Beyond The Numbers: 5 Analysts Discuss Oshkosh Stock

Analysts' ratings for Oshkosh OSK over the last quarter vary from bullish to bearish, as provided by 5 analysts.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 1 2 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 0 0 0
2M Ago 0 1 0 0 0
3M Ago 1 0 1 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $112.6, a high estimate of $122.00, and a low estimate of $102.00. Observing a 0.09% increase, the current average has risen from the previous average price target of $112.50.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

In examining recent analyst actions, we gain insights into how financial experts perceive Oshkosh. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Angel Castillo Morgan Stanley Announces Equal-Weight $102.00 -
Nathan Jones Stifel Raises Buy $120.00 $115.00
David Raso Evercore ISI Group Raises Outperform $122.00 $115.00
Tami Zakaria JP Morgan Lowers Neutral $104.00 $110.00
Timothy Thein Citigroup Raises Buy $115.00 $110.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Oshkosh. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Oshkosh compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Oshkosh's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Oshkosh's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Oshkosh analyst ratings.

Get to Know Oshkosh Better

Oshkosh is the top producer of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. In recent years, the company has manufactured joint light tactical vehicles, or JLTV, for the U.S. Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing its U.S. Postal Service contract into focus, which calls for the electrification of U.S. postal vehicles. The company reports four segments—access equipment (48% of revenue), defense (26%), fire and emergency (13%), and commercial (13%)—and generated $8.3 billion in revenue in 2022.

Oshkosh: Financial Performance Dissected

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, Oshkosh showcased positive performance, achieving a revenue growth rate of 21.44% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Net Margin: Oshkosh's net margin excels beyond industry benchmarks, reaching 7.32%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Oshkosh's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 5.29%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Oshkosh's ROA stands out, surpassing industry averages. With an impressive ROA of 2.17%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Oshkosh's debt-to-equity ratio is below the industry average at 0.31, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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