Oshkosh Corp (NYSE: OSK) on Friday, plunged -4.69% from the previous trading day, before settling in for the closing price of $111.88. Within the past 52 weeks, OSK’s price has moved between $93.34 and $127.98.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 4.55% annually for the last half of the decade. The company achieved an average annual earnings per share of 13.88%. With a float of $64.59 million, this company’s outstanding shares have now reached $65.06 million.
In an organization with 17300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 18.3%, operating margin of 10.07%, and the pretax margin is 8.71%.
Oshkosh Corp (OSK) Insider Updates
Observing investor behavior towards Farm & Heavy Construction Machinery industry stocks is more important than anything else. The insider ownership of Oshkosh Corp is 0.73%, while institutional ownership is 92.69%. The most recent insider transaction that took place on Feb 09 ’24, was worth 471,565. In this transaction SVP/Chief Information Officer of this company sold 4,234 shares at a rate of $111.38, taking the stock ownership to the 13,499 shares.
Oshkosh Corp (OSK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.99% during the next five years compared to 7.60% growth over the previous five years of trading.
Oshkosh Corp (NYSE: OSK) Trading Performance Indicators
Oshkosh Corp (OSK) is currently performing well based on its current performance indicators. A quick ratio of 0.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.30, a number that is poised to hit 2.19 in the next quarter and is forecasted to reach 10.95 in one year’s time.
Technical Analysis of Oshkosh Corp (OSK)
Let’s dig in a bit further. During the last 5-days, its volume was 0.68 million. That was better than the volume of 0.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.47%. Additionally, its Average True Range was 3.22.
During the past 100 days, Oshkosh Corp’s (OSK) raw stochastic average was set at 55.89%, which indicates a significant increase from 27.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.30% in the past 14 days, which was lower than the 34.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.89, while its 200-day Moving Average is $109.88. However, in the short run, Oshkosh Corp’s stock first resistance to watch stands at $112.32. Second resistance stands at $118.01. The third major resistance level sits at $122.58. If the price goes on to break the first support level at $102.06, it is likely to go to the next support level at $97.49. Assuming the price breaks the second support level, the third support level stands at $91.80.
Oshkosh Corp (NYSE: OSK) Key Stats
Market capitalization of the company is 6.61 billion based on 65,065K outstanding shares. Right now, sales total 9,658 M and income totals 598,000 K. The company made 2,741 M in profit during its latest quarter, and 180,300 K in sales during its previous quarter.
