Analyst Ratings for Oshkosh Corp. (OSK)Updated: 2017-07-26
An average rating of Overweight has been given to Oshkosh Corp. (NYSE:OSK) by analysts covering the stock. OSK had previously received a consensus rating of Overweight a month ago.
Of the 19 analysts covering the stock, 8 gave it a buy rating, 2 gave an overweight rating, 8 issued a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
Investment analysts gave a few price targets for OSK. The most optimistic analyst gave a price target of 85, implying a possible profit of 21.97 percent. The most pessimistic price target was 60, which equates to a potential downside of -13.9 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.5 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 2.29 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.44 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.74 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of OSK to grow at a rate of 20.92 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of OSK is 1.2.
OSK has traded between a high of 75.00 and a low of 48.51 over the past year. Today's price is 43.66 percent above the 52-week low, and 7.08 percent lower than its 52-week high. OSK has a price/earnings ratio of 25.03. Investors typically compare the P/E ratio to a company's peers in the industry. The OSK value stock report compares OSK to some of its peers using value stock charts. The stock has a market capitalization of $5.32 billion. OSK is estimated to release their earnings results for the quarter on 0000-00-00, days from today.