Oshkosh (OSK) Receives a Rating Update from a Top Analyst

Stifel Nicolaus analyst Stanley Elliott maintained a Buy rating on Oshkosh (OSK – Research Report) today and set a price target of $140.00. The company’s shares closed yesterday at $118.69.

According to TipRanks, Elliott is a top 25 analyst with an average return of 20.1% and a 72.56% success rate. Elliott covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, MSA Safety, and Terex.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oshkosh with a $125.93 average price target, a 6.10% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $158.00 price target.

Based on Oshkosh’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.51 billion and a net profit of $183.7 million. In comparison, last year the company earned a revenue of $2.07 billion and had a net profit of $66.9 million

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OSK in relation to earlier this year. Most recently, in February 2024, Anupam Khare, the SVP of OSK sold 4,234.00 shares for a total of $471,565.27.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Oshkosh (OSK) Company Description:

Oshkosh Corp. engages in the design, manufacture, and market of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment; Defense; Fire and Emergency; and Commercial. The Access Equipment segment consists of JerrDan and JLG, which manufactures aerial work platforms; and telehandlers that are used in construction, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights. The Defense segment produces tactical wheeled vehicles; and supply parts and services for the United States military and other militaries around the world. The Fire and Emergency segment sells commercial and custom fire vehicles; simulators and emergency vehicles primarily for fire departments, airports and other governmental units; and broadcast vehicles for broadcasters and television stations. The Commercial segment includes McNeilus, CON-E-CO, London, Iowa Mold Tooling Co., Inc (IMT), and Oshkosh Commercial. The company was founded in 1917 and is headquartered in Oshkosh, WI.