OshkoshOSK
Market Cap: $6.33B
About: Oshkosh is the top producer of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. The company had manufactured joint light tactical vehicles for the us Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing into focus its us Postal Service contract, which calls for the electrification of us postal vehicles. The company reports in three segments—access equipment (52% of revenue), defense (22%), and vocational (27%)—and generated $9.6 billion in revenue in 2023.
Employees: 17,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
150% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 5 (+3) [Q2]
35% more call options, than puts
Call options by funds: $21.3M | Put options by funds: $15.8M
20% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 56
2% more funds holding
Funds holding: 450 [Q1] → 461 (+11) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 164
0.88% less ownership
Funds ownership: 91.24% [Q1] → 90.36% (-0.88%) [Q2]
14% less capital invested
Capital invested by funds: $7.45B [Q1] → $6.39B (-$1.06B) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Evercore ISI Group David Raso 31% 1-year accuracy 4 / 13 met price target | 22%upside $119 | Outperform Maintained | 19 Aug 2024 |
Stifel Stanley Elliott 47% 1-year accuracy 28 / 60 met price target | 39%upside $135 | Buy Maintained | 1 Aug 2024 |
Truist Securities Jamie Cook 62% 1-year accuracy 29 / 47 met price target | 30%upside $126 | Hold Maintained | 1 Aug 2024 |
Jefferies Stephen Volkmann 50% 1-year accuracy 1 / 2 met price target | 8%upside $105 | Hold Maintained | 11 Jul 2024 |
JP Morgan Tami Zakaria 42% 1-year accuracy 13 / 31 met price target | 23%upside $120 | Neutral Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 6 articles about OSK published over the past 30 days