Why Oshkosh (OSK) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.
Oshkosh (OSK)
Established in 1917, 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 the seven states of the United States.
OSK is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 2.9% year-over-year for the current fiscal year, with sales growth of 6.7%.
Five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.18 to $10.27 per share for 2024. OSK boasts an average earnings surprise of 46.8%.
On a historic basis, Oshkosh has generated cash flow growth of 6.5%, and is expected to report cash flow expansion of 143% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, OSK should be on investors' short lists.
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Oshkosh Corporation (OSK) : Free Stock Analysis Report
