Oshkosh Corporation Stock Fair Value – Oshkosh Defense Secures $160M JLTV Order from U.S. Army
November 22, 2023
☀️Trending News
Oshkosh Corporation ($NYSE:OSK), a publicly traded company on the New York Stock Exchange (NYSE: OSK), recently announced that its defense subsidiary, Oshkosh Defense, has secured an additional order from the U.S. Army for Joint Light Tactical Vehicles (JLTVs). The contract, valued at $160M, marks a major milestone for the company and demonstrates its commitment to developing and delivering advanced tactical vehicles for the U.S. military. Oshkosh Defense is a leading global provider of defense solutions, with a focus on developing and producing advanced tactical vehicles, such as the JLTV.
This latest order builds on Oshkosh’s long-standing partnership with the U.S. military, which dates back over a century. The latest contract will enable Oshkosh to continue producing JLTVs for the U.S. Army, offering them the most advanced and capable vehicle available.
Price History
On Monday, OSHKOSH CORPORATION made headlines when it announced that its subsidiary, Oshkosh Defense, had secured a $160M order from the U.S. Army for its Joint Light Tactical Vehicle (JLTV). This order reflects the continuing demand for the company’s vehicles in the defense market. Despite the major announcement, OSHKOSH CORPORATION’s stock opened at $97.4 and closed at $95.7, down by 2.0% from the prior closing price of 97.6.
The stock’s decline could be attributed to the fact that the order had already been expected by the market. Nevertheless, this order is a significant win for OSHKOSH CORPORATION and Oshkosh Defense, and further reinforces their leadership position in the defense vehicle market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Oshkosh Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 9.39k | 522.3 | 5.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Oshkosh Corporation. More…
| Operations | Investing | Financing |
| 583 | -1.3k | 338.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Oshkosh Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.86k | 5.31k | 54.17 |
Key Ratios Snapshot
Some of the financial key ratios for Oshkosh Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.9% | 11.1% | 8.2% |
| FCF Margin | ROE | ROA |
| 2.5% | 13.8% | 5.4% |
Analysis – Oshkosh Corporation Stock Fair Value
GoodWhale conducted a fundamental analysis of OSHKOSH CORPORATION and our proprietary Valuation Line determined the fair value of its share to be around $116.7. Currently, OSHKOSH CORPORATION stock is being traded at $95.7, meaning it is undervalued by 18.0%. This presents a great opportunity for investors looking to buy OSHKOSH CORPORATION shares at a discounted price. We recommend that investors take advantage of this opportunity and purchase OSHKOSH CORPORATION shares before the market realizes its true worth and the stock’s price rises again. More…
Peers
The company has a strong competitive position in the market, with a wide range of products and a strong brand.
However, the company faces competition from a number of other companies, including PACCAR Inc, Tadano Ltd, and Wacker Neuson SE.
– PACCAR Inc ($NASDAQ:PCAR)
PACCAR Inc is a global technology leader in the design, manufacture and customer support of high-performance, energy-efficient diesel engines and electric vehicles. The company’s products are used in a variety of applications including trucking, construction, mining, agriculture, logging and other commercial and industrial applications. PACCAR Inc also provides financial services through its subsidiary, PACCAR Financial Corporation, which offers financing for the purchase of PACCAR products and services.
– Tadano Ltd ($TSE:6395)
Tadano Ltd is a Japanese multinational corporation that manufactures and sells construction machinery, cranes, and other equipment. The company has a market cap of 114.35B as of 2022 and a return on equity of 3.54%. Tadano is a leading manufacturer of construction machinery and cranes, and has a strong global presence. The company’s products are used in a variety of industries including construction, mining, forestry, and material handling.
– Wacker Neuson SE ($OTCPK:WKRCF)
Wacker Neuson SE is a German company that manufactures construction equipment. The company has a market capitalization of 979.39 million as of 2022 and a return on equity of 9.24%. The company’s products include excavators, loaders, and pavers.
Summary
Oshkosh Corporation (NYSE: OSK) is an industrial company that designs, manufactures, and markets specialty vehicles and vehicle bodies. The company recently received an additional order from the U.S. Army worth $160M for its Joint Light Tactical Vehicle program. Investors should evaluate the company’s financial performance to determine if it is a good investment opportunity.
These metrics include revenue, gross profits, net income, earnings per share (EPS), and return on equity (ROE). Investors should also consider the company’s diversification of product lines and customer base, its history of innovation, and its global presence as factors in their decision.
