Oshkosh (NYSE:OSK) Rating Increased to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Oshkosh from “hold” to “buy.” MarketBeat’s analyst consensus is “Moderate Buy,” with 11 Buy, five Hold, and one Sell rating, and an average price target of $171.33.
• Oshkosh reported quarterly EPS of $2.87, beating estimates of $2.63, while revenue rose 6.7% year over year to $2.92 billion and exceeded expectations.
• Institutional investors and hedge funds own 92.36% of Oshkosh’s shares, while the stock recently opened at $156.96 and has traded between $116.77 and $180.49 over the past year.

Oshkosh (NYSE:OSK - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

OSK has been the subject of several other research reports. JPMorgan Chase & Co. increased their price objective on shares of Oshkosh from $145.00 to $150.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Robert W. Baird lifted their target price on shares of Oshkosh from $172.00 to $180.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Weiss Ratings raised shares of Oshkosh from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, July 13th. Morgan Stanley lowered their price target on Oshkosh from $157.00 to $150.00 and set an "equal weight" rating for the company in a report on Tuesday, May 12th. Finally, Evercore reissued an "outperform" rating and issued a $181.00 price objective on shares of Oshkosh in a research report on Monday, May 11th. Eleven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $171.33.

Oshkosh Stock Performance

NYSE OSK opened at $156.96 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.72 and a quick ratio of 0.96. Oshkosh has a 1-year low of $116.77 and a 1-year high of $180.49. The firm has a market capitalization of $9.69 billion, a P/E ratio of 17.96, a P/E/G ratio of 0.94 and a beta of 1.25. The business's 50-day simple moving average is $147.59 and its 200-day simple moving average is $148.35.

Oshkosh (NYSE:OSK - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.63 by $0.24. Oshkosh had a net margin of 5.24% and a return on equity of 12.95%. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.80 billion. During the same quarter in the prior year, the company earned $3.41 EPS. The company's revenue was up 6.7% on a year-over-year basis. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts predict that Oshkosh will post 10.72 EPS for the current year.

Institutional Investors Weigh In On Oshkosh

A number of hedge funds have recently bought and sold shares of the business. Tower View Wealth Management LLC acquired a new position in shares of Oshkosh in the 1st quarter valued at approximately $29,000. Torren Management LLC acquired a new stake in shares of Oshkosh during the fourth quarter worth approximately $30,000. Fiduciary Financial Advisors acquired a new stake in shares of Oshkosh during the second quarter worth approximately $38,000. Whittier Trust Co. increased its stake in shares of Oshkosh by 33.7% in the first quarter. Whittier Trust Co. now owns 373 shares of the company's stock worth $55,000 after buying an additional 94 shares during the last quarter. Finally, Basepoint Wealth LLC bought a new stake in shares of Oshkosh in the fourth quarter worth $51,000. Institutional investors and hedge funds own 92.36% of the company's stock.

About Oshkosh

Oshkosh Corporation NYSE: OSK is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company's offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.

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