Alert: New Earnings Report (10/30/24)-Oshkosh Corp (NYSE: OSK).

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For its third fiscal quarter (ending September 30), Oshkosh Corp (NYSE: OSK) has reported a -2% decline in E.P.S. from $2.81 a year ago to $2.76 in the current quarter. For the latest four quarters through September 30, E.P.S. were $10.36 compared to $7.99 a year ago — an increase of 30%.

Recent Price Action

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On 10/30/24, Oshkosh Corp (NYSE: OSK) stock declined modestly by -1.3%, closing at $106.46. Moreover, trading volume in this decline was exceptionally high at 254% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.2% 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 (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Oshkosh has a good Appreciation Score of 72 but a poor Power Rating of 18, and the Low Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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