Oshkosh (NYSE:OSK) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Oshkosh from “Buy” to “Hold,” though the broader analyst consensus remains “Moderate Buy,” with 11 Buy, five Hold and one Sell rating and an average price target of $171.33.
• Oshkosh shares opened at $155.44, with a $9.60 billion market capitalization and a 52-week range of $116.77 to $180.49.
• The company exceeded quarterly expectations, reporting $2.87 in earnings per share versus a $2.63 consensus estimate and $2.92 billion in revenue, up 6.7% year over year.

Oshkosh (NYSE:OSK - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued on Sunday.

Other equities analysts have also recently issued reports about the company. Barclays raised their price objective on Oshkosh from $150.00 to $170.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Zacks Research downgraded shares of Oshkosh from a "hold" rating to a "strong sell" rating in a report on Thursday, July 23rd. Morgan Stanley dropped their price target on shares of Oshkosh from $157.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Tuesday, May 12th. Truist Financial boosted their price target on shares of Oshkosh from $176.00 to $190.00 and gave the stock a "buy" rating in a report on Thursday, July 2nd. Finally, DA Davidson upped their price objective on shares of Oshkosh from $168.00 to $176.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $171.33.

Oshkosh Stock Performance

Shares of OSK opened at $155.44 on Friday. The firm has a market capitalization of $9.60 billion, a P/E ratio of 17.78, a P/E/G ratio of 0.95 and a beta of 1.25. Oshkosh has a 52 week low of $116.77 and a 52 week high of $180.49. The stock has a 50 day moving average price of $143.25 and a two-hundred day moving average price of $148.16. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.96 and a current ratio of 1.72.

Oshkosh (NYSE:OSK - Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $2.87 earnings per share for the quarter, beating analysts' consensus estimates of $2.63 by $0.24. The company had revenue of $2.92 billion for 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 company's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the company earned $3.41 earnings per share. Oshkosh has set its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts forecast that Oshkosh will post 10.72 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Duncan Palmer sold 505 shares of Oshkosh stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total transaction of $67,599.30. Following the sale, the director directly owned 39,684 shares in the company, valued at $5,312,100.24. The trade was a 1.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.64% of the stock is currently owned by corporate insiders.

Institutional Trading of Oshkosh

A number of large investors have recently added to or reduced their stakes in OSK. Thrivent Financial for Lutherans increased its stake in shares of Oshkosh by 1,945.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 425,600 shares of the company's stock worth $53,468,000 after purchasing an additional 404,788 shares during the last quarter. Y Intercept Hong Kong Ltd raised its holdings in shares of Oshkosh by 84.7% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 54,593 shares of the company's stock worth $8,037,000 after purchasing an additional 25,037 shares during the period. LSV Asset Management lifted its stake in Oshkosh by 0.9% in the fourth quarter. LSV Asset Management now owns 1,913,769 shares of the company's stock valued at $240,427,000 after purchasing an additional 17,944 shares during the last quarter. California State Teachers Retirement System lifted its stake in Oshkosh by 21.9% in the first quarter. California State Teachers Retirement System now owns 74,153 shares of the company's stock valued at $10,916,000 after purchasing an additional 13,344 shares during the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in Oshkosh during the fourth quarter valued at $7,432,000. Hedge funds and other institutional investors 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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