The stock of Oshkosh Corp (OSK) has seen a 4.46% increase in the past week, with a 0.59% gain in the past month, and a -4.88% decrease in the past quarter. The volatility ratio for the week is 2.90%, and the volatility levels for the past 30 days are at 2.61% for OSK. The simple moving average for the last 20 days is -0.63% for OSK stock, with a simple moving average of -7.38% for the last 200 days.
Is It Worth Investing in Oshkosh Corp (NYSE: OSK) Right Now?
Oshkosh Corp (NYSE: OSK) has a higher price-to-earnings ratio of 9.86x compared to its average ratio, The 36-month beta value for OSK is at 1.19. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for OSK is 64.56M, and currently, shorts hold a 1.62% of that float. The average trading volume for OSK on September 19, 2024 was 500.08K shares.
OSK) stock’s latest price update
Oshkosh Corp (NYSE: OSK)’s stock price has decreased by -3.06 compared to its previous closing price of 105.23. However, the company has seen a 4.46% increase in its stock price over the last five trading sessions. zacks.com reported 2024-09-18 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Analysts’ Opinion of OSK
Many brokerage firms have already submitted their reports for OSK stocks, with Raymond James repeating the rating for OSK by listing it as a “Outperform.” The predicted price for OSK in the upcoming period, according to Raymond James is $125 based on the research report published on June 28, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see OSK reach a price target of $130. The rating they have provided for OSK stocks is “Buy” according to the report published on June 26th, 2024.
Truist gave a rating of “Hold” to OSK, setting the target price at $121 in the report published on March 14th of the current year.
OSK Trading at -2.57% from the 50-Day Moving Average
After a stumble in the market that brought OSK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.29% of loss for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 2.90%, as shares sank -1.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.23% lower at present.
During the last 5 trading sessions, OSK rose by +4.86%, which changed the moving average for the period of 200-days by +2.44% in comparison to the 20-day moving average, which settled at $102.58. In addition, Oshkosh Corp saw -5.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OSK starting from Khare Anupam, who sale 4,234 shares at the price of $111.38 back on Feb 09 ’24. After this action, Khare Anupam now owns 13,499 shares of Oshkosh Corp, valued at $471,565 using the latest closing price.
Stock Fundamentals for OSK
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.17 for the gross margin
The net margin for Oshkosh Corp stands at 0.06. The total capital return value is set at 0.11. Equity return is now at value 18.64, with 7.68 for asset returns.
Based on Oshkosh Corp (OSK), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 13.44.
Currently, EBITDA for the company is 444.3 million with net debt to EBITDA at 1.32. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 3.15for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
In conclusion, Oshkosh Corp (OSK) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
