Oshkosh Corp Receives a Buy from RBC Capital

By Ryan Adsit

RBC Capital analyst Seth Weber reiterated a Buy rating on Oshkosh Corp (NYSE: OSK) on March 10 and set a price target of $79. The company’s shares opened today at $67.78.

According to TipRanks.com, Weber is a 5-star analyst with an average return of 19.2% and a 84.2% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Mueller Water Products, and Illinois Tool Works.

Oshkosh Corp has an analyst consensus of Strong Buy, with a price target consensus of $78.50.

Oshkosh Corp’s market cap is currently $5.11B and has a P/E ratio of 23.12. The company has a book value ratio of 2.5805.

Based on the recent corporate insider activity of 114 insiders, corporate insider sentiment is negative on the stock. Earlier this month, David Sagehorn, the EVP & CFO of OSK sold 47,800 shares for a total of $3,403,138.

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. designs, manufactures and markets 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.