Oshkosh (NYSE:OSK - Get Rating) will be releasing its earnings data on Friday, November 25th.
Oshkosh Stock Down 0.9 %
Shares of OSK opened at $92.91 on Thursday. The company has a market capitalization of $6.08 billion, a PE ratio of 67.82, a PEG ratio of 1.51 and a beta of 1.38. Oshkosh has a 12 month low of $69.30 and a 12 month high of $125.16. The stock's 50-day moving average price is $81.91 and its two-hundred day moving average price is $84.12. The company has a current ratio of 1.81, a quick ratio of 1.08 and a debt-to-equity ratio of 0.21.
Oshkosh Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 28th. Stockholders of record on Monday, November 14th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Thursday, November 10th. Oshkosh's dividend payout ratio is 108.03%.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on OSK shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Oshkosh from $95.00 to $85.00 and set a "buy" rating on the stock in a research note on Thursday, October 13th. Credit Suisse Group boosted their price objective on Oshkosh from $95.00 to $99.00 and gave the company an "outperform" rating in a research note on Friday, October 28th. StockNews.com raised Oshkosh from a "hold" rating to a "buy" rating in a research note on Friday, November 11th. Raymond James upped their price target on Oshkosh from $85.00 to $95.00 and gave the stock an "outperform" rating in a research note on Friday, October 28th. Finally, Morgan Stanley dropped their price target on Oshkosh from $105.00 to $98.00 and set an "overweight" rating on the stock in a research note on Thursday, October 13th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Oshkosh presently has a consensus rating of "Hold" and an average target price of $100.43.
Institutional Trading of Oshkosh
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors increased its holdings in Oshkosh by 14.2% during the 1st quarter. Captrust Financial Advisors now owns 1,211 shares of the company's stock worth $122,000 after purchasing an additional 151 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in Oshkosh by 0.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 35,841 shares of the company's stock worth $2,519,000 after purchasing an additional 260 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Oshkosh by 0.3% in the third quarter. CIBC Private Wealth Group LLC now owns 118,227 shares of the company's stock valued at $8,311,000 after acquiring an additional 317 shares in the last quarter. Engineers Gate Manager LP grew its holdings in shares of Oshkosh by 9.3% in the third quarter. Engineers Gate Manager LP now owns 4,455 shares of the company's stock valued at $313,000 after acquiring an additional 379 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Oshkosh by 15.4% in the second quarter. Massachusetts Financial Services Co. MA now owns 5,183 shares of the company's stock valued at $426,000 after acquiring an additional 693 shares in the last quarter. 91.52% of the stock is owned by institutional investors.
Oshkosh Company Profile
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales.
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