratio of 13.67, a price-to-earnings-growth ratio of 2.06 and a beta of 1.43. The stock's fifty day moving average price is $112.74 and its 200-day moving average price is $101.67.

Oshkosh Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were given a dividend of $0.51 per share. The ex-dividend date was Friday, May 16th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.59%. Oshkosh's dividend payout ratio is 21.79%.

Hedge Funds Weigh In On Oshkosh

Several institutional investors have recently bought and sold shares of OSK. Parallel Advisors LLC boosted its holdings in shares of Oshkosh by 91.4% during the 1st quarter. Parallel Advisors LLC now owns 266 shares of the company's stock valued at $25,000 after purchasing an additional 127 shares during the last quarter. CX Institutional bought a new position in Oshkosh during the first quarter valued at approximately $28,000. Golden State Wealth Management LLC grew its holdings in Oshkosh by 147.6% during the 1st quarter. Golden State Wealth Management LLC now owns 312 shares of the company's stock valued at $30,000 after buying an additional 186 shares in the last quarter. Coppell Advisory Solutions LLC increased its stake in Oshkosh by 52.1% in the 4th quarter. Coppell Advisory Solutions LLC now owns 321 shares of the company's stock worth $30,000 after acquiring an additional 110 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Oshkosh by 21.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 593 shares of the company's stock worth $67,000 after acquiring an additional 106 shares in the last quarter. 92.36% of the stock is owned by hedge funds and other institutional investors.

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.

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