The closing price of Oshkosh Corporation (NYSE: OSK) was $80.30 for the day, down -3.21% from the previous closing price of $82.96. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 715062 shares were traded. OSK stock price reached its highest trading level at $81.76 during the session, while it also had its lowest trading level at $79.89.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Ratios:
Our analysis of OSK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
On May 13, 2022, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $103 to $92.
Robert W. Baird Downgraded its Outperform to Neutral on April 08, 2022, while the target price for the stock was maintained at $92.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 24 when Baab Jason P sold 1,000 shares for $89.00 per share. The transaction valued at 89,000 led to the insider holds 1,352 shares of the business.
Valuation Measures:
As of this moment, Oshkosh’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.41, and their Forward P/E ratio for the next fiscal year is 14.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.65.
Stock Price History:
Over the past 52 weeks, OSK has reached a high of $111.18, while it has fallen to a 52-week low of $69.30. The 50-Day Moving Average of the stock is 93.70, while the 200-Day Moving Average is calculated to be 86.68.
Shares Statistics:
OSK traded an average of 518.76K shares per day over the past three months and 552.7k shares per day over the past ten days. A total of 65.43M shares are outstanding, with a floating share count of 64.94M. Insiders hold about 0.70% of the company’s shares, while institutions hold 93.80% stake in the company. Shares short for OSK as of Jan 12, 2023 were 964.02k with a Short Ratio of 1.08M, compared to 925.67k on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.47% and a Short% of Float of 1.48%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.26, OSK has a forward annual dividend rate of 1.64. Against a Trailing Annual Dividend Yield of 1.52%, it implies a Forward Annual Dividend Yield of 1.60%. The stock’s 5-year Average Dividend Yield is 1.40. The current Payout Ratio is 55.70% for OSK, which recently paid a dividend on Mar 01, 2023 with an ex-dividend date of Feb 14, 2023. Stock splits for the company last occurred on Aug 28, 2005 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 16 analysts. On average, analysts expect EPS of $1.01 for the current quarter, with a high estimate of $1.1 and a low estimate of $0.89, while EPS last year was $0.24. The consensus estimate for the next quarter is $1.5, with high estimates of $1.92 and low estimates of $1.27.
Analysts are recommending an EPS of between $6.08 and $5.45 for the fiscal current year, implying an average EPS of $5.6. EPS for the following year is $7.25, with 17 analysts recommending between $8.51 and $5.01.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 13 analysts. It ranges from a high estimate of $2.11B to a low estimate of $2.05B. As of the current estimate, Oshkosh Corporation’s year-ago sales were $1.95B, an estimated increase of 7.10% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $2.15B, an increase of 4.00% less than the figure of $7.10% in the same quarter last year. There is a high estimate of $2.29B for the next quarter, whereas the lowest estimate is $2.04B.
A total of 17 analysts have provided revenue estimates for OSK’s current fiscal year. The highest revenue estimate was $8.78B, while the lowest revenue estimate was $8.37B, resulting in an average revenue estimate of $8.47B. In the same quarter a year ago, actual revenue was $8.28B, up 2.30% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $8.83B in the next fiscal year. The high estimate is $9.28B and the low estimate is $7.94B. The average revenue growth estimate for next year is up 4.30% from the average revenue estimate for this year.
