DA Davidson has revised its price target for Oshkosh Corporation (OSK, Financial), lowering it from $139 to $120 while maintaining a Buy rating. The adjustment reflects ongoing uncertainties impacting the machinery sector as the company approaches its Q1 earnings report. Factors contributing to this uncertainty include indecision among dealers and end-users, driven by unclear policy directions and unresolved tariff issues.
Despite an initial wave of optimism following recent elections, machinery end-users are now navigating a landscape fraught with policy ambiguities. While the immediate threat of tariffs has been deferred, questions surrounding tax and general policy remain unanswered. Such uncertainties affect investment decisions, with many stakeholders hesitant to commit to significant expenditures.
However, the firm highlights that companies like Oshkosh, which primarily cater to government clientele and supply essential safety-related products, are potentially more resilient. These entities are expected to perform better compared to those reliant on large, private-sector capital expenditures. While no company is entirely immune to potential tariffs or recessionary environments, those with government-oriented and essential service offerings may have a strategic edge.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Oshkosh Corp (OSK, Financial) is $114.27 with a high estimate of $163.00 and a low estimate of $91.00. The average target implies an upside of 35.22% from the current price of $84.50. More detailed estimate data can be found on the Oshkosh Corp (OSK) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Oshkosh Corp's (OSK, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Oshkosh Corp (OSK, Financial) in one year is $115.48, suggesting a upside of 36.66% from the current price of $84.5. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Oshkosh Corp (OSK) Summary page.
