Oshkosh Co. (NYSE:OSK) Given Consensus Rating of “Hold” by Brokerages

Oshkosh Co. (NYSE:OSKGet Rating) has been assigned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $100.43.

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of Oshkosh from $82.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, October 28th. The Goldman Sachs Group upped their price target on shares of Oshkosh from $89.00 to $104.00 and gave the stock a “buy” rating in a research report on Friday, October 28th. Argus began coverage on shares of Oshkosh in a research note on Tuesday, July 26th. They issued a “hold” rating on the stock. Credit Suisse Group increased their price objective on Oshkosh from $95.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, October 28th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Oshkosh from $95.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, October 13th.

Oshkosh Trading Up 0.8 %

Shares of NYSE:OSK opened at $92.18 on Friday. The company has a market capitalization of $6.03 billion, a PE ratio of 67.28, a PEG ratio of 1.48 and a beta of 1.38. Oshkosh has a 12-month low of $69.30 and a 12-month high of $125.16. The business has a 50 day moving average of $81.15 and a two-hundred day moving average of $84.23. The company has a current ratio of 1.81, a quick ratio of 1.08 and a debt-to-equity ratio of 0.21.

Oshkosh Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Shareholders of record on Monday, November 14th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Thursday, November 10th. Oshkosh’s dividend payout ratio is presently 108.03%.

Institutional Investors Weigh In On Oshkosh

Institutional investors and hedge funds have recently modified their holdings of the company. CX Institutional purchased a new position in shares of Oshkosh in the 2nd quarter valued at about $25,000. New Century Advisors LLC lifted its stake in Oshkosh by 137.2% in the third quarter. New Century Advisors LLC now owns 351 shares of the company’s stock worth $25,000 after acquiring an additional 203 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new position in Oshkosh during the 2nd quarter worth approximately $26,000. Valley National Advisers Inc. increased its position in shares of Oshkosh by 89.6% in the 3rd quarter. Valley National Advisers Inc. now owns 400 shares of the company’s stock valued at $32,000 after purchasing an additional 189 shares during the last quarter. Finally, Tsfg LLC raised its holdings in shares of Oshkosh by 2,616.0% in the 3rd quarter. Tsfg LLC now owns 679 shares of the company’s stock valued at $48,000 after purchasing an additional 654 shares in the last quarter. Hedge funds and other institutional investors own 91.52% 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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Analyst Recommendations for Oshkosh (NYSE:OSK)

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