DA Davidson Issues Pessimistic Outlook for Oshkosh Earnings

Oshkosh Co. (NYSE:OSK) – Equities researchers at DA Davidson lowered their FY2025 earnings per share estimates for Oshkosh in a research report issued on Monday, February 3rd. DA Davidson analyst M. Shlisky now forecasts that the company will earn $11.07 per share for the year, down from their prior estimate of $12.01. The consensus estimate for Oshkosh’s current full-year earnings is $11.00 per share.

Several other analysts have also recently issued reports on the company. JPMorgan Chase & Co. increased their target price on Oshkosh from $115.00 to $127.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Morgan Stanley boosted their price target on shares of Oshkosh from $98.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Monday. KeyCorp lifted their target price on Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Truist Financial raised their price target on Oshkosh from $109.00 to $118.00 and gave the company a “hold” rating in a report on Friday, January 31st. Finally, UBS Group boosted their price target on shares of Oshkosh from $125.00 to $137.00 and gave the stock a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $125.00.

Oshkosh Stock Performance

Shares of NYSE OSK opened at $111.54 on Wednesday. The firm has a fifty day moving average price of $99.64 and a 200-day moving average price of $103.12. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.51 and a quick ratio of 0.76. The stock has a market cap of $7.26 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 1.97 and a beta of 1.22. Oshkosh has a 1 year low of $89.08 and a 1 year high of $127.98.

Oshkosh (NYSE:OSK) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.58 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%.

Oshkosh Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 17th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.83%. This is a boost from Oshkosh’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, February 14th. Oshkosh’s dividend payout ratio is currently 17.78%.

Hedge Funds Weigh In On Oshkosh

Several institutional investors have recently made changes to their positions in the company. Vaughan Nelson Investment Management L.P. bought a new position in shares of Oshkosh during the fourth quarter valued at approximately $23,285,000. Assenagon Asset Management S.A. raised its holdings in Oshkosh by 3,329.3% in the third quarter. Assenagon Asset Management S.A. now owns 240,223 shares of the company’s stock worth $24,073,000 after purchasing an additional 233,218 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Oshkosh by 154.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 160,102 shares of the company’s stock worth $16,044,000 after buying an additional 97,282 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Oshkosh in the fourth quarter valued at approximately $8,467,000. Finally, Edgestream Partners L.P. lifted its holdings in shares of Oshkosh by 704.3% during the 3rd quarter. Edgestream Partners L.P. now owns 68,023 shares of the company’s stock valued at $6,817,000 after purchasing an additional 59,566 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

About Oshkosh

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.