Colliers Securities analyst Michael Shlisky maintained a Buy rating on Oshkosh (OSK) on April 28 and set a price target of $138.00. The company’s shares closed last Friday at $124.43, close to its 52-week high of $130.02.
According to TipRanks.com, Shlisky is a 4-star analyst with an average return of 21.3% and a 48.2% success rate. Shlisky covers the Industrial Goods sector, focusing on stocks such as Commercial Vehicle Group, Manitex International, and Alta Equipment Group.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oshkosh with a $140.92 average price target, which is an 11.0% upside from current levels. In a report issued on April 13, Deutsche Bank also maintained a Buy rating on the stock with a $135.00 price target.
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Oshkosh’s market cap is currently $8.51B and has a P/E ratio of 26.70. The company has a Price to Book ratio of 5.64.
Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OSK in relation to earlier this year. Most recently, in February 2021, Wilson Jones, the CEO of OSK sold 89,575 shares for a total of $8,695,941.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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