With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.69 million shares. The 52-week range on OSK shows that it touched its highest point at $127.98 and its lowest point at $89.08 during that stretch. It currently has a 1-year price target of $130.71. With its current market cap of 6.54 billion, OSK has annualized dividend of $1.89 while the current yield stands at 1.87%. Beta for the stock currently stands at 1.20.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OSK was down-trending over the past week, with a drop of -8.12%, but this was up by 5.97% over a month. Three-month performance dropped to -9.36% while six-month performance fell -5.73%. The stock lost -7.10% in the past year, while it has gained 6.60% so far this year. A look at the trailing 12-month EPS for OSK yields 10.35 with Next year EPS estimates of 12.81. For the next quarter, that number is 2.06. This implies an EPS growth rate of -6.29% for this year and 16.41% for next year. EPS is expected to grow by 6.87% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.74%.
Float and Shares Shorts:
At present, 64.60 million OSK shares are outstanding with a float of 64.02 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OSK since 13 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $11.38981 being high and $11.17999 being low. For OSK, this leads to a yearly average estimate of $11.32986. Based on analyst estimates, the high estimate for the next quarter is $3.47 and the low estimate is $2.49. The average estimate for the next quarter is thus $3.09.
