Stock Rating Downgrade
The Value Trend Rating for Oshkosh Corp (NYSE: OSK) weakened in the last week from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Oshkosh Corp (NYSE: OSK) stock declined slightly by -0.1% on 7/29/24. The stock closed at $115.85. NORMAL trading volume accompanied the decline. The stock has been strong relative to the market over the last nine months and has risen 7.5% during the last week.
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 C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Oshkosh has a neutral Power Rating of 54 and a slightly positive Appreciation Score of 68, leading to the High Neutral Value Trend Rating.
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