Robert W. Baird analyst Mircea Dobre maintained a Hold rating on Oshkosh (OSK – Research Report) today. The company’s shares closed yesterday at $100.46.
According to TipRanks, Dobre is a 5-star analyst with an average return of 14.2% and a 55.70% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as The Middleby, Agco, and Astec.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oshkosh with a $100.00 average price target.
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Based on Oshkosh’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.07 billion and a net profit of $59.3 million. In comparison, last year the company earned a revenue of $2.06 billion and had a net profit of $89.7 million
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Oshkosh Corp. engages in the design, manufacture, and market of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment; Defense; Fire and Emergency; and Commercial. The Access Equipment segment consists of JerrDan and JLG, which manufactures aerial work platforms; and telehandlers that are used in construction, industrial, institutional, and general maintenance applications to position workers and materials at elevated heights. The Defense segment produces tactical wheeled vehicles; and supply parts and services for the United States military and other militaries around the world. The Fire and Emergency segment sells commercial and custom fire vehicles; simulators and emergency vehicles primarily for fire departments, airports and other governmental units; and broadcast vehicles for broadcasters and television stations. The Commercial segment includes McNeilus, CON-E-CO, London, Iowa Mold Tooling Co., Inc (IMT), and Oshkosh Commercial. The company was founded in 1917 and is headquartered in Oshkosh, WI.
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