Oshkosh Co. (NYSE:OSK – Get Rating) – Stock analysts at KeyCorp lowered their Q2 2022 earnings per share (EPS) estimates for shares of Oshkosh in a research note issued to investors on Wednesday, April 27th. KeyCorp analyst S. Barger now anticipates that the company will earn $1.09 per share for the quarter, down from their prior estimate of $1.83. KeyCorp currently has a “Overweight” rating and a $130.00 target price on the stock. KeyCorp also issued estimates for Oshkosh’s Q3 2022 earnings at $2.37 EPS, Q4 2022 earnings at $1.92 EPS and FY2022 earnings at $5.62 EPS.
Oshkosh (NYSE:OSK – Get Rating) last announced its earnings results on Wednesday, April 27th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.16 by $0.08. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.88 billion. Oshkosh had a return on equity of 7.63% and a net margin of 3.84%. Oshkosh’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 EPS.
Shares of OSK opened at $92.44 on Monday. The company has a market capitalization of $6.18 billion, a P/E ratio of 20.87, a PEG ratio of 0.59 and a beta of 1.39. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 1.46. Oshkosh has a one year low of $90.56 and a one year high of $137.47. The business’s 50 day simple moving average is $102.90 and its 200-day simple moving average is $109.42.
Several institutional investors have recently modified their holdings of the business. Whittier Trust Co. raised its position in shares of Oshkosh by 6.0% during the 1st quarter. Whittier Trust Co. now owns 17,766 shares of the company’s stock valued at $1,788,000 after acquiring an additional 1,009 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Oshkosh by 17.3% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 8,507 shares of the company’s stock valued at $856,000 after buying an additional 1,254 shares during the period. SG Americas Securities LLC grew its holdings in shares of Oshkosh by 125.5% in the 1st quarter. SG Americas Securities LLC now owns 18,682 shares of the company’s stock valued at $1,880,000 after buying an additional 10,397 shares during the period. Park Avenue Securities LLC acquired a new position in shares of Oshkosh in the 1st quarter valued at $244,000. Finally, Braun Stacey Associates Inc. grew its holdings in shares of Oshkosh by 7.5% in the 1st quarter. Braun Stacey Associates Inc. now owns 8,600 shares of the company’s stock valued at $866,000 after buying an additional 600 shares during the period. Institutional investors own 96.47% of the company’s stock.
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 27th. Shareholders of record on Friday, May 13th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Thursday, May 12th. Oshkosh’s payout ratio is 33.41%.
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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