Price movement

Oshkosh (OSK) rose 4.2% to close at $72.55 per share during the fourth week of January 2017. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.2%, 9.3%, and 12.3%, respectively, on January 27, 2017.

OSK is trading 6.5% above its 20-day moving average, 6.3% above its 50-day moving average, and 32.9% above its 200-day moving average.

Oshkosh Declares Its Fiscal 1Q17 Results and Quarterly Dividend

Related ETF and peers

The PowerShares Aerospace & Defense ETF (PPA) invests 1.3% of its holdings in Oshkosh. The YTD price movement of PPA was 1.2% on January 27.

The market caps of Oshkosh’s competitors are as follows:

  • Terex (TEX) — $3.5 billion
  • Caterpillar (CAT) — $57.9 billion

Performance of Oshkosh in fiscal 1Q17

Oshkosh reported fiscal 1Q17 net sales of $1.2 billion, a fall of 3.2% compared to its net sales of $1.3 billion in fiscal 1Q16. Sales of its Access Equipment, Defense, and Commercial segments fell 7.7%, 7.4%, and 0.5%, respectively, and sales of its Fire & Emergency segment rose 12.0% in fiscal 1Q17 compared to fiscal 1Q16.

The company’s gross profit margin and operating margin expanded 190 basis points and 60 basis points, respectively, in fiscal 1Q17 compared to fiscal 1Q16.

Its net income and EPS (earnings per share) rose to $19.2 million and $0.26, respectively, in fiscal 1Q17 compared to $14.6 million and $0.19, respectively, in fiscal 1Q16.

Oshkosh’s cash and cash equivalents and inventories rose 14.8% and 23.4%, respectively, between fiscal 1Q17 and fiscal 4Q16.

Quarterly dividend

Oshkosh has declared a quarterly cash dividend of $0.21 per share on its common stock. The dividend will be paid on February 27, 2017, to shareholders of record as of February 13, 2017.

Projections

Oshkosh has made the following projections for its fiscal 2017:

  • revenue in the range of $6.5 billion–$6.7 billion
  • adjusted EPS in the range of $3.00–$3.40
  • adjusted operating income in the range of $390 million–$430 million

Next, let’s look at Kimberly-Clark (KMB).

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