The Question Is Whether To Buy Or Not To Buy Oshkosh Corp (NYSE: OSK)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Oshkosh Corporation to Announce Fourth Quarter and Full Year 2023 Earnings January 30, 2024.

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Stocks Info

Oshkosh Corp is listed on the NYSE as a member of the Industrials sector and is a part of the Farm & Heavy Construction Machinery industry. The current market capitalization of Oshkosh Corp is $6.99B. A total of 0.58 million shares were traded on the day, compared to an average of 487.97K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, OSK has seen 21 BUY and 20 SELL insider trades, representing the acquisition of 39,624 and the disposition of 19,380 shares. Over the last 12 months, there were 91 BUYs and 72 SELLs from insiders. Insiders purchased 159,698 shares during that period but sold 83,323.

In the most recent transaction, Johnson James W. sold 7,000 shares of OSK for 104.34 per share on Aug 31. After the transaction, the Exec VP & Pres., Vocational now owns 47,439 company shares. In a previous transaction on Aug 31, Brandt Bryan K sold 3,250 shares at 103.63 per share. OSK shares that SVP & Chief Marketing Officer owns now total 7,848.

Among the insiders who sold shares, Verich John S disposed of 400 shares on Aug 31 at a per-share price of $103.88. This resulted in the SVP Corp Dev & Treasurer holding 3,050 shares of OSK after the transaction. In another insider transaction, Pack Michael E sold 8,075 shares at $103.11 per share on Aug 30. Company shares held by the Exec. VP & CFO now total 16,974.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Oshkosh Corp pays an annual dividend of $1.65, resulting in a dividend yield of 1.54%, and it has a price to earnings (P/E) ratio of 13.47. OSK’s most recent ex-dividend date was 11/10/2023 when it declared a $0.41 quarterly dividend that was paid in cash on 11/27/2023. Previously, the company paid the dividend on 8/31/2023 with an ex-dividend date of 8/16/2023. The OSK stock dividend was $0.41 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for OSK in the last 3 months, the mean price target is $112.68 with high estimates of $137.00 and low estimates of $96.00. In terms of 52-week highs and lows, OSK has a high of $109.90 and a low of $72.09.

As of this writing, OSK has an earnings estimate of $2.24 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.81 per share and a lower estimate of $2.08. The company reported an EPS of $2.69 in the last quarter, which was 66.00% higher than expectations of $1.62.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OSK’s latest balance sheet shows that the firm has $995.70M in Cash & Short Term Investments as of fiscal 2021. There were $819.00M in debt and $2.14B in liabilities at the time. Its Book Value Per Share was $54.19, while its Total Shareholder’s Equity was $3.20B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OSK is Buy with a score of 3.87.

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