Equities analysts expect that Oshkosh Corporation (NYSE:OSK) will report earnings of $1.31 per share for the current quarter, Zacks reports. Nine analysts have made estimates for Oshkosh Corporation’s earnings, with estimates ranging from $1.22 to $1.40. Oshkosh Corporation reported earnings of $1.13 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 15.9%. The firm is expected to report its next quarterly earnings report before the market opens on Wednesday, August 2nd.
On average, analysts expect that Oshkosh Corporation will report full year earnings of $3.42 per share for the current fiscal year, with EPS estimates ranging from $3.35 to $3.53. For the next fiscal year, analysts forecast that the business will post earnings of $3.82 per share, with EPS estimates ranging from $3.69 to $4.00. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that cover Oshkosh Corporation.
Oshkosh Corporation (NYSE:OSK) last issued its quarterly earnings data on Wednesday, April 26th. The company reported $0.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.02. The business had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.62 billion. Oshkosh Corporation had a return on equity of 12.12% and a net margin of 3.30%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.76 EPS.
Several research firms recently issued reports on OSK. BidaskClub upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. Jefferies Group LLC reiterated a “buy” rating and set a $85.00 price objective on shares of Oshkosh Corporation in a report on Thursday, June 8th. ValuEngine upgraded shares of Oshkosh Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research lowered shares of Oshkosh Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Finally, Barrington Research upped their price objective on shares of Oshkosh Corporation from $75.00 to $86.00 and gave the company an “outperform” rating in a report on Thursday, April 27th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $70.36.
In other news, Director Steven Mizell sold 1,800 shares of the firm’s stock in a transaction dated Friday, April 28th. The shares were sold at an average price of $69.80, for a total value of $125,640.00. Following the completion of the sale, the director now directly owns 8,188 shares of the company’s stock, valued at approximately $571,522.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.00% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of OSK. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Oshkosh Corporation by 48.2% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,855 shares of the company’s stock valued at $120,000 after buying an additional 603 shares during the period. Invictus RG acquired a new stake in shares of Oshkosh Corporation during the first quarter valued at about $133,000. Advisors Asset Management Inc. raised its stake in shares of Oshkosh Corporation by 9.5% in the first quarter. Advisors Asset Management Inc. now owns 1,971 shares of the company’s stock valued at $135,000 after buying an additional 171 shares during the period. James Investment Research Inc. acquired a new stake in shares of Oshkosh Corporation during the first quarter valued at about $144,000. Finally, Raymond James Trust N.A. acquired a new stake in shares of Oshkosh Corporation during the first quarter valued at about $208,000. 94.75% of the stock is owned by institutional investors.
Shares of Oshkosh Corporation (NYSE:OSK) traded up 0.09% during mid-day trading on Tuesday, reaching $67.97. The company had a trading volume of 42,528 shares. The stock has a 50 day moving average of $66.03 and a 200-day moving average of $68.04. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 24.35 and a beta of 1.79. Oshkosh Corporation has a one year low of $44.01 and a one year high of $75.00.
Oshkosh Corporation Company Profile
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.
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