Oshkosh (OSK) Expected to Announce Earnings on Thursday

Oshkosh (NYSE:OSK) is projected to release its earnings data before the market opens on Thursday, January 30th. Analysts expect Oshkosh to post earnings of $2.22 per share and revenue of $2.42 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Oshkosh (NYSE:OSK) last released its quarterly earnings data on Wednesday, October 30th. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.06. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.63 billion. Oshkosh had a return on equity of 19.87% and a net margin of 6.41%. On average, analysts expect Oshkosh to post $11 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Oshkosh Stock Down 1.7 %

Shares of NYSE:OSK opened at $95.75 on Wednesday. Oshkosh has a 52-week low of $89.08 and a 52-week high of $127.98. The company has a quick ratio of 0.79, a current ratio of 1.46 and a debt-to-equity ratio of 0.15. The business has a fifty day moving average of $99.85 and a two-hundred day moving average of $103.02. The stock has a market cap of $6.23 billion, a P/E ratio of 9.30, a PEG ratio of 1.01 and a beta of 1.21.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Truist Financial cut their price objective on shares of Oshkosh from $116.00 to $109.00 and set a “hold” rating for the company in a research report on Thursday, January 16th. JPMorgan Chase & Co. decreased their price objective on Oshkosh from $125.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, January 14th. KeyCorp upgraded Oshkosh from a “sector weight” rating to an “overweight” rating and set a $113.00 price objective for the company in a research report on Friday, January 24th. UBS Group decreased their price target on Oshkosh from $129.00 to $125.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, Citigroup cut their price objective on Oshkosh from $125.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Oshkosh currently has an average rating of “Hold” and an average price target of $121.14.

Oshkosh Company Profile

Oshkosh Corporation provides purpose-built vehicles and equipment worldwide. The company operates through three segments: Access, Defense, and Vocational segment. Its Access Equipment segment design and manufacture aerial work platform and telehandlers for use in construction, industrial, and maintenance applications; offers financing and leasing solutions including rental fleet loans, leases, and floor plan and retail financing; and towing and recovery equipment, which includes carriers, wreckers, and rotators, as well as provides equipment installation and sale of chassis and service parts.