Standpoint Research Starts Oshkosh (OSK) at Buy
Get Alerts OSK Hot Sheet
Price: $118.69 -2.11%
Rating Summary:
15 Buy, 15 Hold, 1 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 10
Rating Summary:
15 Buy, 15 Hold, 1 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 10
Join SI Premium – FREE
Standpoint Research initiates coverage on Oshkosh (NYSE: OSK) with a Buy. PT $24.00.
The firm states, "OSK shares were washed out and oversold on fears of how government spending cuts would impact OSK. More than two-thirds of OSK revenue comes from the government. In the last week estimates for 2012 EPS have come down from $3.53 to $2.24 leaving OSK at 8X forward estimates. Revenue estimates are for $7.6 bln leaving OSK market capitalization at 0.2X sales. OSK revenues last year were $9.8 bln."
For more ratings news on Oshkosh click here and for the rating history of Oshkosh click here.
Shares of Oshkosh closed at $17.21 yesterday.
The firm states, "OSK shares were washed out and oversold on fears of how government spending cuts would impact OSK. More than two-thirds of OSK revenue comes from the government. In the last week estimates for 2012 EPS have come down from $3.53 to $2.24 leaving OSK at 8X forward estimates. Revenue estimates are for $7.6 bln leaving OSK market capitalization at 0.2X sales. OSK revenues last year were $9.8 bln."
For more ratings news on Oshkosh click here and for the rating history of Oshkosh click here.
Shares of Oshkosh closed at $17.21 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Oshkosh Corp. (OSK) Tops Q1 EPS by 64c
- Goldman Sachs Starts Victoria's Secret (VSCO) at Sell, 'Tough macro and ongoing competitive pressures'
- Goldman Sachs Resumes JD.com, Inc (JD) at Buy
Create E-mail Alert Related Categories
New CoverageRelated Entities
Standpoint ResearchSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!