Oshkosh (NYSE:OSK) Releases FY 2022 Earnings Guidance

Oshkosh (NYSE:OSKGet Rating) issued an update on its FY 2022 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $5.00-$6.00 for the period, compared to the consensus estimate of $5.60. The company issued revenue guidance of -.Oshkosh also updated its FY 2025 guidance to $11.00-$13.00 EPS.

A number of research analysts have recently weighed in on OSK shares. Robert W. Baird downgraded shares of Oshkosh from an outperform rating to a neutral rating and set a $92.00 price target on the stock. in a report on Friday, April 8th. Bank of America downgraded Oshkosh from a neutral rating to an underperform rating and decreased their price target for the stock from $103.00 to $92.00 in a research note on Friday, May 13th. Wells Fargo & Company cut their price objective on Oshkosh from $117.00 to $104.00 in a research note on Thursday, April 28th. Morgan Stanley decreased their target price on Oshkosh from $144.00 to $131.00 and set an overweight rating for the company in a research report on Monday, April 18th. Finally, Credit Suisse Group dropped their price target on shares of Oshkosh from $134.00 to $111.00 in a research report on Thursday, April 28th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Oshkosh presently has a consensus rating of Hold and a consensus target price of $114.29.

Shares of OSK stock opened at $88.50 on Monday. The firm’s 50 day moving average price is $98.06 and its two-hundred day moving average price is $107.76. The stock has a market cap of $5.82 billion, a PE ratio of 19.98, a PEG ratio of 0.58 and a beta of 1.36. Oshkosh has a 52-week low of $85.39 and a 52-week high of $133.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.76.

Oshkosh (NYSE:OSKGet Rating) last announced its quarterly earnings data on Wednesday, April 27th. The company reported $0.24 EPS for the quarter, topping 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 business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the previous year, the firm earned $1.48 earnings per share. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, sell-side analysts predict that Oshkosh will post 5.49 earnings per share for the current fiscal year.

The company 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. This represents a $1.48 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Thursday, May 12th. Oshkosh’s dividend payout ratio (DPR) is 33.41%.

Large investors have recently bought and sold shares of the business. Captrust Financial Advisors boosted its holdings in shares of Oshkosh by 14.2% in the first quarter. Captrust Financial Advisors now owns 1,211 shares of the company’s stock valued at $122,000 after buying an additional 151 shares during the period. Quantbot Technologies LP bought a new stake in Oshkosh in the 1st quarter valued at $194,000. Peapack Gladstone Financial Corp acquired a new position in Oshkosh in the 4th quarter worth $211,000. Cetera Investment Advisers bought a new position in Oshkosh during the 1st quarter worth about $222,000. Finally, Sawtooth Solutions LLC acquired a new stake in shares of Oshkosh in the 1st quarter valued at about $245,000. 94.89% of the stock is owned by hedge funds and other 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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Earnings History and Estimates for Oshkosh (NYSE:OSK)

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