Large Outflow of Money Witnessed in Oshkosh Corporation

Oshkosh Corporation (OSK) surged 0.2% during the last session. The last traded price was up 0.14 points at $69.77. The data for the fund flow suggests that the net intraday money flow was $(-1.63) million. The fund value in upticks was recorded to be $4.11 million and in downticks, it was found to be $5.74 million. The up/down ratio for the day was measured to be 0.72. For the week, the shares have seen a percentage change of -3.83%.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Oshkosh Corporation has dropped 4.97% in the last five trading days, however, the shares have posted positive gains of 7.54% in the last 4 weeks. Oshkosh Corporation is up 30.28% in the last 3-month period. Year-to-Date the stock performance stands at 7.54%. Oshkosh Corporation (NYSE:OSK) witnessed a decline in the market cap on Wednesday as its shares dropped 0.22% or 0.15 points. After the session commenced at $70.42, the stock reached the higher end at $71.4 while it hit a low of $69. With the volume soaring to 864,638 shares, the last trade was called at $69.48. The company has a 52-week high of $74.16. The company has a market cap of $5,184 million and there are 74,611,447 shares in outstanding. The 52-week low of the share price is $29.75.

Company has reported several Insider transactions to the SEC, on Dec 1, 2016, Craig P Omtvedt (director) sold 2,300 shares at 70.00 per share price.On Nov 28, 2016, Marek W. May (Senior VP, Operations) sold 9,616 shares at 69.74 per share price.On Nov 21, 2016, Colleen R. Moynihan (Senior VP, Quality & Cont Impr) sold 5,200 shares at 66.30 per share price.

Oshkosh Corp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.14. Analyst had a consensus of $0.12. The company had revenue of $1211.40 million for the quarter, compared to analysts expectations of $1185.55 million. The companys revenue was down -3.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.19 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Outperform, Raises Price Target to $ 79 from a previous price target of $74 .Oshkosh Corp was Downgraded by JP Morgan to Neutral on Dec 9, 2016. Oshkosh Corp was Downgraded by Longbow to Neutral on Dec 6, 2016. Oshkosh Corp was Downgraded by BofA/Merrill to Neutral on Nov 17, 2016.

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Medtec, Jerr-Dan, BAI, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, Con-E-Co, London and IMT. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount.


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