What will Oshkosh's stock price reach in the next year?
On average, they anticipate Oshkosh's stock price to reach $83.56 in the next year. This suggests a possible upside of 6.5% from the stock's current price. View Analyst Price Targets for Oshkosh.
Can Oshkosh's dividend be sustained?
The dividend payout ratio of Oshkosh is 26.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Oshkosh will have a dividend payout ratio of 16.06% next year. This indicates that Oshkosh will be able to sustain or increase its dividend.
How has covid-19 affected OSK's stock?
Oshkosh's stock was trading at $62.52 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OSK shares have increased by 74.8% and is now trading at $109.29. View which stocks have been most impacted by COVID-19.
Will Oshkosh stock go up?
The 17 analysts offering 12-month price forecasts for Oshkosh Corp have a median target of 104.00, with a high estimate of 126.00 and a low estimate of 84.00. The median estimate represents a +30.10% increase from the last price of 79.94.
Is Oshkosh stock a buy?
Oshkosh has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 6 buy ratings, 7 hold ratings, and 1 sell rating.
How much is Oshkosh Defense worth?
Oshkosh net worth as of July 11, 2022 is $5.33B.
What is the share price of Oshkosh Trucking?
$82.00$ 82.00CloseChgChg %$82.001.712.13%
Is Oshkosh Truck publicly traded?
Oshkosh Corporation's common stock is traded on the New York Stock Exchange under the symbol OSK.
Is OSK buy or sell?
The consensus among 12 Wall Street analysts covering (NYSE: OSK) stock is to Buy OSK stock.
Does Ford own Oshkosh?
Oshkosh Defense president John Bryant shared in a statement to Green Car Reports: "One of those suppliers is Ford Component Sales (a wholly owned subsidiary of Ford Motor Company), providing components across both ICE and BEV models including powertrain, drive train, suspension, and cabin interior components.
Who owns Oshkosh military?
Oshkosh Corporation(November 29, 2021) — The U.S. Army Contracting Command – Detroit Arsenal (ACC-DTA) announced that it has awarded Oshkosh Defense, a wholly owned subsidiary of Oshkosh Corporation (NYSE: OSK), a $591.6 Million order for 1,669 Joint Light Tactical Vehicles (JLTV), 868 companion trailers, and associated packaged and ...
Who owns Oshkosh vehicles?
Oshkosh CorporationTypePublicKey peopleStephen Newlin (Chairman of the Board) John Pfeifer (President & CEO) Michael Pack (Executive VP & CFO)ProductsSpecialty trucks Access equipment Military vehiclesRevenueUS$ 7.71 billion (FY SEP 30 2018)Operating incomeUS$ 653.6 million (FY SEP 30 2018)14 more rows
Segmental Details
Financials & Dividend
For the June-end quarter, net sales in Access Equipment surged 89.4% year over year to $924.3 million on improved market demand in North America. The metric, however, missed the consensus estimate of $990 million.
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Oshkosh — which shares space with Adient PLC ADNT , Autoliv, Inc. ALV and BorgWarner Inc. BWA in the same industry — had cash and cash equivalents of $1,166.3 million on Jun 30, 2021. The company recorded a long-term debt of $818.6 million as of Jun 31, 2021.
What happened
The Zacks Rank #3 (Hold) company downwardly revised fiscal 2021 projections due to the ongoing supply chain challenges. It now expects fiscal 2021 adjusted EPS in the band of $6.35-$6.50 compared with the prior view of $6.35-$6.85.
So what
Shares of Oshkosh Corporation (NYSE: OSK) fell 13.8% in May, according to data provided by S&P Global Market Intelligence, as hopes for a recovery in some of the heavy-equipment maker's key markets faded in the face of trade wars and fears over an economic slowdown.
Now what
Shares of Oshkosh, a maker of specialty trucks, military vehicles, truck bodies, airport fire apparatus, and access equipment, were up more than 30% year to date heading into May on hopes for a 2019 commodity price recovery and continued strength in construction.
How much did Access Equipment increase sales?
Oshkosh is a strong company facing some difficult headwinds. Unfortunately for investors, there's no reason to assume those headwinds will clear quickly.
How much did the fire and emergency segment increase?
Operating income increased 14.7% to $149 million (12.9% to sales). The rise was due to the higher sales volume and improved price realization, partly offset by challenges associated with the increase in production volumes, unfavorable product and customer mix, amplified freight costs, and adverse foreign exchange rates.
How much is Oshkosh stock worth in 2021?
Net sales of the Fire & Emergency segment rose 0.3% to $284 million. The rise was driven by improved pricing. Operating income increased 18.2% to $36 million (12.8% of sales) due to increased pricing, partly offset by higher selling, general and administrative expenses.
Does Oshkosh stock have a sell signal?
Oshkosh Corporation stock price ended on $119.90 on Friday after gaining 0.45% (Updated on July 23, 2021) The Oshkosh Corporation stock price gained 0.45% on the last trading day (Friday, 23rd Jul 2021), rising from $119.36 to $119.90.
About Oshkosh
The Oshkosh Corporation stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Oshkosh (NYSE:OSK) Frequently Asked Questions
Oshkosh Corp. engages in the designing, manufacturing, and marketing of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment, Defense, Fire & Emergency, and Commercial.
Fears of a global slowdown hover over the shares
16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oshkosh in the last twelve months. There are currently 5 hold ratings and 11 buy ratings for the stock.
What happened
Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials.
So what
Shares of Oshkosh ( NYSE:OSK) lost 15.9% in August, according to data provided by S&P Global Market Intelligence, despite management reporting quarterly earnings and sales that came in ahead of expectations and raising full-year guidance.
Now what
Oshkosh, a maker of a variety of large trucks for the military, commercial, and government sectors as well as access equipment for construction sites, had been a strong performer coming into August, up more than 35% for the year. But that all changed last month, when shares fell sharply after the company had delivered strong quarterly results.
Oshkosh Reports Weak Stub Period Earnings
- Oshkosh reported adjusted earnings of 9 cents per share for the three months ended Dec 31, 2021. The bottom line also decreased from $1.01 recorded in the three months ended Dec 31, 2020.Higher material and logistics costs, and an adverse product mix affected the company’s income. In October, Oshkosh’s board of directors had approved a change in th...
Segmental Details
- During the quarter under discussion, net sales in Access Equipment surged 47.9% year over year to $833.5 million on improved market demand in North America. Operating income climbed 29.7% to $32.3 million (accounting for 3.9% of sales) on the back of higher sales volume, improved pricing and manufacturing absorption, a favorable regional sales mix and the absence of restruc…
Financials, Dividend & Buyback
- Oshkosh had cash and cash equivalents of $995.7 million on Dec 31, 2021. The company recorded a long-term debt of $819 million as of Dec 31, 2021. Oshkosh declared a quarterly cash dividend of 37 cents per share, payable Feb 25, 2022, to shareholders on record as of Feb 11, 2022. OSK repurchased nearly 1.4 million shares of common stock for $150 million during the th…
Outlook
- Steered by robust customer demand and significant backlog price realization the company stated its 2022 earnings per share expectations in the range of $5.75-$6.75 on projected net sales between $8.0 billion-$8.5 billion. How Have Estimates Been Moving Since Then? It turns out, fresh estimates have trended downward during the past month. The consensus estimate has shifted …