Should Value Investors Buy Oshkosh (OSK) Stock?

OSK

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

Oshkosh (OSK - Free Report) is a stock many investors are watching right now. OSK is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 11.42 right now. For comparison, its industry sports an average P/E of 16.08. Over the past 52 weeks, OSK's Forward P/E has been as high as 14.87 and as low as 9.52, with a median of 11.08.

Finally, investors will want to recognize that OSK has a P/CF ratio of 10.46. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. OSK's current P/CF looks attractive when compared to its industry's average P/CF of 21.28. Over the past year, OSK's P/CF has been as high as 14.64 and as low as 8.63, with a median of 10.77.

Value investors will likely look at more than just these metrics, but the above data helps show that Oshkosh is likely undervalued currently. And when considering the strength of its earnings outlook, OSK sticks out at as one of the market's strongest value stocks.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

See This Stock Now for Free >>