Oshkosh (NYSE:OSK) Stock Rating Lowered by Wall Street Zen

Oshkosh (NYSE:OSK) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

Other research analysts also recently issued research reports about the company. Citigroup downgraded Oshkosh from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $180.00 to $170.00 in a report on Monday, April 13th. UBS Group upped their price target on Oshkosh from $167.00 to $197.00 and gave the company a “buy” rating in a research report on Friday, March 6th. JPMorgan Chase & Co. reduced their price objective on Oshkosh from $158.00 to $145.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Sanford C. Bernstein set a $138.00 price objective on shares of Oshkosh in a report on Thursday, April 9th. Finally, Morgan Stanley lowered their target price on shares of Oshkosh from $157.00 to $150.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $165.38.

Oshkosh Price Performance

OSK opened at $120.28 on Friday. The company has a market capitalization of $7.50 billion, a P/E ratio of 13.39, a PEG ratio of 0.59 and a beta of 1.33. The company has a 50-day moving average of $146.88 and a 200-day moving average of $143.99. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.83 and a current ratio of 1.63. Oshkosh has a 1-year low of $96.03 and a 1-year high of $180.49.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.04 by ($0.19). The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.29 billion. Oshkosh had a return on equity of 13.90% and a net margin of 5.54%.The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the previous year, the business posted $1.92 EPS. Oshkosh has set its FY 2026 guidance at 11.500-11.500 EPS. Equities analysts expect that Oshkosh will post 11 EPS for the current fiscal year.

Insider Buying and Selling

In other Oshkosh news, Director Duncan Palmer sold 505 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $133.86, for a total value of $67,599.30. Following the sale, the director directly owned 39,684 shares of the company’s stock, valued at $5,312,100.24. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Anupam Khare sold 4,000 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $169.07, for a total value of $676,280.00. Following the completion of the sale, the senior vice president owned 13,577 shares in the company, valued at $2,295,463.39. The trade was a 22.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.64% of the company’s stock.

Institutional Trading of Oshkosh

Hedge funds have recently bought and sold shares of the company. Abich Financial Wealth Management LLC acquired a new position in shares of Oshkosh during the third quarter valued at approximately $29,000. Tower View Wealth Management LLC purchased a new position in Oshkosh during the 1st quarter worth approximately $29,000. Torren Management LLC acquired a new stake in Oshkosh during the 4th quarter valued at $30,000. Quent Capital LLC acquired a new stake in shares of Oshkosh in the third quarter worth $35,000. Finally, Root Financial Partners LLC acquired a new position in Oshkosh during the third quarter valued at $35,000. 92.36% of the stock is currently owned by institutional investors.

About Oshkosh

Oshkosh Corporation (NYSE: OSK) is a leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment. The company’s offerings span critical end markets, including defense, fire and emergency services, commercial construction and industrial sectors. By combining engineering expertise with advanced technologies, Oshkosh delivers solutions that enhance mobility, safety and productivity for its customers.

Founded in 1917 and headquartered in Oshkosh, Wisconsin, the company has evolved from producing heavy-duty dump trucks to a diversified portfolio of products and services.