Is Oshkosh Corp (NYSE: OSK) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Oshkosh Corporation Announced as 2024 CIO 100 Award Winner for Sixth Consecutive Year.

Stocks Info

This NYSE-listed company operates within the Farm & Heavy Construction Machinery industry segment, falling under the Industrials sector. At the end of the last regular session, the stock closed at $121.33 and fluctuated between $121.87 as its day high and $118.77 as its day low. The current market capitalization of Oshkosh Corp is $7.96B. A total of 0.5 million shares were traded on the day, compared to an average of 515.42K shares.

In the most recent transaction, Khare Anupam sold 4,234 shares of OSK for 111.38 per share on Feb 09 ’24. After the transaction, the SVP/Chief Information Officer now owns 13,499 company shares. In a previous transaction on Aug 31 ’23, Johnson James W. sold 7,000 shares at 104.34 per share. OSK shares that Exec VP & Pres., Vocational owns now total 47,439.

Among the insiders who sold shares, Brandt Bryan K disposed of 3,250 shares on Aug 31 ’23 at a per-share price of $103.63. This resulted in the SVP & Chief Marketing Officer holding 7,848 shares of OSK after the transaction. In another insider transaction, Verich John S sold 400 shares at $103.88 per share on Aug 31 ’23. Company shares held by the SVP Corp Dev & Treasurer now total 3,050.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Oshkosh Corp pays an annual dividend of $1.69, resulting in a dividend yield of 1.39%, and it has a price to earnings (P/E) ratio of 13.36. OSK’s most recent ex-dividend date was 2/14/2024 when it declared a $0.46 quarterly dividend that was paid in cash on 2/29/2024. Previously, the company paid the dividend on 11/27/2023 with an ex-dividend date of 11/10/2023. The OSK stock dividend was $0.41 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, OSK has a high of $119.18 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 $2.36 per share and a lower estimate of $2.07. The company reported an EPS of $3.04 in the last quarter, which was 38.20% higher than expectations of $2.2.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $56.59, while its Total Shareholder’s Equity was $3.20B.

Analysts Opinion

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. 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 3.94.