Oshkosh Corp Receives a Buy from KeyBanc

By Austin Angelo

KeyBanc analyst Steve Barger maintained a Buy rating on Oshkosh Corp (NYSE: OSK) today and set a price target of $75. The company’s shares opened today at $68.86, close to its 52-week high of $70.39.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 31.7% and a 60.5% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Federal Signal Corp., and RBC Bearings Inc.

Oshkosh Corp has an analyst consensus of Moderate Buy, with a price target consensus of $63.75.

Oshkosh Corp’s market cap is currently $5.11B and has a P/E ratio of 23.80. The company has a book value ratio of 2.5856.

Based on the recent corporate insider activity of 110 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Marek May, the SVP Operations of OSK sold 9,616 shares for a total of $670,620.

Oshkosh Corp. designs, manufactures and markets a broad range of specialty vehicles and vehicle bodies. It operates through the following segments: Access Equipment, Defense, Fire & Emergency, and Commercial. The Access Equipment segment also includes Jerr-Dan-branded tow trucks and roll-back vehicle carriers sold to towing companies in the U.S. and abroad. The Defense segment manufactures and sells tactical trucks and supply parts to U.S. military and to other militaries around the world. The Fire & Emergency segment manufactures commercial and custom firefighting vehicles and equipment, aircraft rescue and firefighting vehicles, snow removal vehicles, simulators and other emergency vehicles primarily sold to fire departments, airports and other governmental units in the Americas and abroad, and broadcast vehicles sold to broadcasters and television stations in the Americas and abroad. The Commercial segment manufactures rear- and front-discharge concrete mixers, refuse collection vehicles, portable and stationary concrete batch plants and vehicle components. The company was founded in 1917 and is headquartered in Oshkosh, WI.