Wall Street brokerages expect Oshkosh Co. (NYSE:OSK – Get Rating) to post $2.20 billion in sales for the current fiscal quarter, Zacks reports. Nine analysts have issued estimates for Oshkosh’s earnings. The highest sales estimate is $2.30 billion and the lowest is $1.95 billion. Oshkosh posted sales of $2.21 billion during the same quarter last year, which would indicate a negative year-over-year growth rate of 0.5%. The business is scheduled to issue its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Oshkosh will report full-year sales of $8.42 billion for the current year, with estimates ranging from $8.29 billion to $8.56 billion. For the next year, analysts expect that the business will report sales of $9.08 billion, with estimates ranging from $8.59 billion to $9.52 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow Oshkosh.
Oshkosh (NYSE:OSK – Get Rating) last posted its quarterly earnings results on Wednesday, April 27th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.07. Oshkosh had a return on equity of 7.63% and a net margin of 3.84%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter last year, the company earned $1.48 EPS. Oshkosh’s revenue for the quarter was up 3.0% compared to the same quarter last year.
NYSE:OSK opened at $88.19 on Friday. The stock’s 50 day moving average price is $100.43 and its 200 day moving average price is $108.72. Oshkosh has a 52-week low of $85.93 and a 52-week high of $137.47. The company has a market capitalization of $5.80 billion, a PE ratio of 19.80, a P/E/G ratio of 0.62 and a beta of 1.36. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 0.20.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 27th. Stockholders of record on Friday, May 13th will be issued a $0.37 dividend. The ex-dividend date is Thursday, May 12th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.68%. Oshkosh’s dividend payout ratio (DPR) is 33.41%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. National Bank of Canada FI acquired a new position in shares of Oshkosh in the fourth quarter worth $25,000. O Shaughnessy Asset Management LLC raised its holdings in shares of Oshkosh by 373.6% in the third quarter. O Shaughnessy Asset Management LLC now owns 341 shares of the company’s stock worth $35,000 after acquiring an additional 269 shares during the last quarter. KRS Capital Management LLC acquired a new position in shares of Oshkosh in the fourth quarter worth $35,000. Evolution Wealth Advisors LLC raised its holdings in shares of Oshkosh by 301.1% in the third quarter. Evolution Wealth Advisors LLC now owns 353 shares of the company’s stock worth $36,000 after acquiring an additional 265 shares during the last quarter. Finally, HHM Wealth Advisors LLC acquired a new position in shares of Oshkosh in the first quarter worth $46,000. 94.89% of the stock is owned by institutional investors.
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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