Target Price Review & Stock Update on Oshkosh Corporation (NYSE:OSK)

Equity research analysts have provided views on where they believe the stock will be trading in the future. According to Thomson Reuters, analysts are projecting a consensus target price of $80.76 on company shares.Analysts and investors may use different metrics in order to calculate a price target projection. A very common metric used is the price to earnins ratio of a company. This calculation comes from dividing the current share price by the projected earnings per share. At the time of writing, Oshkosh Corporation (Holding Co has a P/E Ratio of 21.95. Investors may also examine a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. A company with a PEG Ratio below one may be seen as undervalued while a PEG Ratio above one may signal that the company is overvalued. A PEG Ratio close to one may be considered to be fair value. Currently, the stock has a PEG Ratio of 1.29.

Let’s take a quick look at stock performance. Shares are currently trading $3.98 away from the 50-day moving average of $69.99 and $5.42 away from the 200-day moving average of $68.55. Shares are currently trading -4.18% away from the 52-week high price of 77.20 and +45.70% off the 52-week low of 50.77. Keeping an eye on the stock price relative to moving averages and yearly highs/lows may help evaluate future stock value.

Leave a Reply

Your email address will not be published. Required fields are marked *