Stock Rating Upgrade
The Value Trend Rating for Oshkosh Corp (NYSE: OSK) improved of late from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Oshkosh Corp (NYSE: OSK) stock declined by -3.2% on 8/1/24. The shares closed at $105.22. Moreover, trading volume in this decline was unusually high at 153% of normal. The stock has declined -2.5% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, OSK is expected to continue to be an important Value Builder.
Oshkosh has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Oshkosh has a neutral Power Rating of 55 but a good Appreciation Score of 71, and the Positive Value Trend Rating results.
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