Yahoo Finance Why Oshkosh (OSK) is a Top Value Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Oshkosh (OSK)
WI-based Oshkosh Corporation is a producer and seller of a varied range of vehicle bodies and specialty vehicles. It is also engaged in equipment financing and leasing solutions for its customers, primarily through third-party funding arrangements. Oshkosh has manufacturing operations in the United States, Australia, Canada, China, France, Mexico and the United Kingdom, apart from seven states of the United States.
OSK is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of B. Shares are currently trading at a forward P/E of 8.4X for the current fiscal year compared to the Automotive - Original Equipment industry's P/E of 11.9X. Additionally, OSK has a PEG Ratio of 0.9 and a Price/Cash Flow ratio of 7.8X. Value investors should also note OSK's Price/Sales ratio of 0.6X.
Many value investors pay close attention to a company's earnings as well. For OSK, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.43 to $11.64 per share for 2024. Per share OSK boasts an average earnings surprise of 24%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding OSK to their portfolios.
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Oshkosh Corporation (OSK) : Free Stock Analysis Report
