UBS Group Boosts Oshkosh (NYSE:OSK) Price Target to $137.00

Oshkosh (NYSE:OSK) had its target price boosted by UBS Group from $125.00 to $137.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 22.96% from the company’s previous close.

Other analysts have also issued research reports about the stock. Robert W. Baird lowered their price target on shares of Oshkosh from $171.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Truist Financial increased their target price on Oshkosh from $109.00 to $118.00 and gave the stock a “hold” rating in a research report on Friday, January 31st. JPMorgan Chase & Co. lifted their price target on Oshkosh from $115.00 to $127.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. KeyCorp increased their price objective on Oshkosh from $113.00 to $132.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Citigroup reduced their target price on Oshkosh from $125.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Oshkosh presently has an average rating of “Moderate Buy” and a consensus target price of $125.00.

Oshkosh Stock Down 1.3 %

Oshkosh stock opened at $111.42 on Monday. The company has a quick ratio of 0.76, a current ratio of 1.51 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $7.25 billion, a P/E ratio of 10.77, a P/E/G ratio of 1.97 and a beta of 1.22. The firm has a 50 day moving average price of $99.71 and a 200-day moving average price of $103.00. Oshkosh has a twelve month low of $89.08 and a twelve month high of $127.98.

Oshkosh (NYSE:OSK) last issued its earnings results on Thursday, January 30th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.22 by $0.36. Oshkosh had a return on equity of 19.31% and a net margin of 6.34%. As a group, equities analysts predict that Oshkosh will post 11 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new position in Oshkosh in the 3rd quarter worth approximately $25,000. Blue Trust Inc. raised its stake in shares of Oshkosh by 108.7% in the fourth quarter. Blue Trust Inc. now owns 265 shares of the company’s stock worth $27,000 after purchasing an additional 138 shares during the last quarter. Hager Investment Management Services LLC bought a new position in shares of Oshkosh during the fourth quarter valued at $32,000. Brooklyn Investment Group purchased a new stake in shares of Oshkosh during the third quarter valued at $34,000. Finally, Bank of Jackson Hole Trust bought a new stake in Oshkosh in the 4th quarter worth about $44,000. 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.