Ratings for Oshkosh OSK were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 2 | 1 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 1 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 1 | 1 | 2 | 0 | 0 |
Analysts have set 12-month price targets for Oshkosh, revealing an average target of $141.71, a high estimate of $190.00, and a low estimate of $112.00. This current average reflects an increase of 8.73% from the previous average price target of $130.33.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils 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 |
---|---|---|---|---|---|
Kyle Menges | Citigroup | Announces | Buy | $130.00 | - |
Ross Gilardi | B of A Securities | Raises | Underperform | $112.00 | $108.00 |
Mircea Dobre | Baird | Raises | Outperform | $190.00 | $158.00 |
Jamie Cook | Truist Securities | Raises | Hold | $132.00 | $121.00 |
Nathan Jones | Stifel | Raises | Buy | $140.00 | $135.00 |
Mircea Dobre | Baird | Raises | Outperform | $158.00 | $140.00 |
Tami Zakaria | JP Morgan | Raises | Neutral | $130.00 | $120.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Oshkosh. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Oshkosh compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
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.
Discovering Oshkosh: A Closer Look
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. The company had manufactured joint light tactical vehicles for the us Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing into focus its us Postal Service contract, which calls for the electrification of us postal vehicles. The company reports in three segments—access equipment (52% of revenue), defense (22%), and vocational (27%)—and generated $9.6 billion in revenue in 2023.
Unraveling the Financial Story of Oshkosh
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining Oshkosh's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 12.16% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Oshkosh's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 7.05%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Oshkosh's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.76%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Oshkosh's ROA stands out, surpassing industry averages. With an impressive ROA of 1.93%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Oshkosh's debt-to-equity ratio is below the industry average. With a ratio of 0.32, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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