Shares of Oshkosh Corporation (NYSE:OSK) were gapping up Friday morning with an open price 10.4% higher than Thursday's closing price. The stock closed at $34.58 yesterday and opened today's trading at $38.17.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Shares of Oshkosh Corporation (NYSE: OSK) were gapping up Friday morning with an open price 10.4% higher than Thursday's closing price. The stock closed at $34.58 Thursday and opened today's trading at $38.17.
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The average volume for Oshkosh has been 1.1 million shares per day over the past 30 days. Oshkosh has a market cap of $3.09 billion and is part of the consumer goods sector and automotive industry. Shares are up 14.3% year to date as of the close of trading on Thursday. Oshkosh Corporation designs, manufactures, and markets a range of specialty vehicles and vehicle bodies worldwide. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Oshkosh as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Oshkosh Ratings Report. Get more investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.