Alert: Positive Investment/Fundamental Signals (12/4/23)-Oshkosh Corp (NYSE: OSK)


Extremely important positive changes in investment behavior have recently occurred for Oshkosh Corp (NYSE: OSK): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Oshkosh Corp (NYSE: OSK). Notable positive changes in fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

OSK is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Oshkosh has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Oshkosh has a neutral Appreciation Score of 59 but a very high Power Rating of 93, resulting in the Highest Value Trend Rating.

Recent Price Action

Oshkosh Corp (NYSE: OSK) stock closed at $99.89 on 12/4/23 after a slight decline of -0.08%. However, below average trading volume at 78% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.6% during the last week.

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