Equities research analysts expect Oshkosh Co. (NYSE:OSK – Get Rating) to post sales of $1.87 billion for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for Oshkosh’s earnings, with the lowest sales estimate coming in at $1.79 billion and the highest estimate coming in at $1.94 billion. Oshkosh posted sales of $1.89 billion during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.1%. The business is scheduled to issue its next earnings report before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Oshkosh will report full-year sales of $8.35 billion for the current financial year, with estimates ranging from $8.16 billion to $8.57 billion. For the next fiscal year, analysts forecast that the business will post sales of $9.04 billion, with estimates ranging from $8.52 billion to $9.41 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Oshkosh.
Oshkosh (NYSE:OSK – Get Rating) last released its earnings results on Wednesday, January 26th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.10). The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.65 billion. Oshkosh had a return on equity of 10.32% and a net margin of 5.15%. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.13 EPS.
Shares of Oshkosh stock opened at $97.38 on Friday. The company has a quick ratio of 1.46, a current ratio of 2.05 and a debt-to-equity ratio of 0.25. The firm has a market cap of $6.51 billion, a PE ratio of 16.51, a P/E/G ratio of 0.57 and a beta of 1.39. The business’s fifty day moving average is $105.10 and its two-hundred day moving average is $109.59. Oshkosh has a fifty-two week low of $93.06 and a fifty-two week high of $137.47.
The firm also recently announced a quarterly dividend, which was paid on Friday, February 25th. Stockholders of record on Friday, February 11th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date was Thursday, February 10th. Oshkosh’s dividend payout ratio (DPR) is presently 25.08%.
In other news, SVP Thomas P. Hawkins sold 3,500 shares of the company’s stock in a transaction dated Monday, January 31st. The shares were sold at an average price of $112.47, for a total transaction of $393,645.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.64% of the company’s stock.
A number of institutional investors and hedge funds have recently modified their holdings of OSK. Tributary Capital Management LLC increased its stake in shares of Oshkosh by 10.5% during the first quarter. Tributary Capital Management LLC now owns 4,592 shares of the company’s stock valued at $462,000 after buying an additional 437 shares during the period. Naviter Wealth LLC raised its position in Oshkosh by 55.6% during the first quarter. Naviter Wealth LLC now owns 32,450 shares of the company’s stock valued at $3,266,000 after acquiring an additional 11,601 shares in the last quarter. Strs Ohio increased its position in shares of Oshkosh by 520.1% in the first quarter. Strs Ohio now owns 118,075 shares of the company’s stock valued at $11,884,000 after buying an additional 99,034 shares in the last quarter. Inspire Investing LLC purchased a new stake in shares of Oshkosh in the first quarter valued at approximately $233,000. Finally, 17 Capital Partners LLC purchased a new stake in shares of Oshkosh during the first quarter worth approximately $897,000. Institutional investors own 96.47% of the company’s stock.
Oshkosh Company Profile (Get Rating)
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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