Oshkosh stock hits 52-week high at 129.06 USD

Oshkosh (NYSE:OSK) Corporation’s stock reached a 52-week high, hitting 129.06 USD, with an impressive year-to-date return of 35.8%. According to InvestingPro analysis, the stock’s RSI suggests overbought territory, while the company maintains a solid financial health score of "GOOD." This milestone marks a significant upswing for the company, reflecting positive investor sentiment over the past year. The stock has delivered a 32.4% return over the past six months, supported by 12 consecutive years of dividend increases. This achievement highlights Oshkosh’s resilience and successful strategic initiatives in a competitive market environment. As the company continues to navigate industry challenges with moderate debt levels and strong liquidity, its recent stock performance may attract further attention from analysts and investors looking for robust growth opportunities. Get access to 10+ additional exclusive InvestingPro Tips and comprehensive analysis for Oshkosh Corporation.

In other recent news, Oshkosh Corporation has reported several significant developments. The company secured a $792 million contract extension from the U.S. Army for its Family of Medium Tactical Vehicles A2, following a competitive bidding process. Additionally, Oshkosh Defense has received orders valued at $167 million from the U.S. Army for 225 trucks and 54 trailers under the Family of Heavy Tactical Vehicles contract. This order includes the HEMTT A4 variants and the autonomous-ready Palletized Load System A2. In international dealings, the Netherlands Ministry of Defense finalized an agreement with Oshkosh Defense to purchase 150 Dutch Expeditionary Patrol Vehicles for the Royal Netherlands Marine Corps.

Furthermore, Oshkosh Defense has secured a three-year contract extension for its Family of Medium Tactical Vehicles A2, allowing continued orders through February 2028. On the financial front, Goldman Sachs has upgraded Oshkosh from Neutral to Buy, citing a favorable outlook for defense contracts and raising the price target to $131.00. These developments highlight Oshkosh’s expanding role in both domestic and international defense sectors.

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