Research analysts at StockNews.com assumed coverage on shares of Oshkosh (NYSE:OSK – Get Rating) in a research note issued to investors on Thursday. The firm set a "buy" rating on the stock.

Several other brokerages have also recently commented on OSK. Deutsche Bank Aktiengesellschaft raised their target price on Oshkosh from $95.00 to $103.00 in a research report on Monday, December 5th. Credit Suisse Group raised their target price on Oshkosh from $105.00 to $113.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 1st. Stifel Nicolaus raised their target price on Oshkosh from $100.00 to $103.00 and gave the stock a "buy" rating in a research report on Friday, January 20th. Robert W. Baird raised their target price on Oshkosh from $93.00 to $100.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 1st. Finally, Raymond James lifted their price objective on Oshkosh from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Thursday, February 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $102.71.

Oshkosh Stock Down 4.3 %

NYSE:OSK traded down $3.53 during mid-day trading on Thursday, reaching $78.66. The stock had a trading volume of 1,075,580 shares, compared to its average volume of 567,931. The business's 50 day moving average is $93.37 and its 200 day moving average is $87.09. Oshkosh has a fifty-two week low of $69.30 and a fifty-two week high of $111.18. The stock has a market cap of $5.15 billion, a P/E ratio of 32.50, a PEG ratio of 0.41 and a beta of 1.40. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.87 and a quick ratio of 1.10.

Oshkosh (NYSE:OSK – Get Rating) last announced its quarterly earnings results on Tuesday, January 31st. The company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.13). Oshkosh had a net margin of 1.92% and a return on equity of 7.18%. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same quarter last year, the business earned $0.09 EPS. The company's revenue for the quarter was up 23.0% on a year-over-year basis. As a group, sell-side analysts predict that Oshkosh will post 5.53 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Jason P. Baab sold 1,000 shares of the business's stock in a transaction dated Friday, February 24th. The stock was sold at an average price of $89.00, for a total transaction of $89,000.00. Following the completion of the transaction, the senior vice president now directly owns 1,352 shares in the company, valued at approximately $120,328. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.64% of the company's stock.

Hedge Funds Weigh In On Oshkosh

Several institutional investors have recently modified their holdings of OSK. Private Advisor Group LLC acquired a new position in shares of Oshkosh during the 1st quarter worth about $404,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Oshkosh by 5.7% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 24,410 shares of the company's stock worth $2,457,000 after buying an additional 1,322 shares during the period. Cetera Investment Advisers bought a new position in shares of Oshkosh during the 1st quarter valued at about $222,000. Ergoteles LLC bought a new position in shares of Oshkosh during the 1st quarter valued at about $567,000. Finally, Pearl River Capital LLC lifted its holdings in shares of Oshkosh by 74.4% during the 1st quarter. Pearl River Capital LLC now owns 4,457 shares of the company's stock valued at $449,000 after purchasing an additional 1,902 shares in the last quarter. 90.43% of the stock is currently owned by institutional investors and hedge funds.

Oshkosh Company Profile

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Oshkosh Corp. engages in the design, manufacture, and marketing of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment, Defense, Fire & 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.

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