Oshkosh Corp (NYSE:OSK) – Investment analysts at SunTrust Banks lowered their Q1 2018 EPS estimates for Oshkosh in a research note issued on Wednesday. SunTrust Banks analyst C. Brady now expects that the company will post earnings of $0.50 per share for the quarter, down from their previous forecast of $0.52. SunTrust Banks currently has a “Buy” rating and a $102.00 target price on the stock. SunTrust Banks also issued estimates for Oshkosh’s Q2 2018 earnings at $1.03 EPS, Q3 2018 earnings at $1.98 EPS, Q4 2018 earnings at $1.31 EPS, FY2018 earnings at $4.82 EPS, Q1 2019 earnings at $0.71 EPS, Q2 2019 earnings at $1.25 EPS, Q3 2019 earnings at $2.12 EPS, Q4 2019 earnings at $1.51 EPS and FY2019 earnings at $5.60 EPS.

Oshkosh (NYSE:OSK) last announced its earnings results on Tuesday, October 31st. The company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.36. Oshkosh had a net margin of 4.18% and a return on equity of 15.14%. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.90 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The business’s revenue for the quarter was up 11.8% on a year-over-year basis.

OSK has been the topic of several other research reports. Robert W. Baird reissued a “buy” rating and issued a $93.00 target price on shares of Oshkosh in a research note on Thursday, October 12th. ValuEngine raised shares of Oshkosh from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. JPMorgan Chase & Co. increased their target price on shares of Oshkosh from $80.00 to $88.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Zacks Investment Research raised shares of Oshkosh from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research note on Wednesday, October 4th. Finally, Deutsche Bank reissued a “hold” rating and issued a $86.00 target price (up previously from $80.00) on shares of Oshkosh in a research note on Monday, October 9th. Three research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $93.77.

Shares of Oshkosh (NYSE OSK) opened at $92.29 on Friday. Oshkosh has a 12 month low of $61.74 and a 12 month high of $94.16. The firm has a market cap of $6,940.00, a price-to-earnings ratio of 24.55, a PEG ratio of 1.20 and a beta of 1.84. The company has a quick ratio of 1.09, a current ratio of 1.81 and a debt-to-equity ratio of 0.35.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Oshkosh by 3.7% in the second quarter. Vanguard Group Inc. now owns 7,019,731 shares of the company’s stock worth $483,519,000 after purchasing an additional 251,809 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Oshkosh by 18.4% in the third quarter. JPMorgan Chase & Co. now owns 2,742,675 shares of the company’s stock worth $226,765,000 after purchasing an additional 426,359 shares during the last quarter. Thrivent Financial For Lutherans grew its holdings in shares of Oshkosh by 0.3% in the second quarter. Thrivent Financial For Lutherans now owns 1,947,210 shares of the company’s stock worth $134,123,000 after purchasing an additional 6,350 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Oshkosh by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,866,855 shares of the company’s stock worth $154,091,000 after purchasing an additional 6,460 shares during the last quarter. Finally, Great West Life Assurance Co. Can grew its holdings in shares of Oshkosh by 1.5% in the third quarter. Great West Life Assurance Co. Can now owns 1,687,953 shares of the company’s stock worth $139,219,000 after purchasing an additional 25,189 shares during the last quarter. Hedge funds and other institutional investors own 93.96% of the company’s stock.

In other news, VP Colleen R. Moynihan sold 5,325 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $85.85, for a total value of $457,151.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP James W. Johnson sold 22,300 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $90.59, for a total transaction of $2,020,157.00. Following the completion of the transaction, the vice president now owns 51,673 shares in the company, valued at $4,681,057.07. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 115,153 shares of company stock worth $9,953,433. Company insiders own 2.00% of the company’s stock.

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About Oshkosh

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The company’s brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London.

Earnings History and Estimates for Oshkosh (NYSE:OSK)

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