Brokerage firm Bank of America Upgrades its rating on Oshkosh Corp(NYSE:OSK). The shares have been rated Buy. Previously, the analysts had a Neutral rating on the shares. The rating by Bank of America was issued on Aug 18, 2016.
In a different note, On Aug 1, 2016, Citigroup said it Maintains its rating on Oshkosh Corp. In the research note, the firm Raises the price-target to $55.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 29, 2016, RBC Capital said it Upgrades its rating on Oshkosh Corp. The shares have been rated ‘Outperform’ by the firm. On Jul 15, 2016, Jefferies said it Maintains its rating on Oshkosh Corp. In the research note, the firm Raises the price-target to $53.00 per share. The shares have been rated ‘Buy’ by the firm.
Oshkosh Corp (OSK) shares turned negative on Mondays trading session with the shares closing down -0.19 points or -0.35% at a volume of 5,78,000. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $54.83. The peak price level was also seen at $54.83 while the days lowest was $54.15. Finally the shares closed at $54.25. The 52-week high of the shares is $55.6299 while the 52-week low is $29.59. According to the latest information available, the market cap of the company is $3,987 M.
Oshkosh Corp(OSK) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $1.75B. Analysts had an estimated revenue of $1.61B. Earnings per share were $1.13. Analysts had estimated an EPS of $1.00.
Several Insider Transactions has been reported to the SEC. On Aug 17, 2016, Gregory L Fredericksen (EVP & Chief Procurement Officr) sold 14,333 shares at $53.74 per share price.Also, On Aug 16, 2016, Richard G Sim (director) sold 4,325 shares at $53.98 per share price.On Aug 8, 2016, Marek W. May (Senior VP, Operations) sold 3,000 shares at $53.73 per share price, according to the Form-4 filing with the securities and exchange commission.
Oshkosh Corporation is a designer manufacturer and marketer of a range of specialty vehicles and vehicle bodies including access equipment defense trucks and trailers fire and emergency vehicles concrete mixers and refuse collection vehicles. The Company’s segments are Access Equipment Defense Fire & Emergency and Commercial. The Access equipment segment offers aerial work platforms and telehandlers used in construction agricultural industrial institutional and general maintenance applications. The Defense segment offers tactical trucks trailers and supply parts and services sold to the United States military. The Fire & emergency segment offers custom and commercial firefighting vehicles and equipment aircraft rescue and firefighting (ARFF) vehicles snow removal vehicles simulators and other emergency vehicles. The Commercial segment offers concrete mixers refuse collection vehicles portable and stationary concrete batch plants and vehicle components.