Purchase Details
Company: | Oshkosh |
Ticker: | OSK |
Yahoo Beta: | 1.36 |
Industry: | Farm & heavy construction machinery |
Company Description: Oshkosh Corporation is a leading manufacturer, marketer, and innovator of access equipment, specialty vehicles, and truck bodies. Oshkosh operates in several markets including access equipment, defense, fire & emergency, refuse hauling, and concrete placement.
Purchase Date: | 20 Apr 2022 |
Purchase Price: | $100.40 |
--Split Adjusted: | $100.40 |
Shares Purchased: | 60 |
--Split Adjusted: | 160 |
Transaction Fee: | $0.00 |
Price Range (6 Months Prior): | |
High | $124.50 |
Date | 18 Jan 2022 |
Low | $93.88 |
Date | 08 Apr 2022 |
S&P (Purchase Date): | $4,459.45 |
Timing: We bought below the midpoint of the six month range. |
Reason: 1. Diversified Business Model: Oshkosh designs and manufactures its product offerings in several sectors, including defense, fire & emergency, commercial, and access equipment 2. Experienced Management Team: Oshkosh’s management and board have a wide range of experience relevant to the company’s operations 3. Market Trends: Increased investment in defense and infrastructure both domestically and internationally play to Oshkosh’s historical strengths 4. Well-Defined Growth Strategy: The company balances innovation in electrification and autonomous vehicles, extended product service, and strategic acquisitions to position itself for future growth 5. Strong Financial Performance: Oshkosh boasts an excellent financial profile which includes strong turnover ratios, low debt levels, and an industry-leading ROA 6. Attractive Valuation: Oshkosh is currently undervalued in the market given the company’s strong financial metrics, positive exposure to macroeconomic trends, and strong business relationships; the market appears to be overreacting to supply chain challenges |
Total Spent: $6,024.00