$1.06 Earnings Per Share Expected for Oshkosh Corp (OSK) This Quarter

Analysts expect that Oshkosh Corp (NYSE:OSK) will post $1.06 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have made estimates for Oshkosh’s earnings, with the lowest EPS estimate coming in at $0.93 and the highest estimate coming in at $1.26. Oshkosh posted earnings of $0.76 per share during the same quarter last year, which would indicate a positive year over year growth rate of 39.5%. The company is scheduled to announce its next quarterly earnings results before the market opens on Thursday, April 26th.

According to Zacks, analysts expect that Oshkosh will report full year earnings of $5.33 per share for the current year, with EPS estimates ranging from $5.00 to $5.50. For the next year, analysts anticipate that the company will post earnings of $6.02 per share, with EPS estimates ranging from $5.66 to $6.27. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Oshkosh.

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Oshkosh (NYSE:OSK) last issued its quarterly earnings data on Thursday, January 25th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.29. Oshkosh had a net margin of 4.48% and a return on equity of 16.64%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the company earned $0.26 earnings per share. Oshkosh’s revenue for the quarter was up 31.0% on a year-over-year basis.

A number of analysts have recently weighed in on the stock. ValuEngine downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. SunTrust Banks reissued a “buy” rating on shares of Oshkosh in a research report on Friday, January 26th. Zacks Investment Research downgraded shares of Oshkosh from a “buy” rating to a “hold” rating in a research report on Thursday, March 15th. KeyCorp reissued a “buy” rating and set a $104.00 price target on shares of Oshkosh in a research report on Friday, January 26th. Finally, Deutsche Bank raised shares of Oshkosh from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a research report on Monday, March 19th. Six equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $93.00.

Shares of OSK stock traded up $1.03 during mid-day trading on Friday, reaching $77.27. 475,509 shares of the company were exchanged, compared to its average volume of 767,117. Oshkosh has a fifty-two week low of $61.74 and a fifty-two week high of $100.26. The company has a current ratio of 1.86, a quick ratio of 1.08 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $5,766.20, a P/E ratio of 18.18, a PEG ratio of 0.83 and a beta of 1.61.

In related news, Director Duncan Palmer sold 1,500 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $91.93, for a total transaction of $137,895.00. Following the transaction, the director now directly owns 23,095 shares in the company, valued at $2,123,123.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Leslie F. Kenne sold 1,061 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $90.82, for a total value of $96,360.02. Following the transaction, the director now owns 25,320 shares in the company, valued at $2,299,562.40. The disclosure for this sale can be found here. Insiders have sold 6,361 shares of company stock worth $564,480 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cerebellum GP LLC bought a new position in Oshkosh during the fourth quarter worth $130,000. Pitcairn Co. bought a new stake in Oshkosh in the fourth quarter valued at $202,000. Chevy Chase Trust Holdings Inc. bought a new stake in Oshkosh in the fourth quarter valued at $203,000. Rothschild Investment Corp IL bought a new stake in Oshkosh in the fourth quarter valued at $218,000. Finally, Essex Financial Services Inc. bought a new stake in Oshkosh in the fourth quarter valued at $218,000. Hedge funds and other institutional investors own 91.87% 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.

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Earnings History and Estimates for Oshkosh (NYSE:OSK)

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