Oshkosh Corp (OSK) Stock Sees a-1.13 Decrease

In the past week, OSK stock has gone down by -7.16%, with a monthly decline of -12.63% and a quarterly plunge of -6.33%. The volatility ratio for the week is 2.95%, and the volatility levels for the last 30 days are 2.74% for Oshkosh Corp The simple moving average for the past 20 days is -11.48% for OSK’s stock, with a -13.91% simple moving average for the past 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 9.14x compared to its average ratio. OSK has 36-month beta value of 1.21. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 0 as “sell.”

The public float for OSK is 64.59M, and currently, short sellers hold a 1.88% ratio of that float. The average trading volume of OSK on December 20, 2024 was 598.57K shares.

OSK) stock’s latest price update

The stock price of Oshkosh Corp (NYSE: OSK) has plunged by -1.13 when compared to previous closing price of 95.27, but the company has seen a -7.16% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-12-12 that OSHKOSH, Wis.–(BUSINESS WIRE)—- $OSK #oshkoshcorporation–Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, announced the appointment of Ranjit Nair as President of Oshkosh AeroTech. Nair will succeed Chuck Durst, who will retire at the end of March 2025 after more than 39 years of dedicated service to the company. Nair has more than 20 years of leadership in the heavy-duty equipment space and comes to Oshkosh from Epiroc, which recently acquired Stanley Black & Decker’s I.

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 -11.81% 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 -26.40% of loss for the given period.

Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares sank -12.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.72% lower at present.

During the last 5 trading sessions, OSK fell by -7.16%, which changed the moving average for the period of 200-days by -15.36% in comparison to the 20-day moving average, which settled at $106.40. In addition, Oshkosh Corp saw -13.12% 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:

  • 0.1 for the present operating margin
  • 0.18 for the gross margin

The net margin for Oshkosh Corp stands at 0.07. The total capital return value is set at 0.17. Equity return is now at value 17.77, with 7.25 for asset returns.

Based on Oshkosh Corp (OSK), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 10.84.

Currently, EBITDA for the company is 988.7 million with net debt to EBITDA at 1.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.74. The receivables turnover for the company is 4.0for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.

Conclusion

To put it simply, Oshkosh Corp (OSK) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.

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