NYSE:CTOS

Custom Truck One Source (CTOS) Stock Price, News & Analysis

$4.17
-0.73 (-14.90%)
(As of 05/3/2024 ET)
Today's Range
$3.61
$4.34
50-Day Range
$4.17
$6.46
52-Week Range
$3.61
$7.53
Volume
2.39 million shs
Average Volume
600,693 shs
Market Capitalization
$1.00 billion
P/E Ratio
41.70
Dividend Yield
N/A
Price Target
$8.00

Custom Truck One Source MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
91.8% Upside
$8.00 Price Target
Short Interest
Bearish
4.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.40mentions of Custom Truck One Source in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
37.04%
From $0.27 to $0.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.57 out of 5 stars

Auto/Tires/Trucks Sector

175th out of 480 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

31st out of 72 stocks

CTOS stock logo

About Custom Truck One Source Stock (NYSE:CTOS)

Custom Truck One Source, Inc. provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). The ERS segment owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. The TES segment offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. The APS segment provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.

CTOS Stock Price History

CTOS Stock News Headlines

The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Custom Truck One Source (CTOS) to Release Earnings on Thursday
Custom Truck One Source Acquires SOS Fleet Services In Alexandria
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/04/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
2,580
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$11.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+91.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$50.71 million
Pretax Margin
3.11%

Debt

Sales & Book Value

Annual Sales
$1.87 billion
Cash Flow
$0.94 per share
Book Value
$3.67 per share

Miscellaneous

Free Float
227,531,000
Market Cap
$1.00 billion
Optionable
Optionable
Beta
0.69
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Key Executives


CTOS Stock Analysis - Frequently Asked Questions

Should I buy or sell Custom Truck One Source stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Custom Truck One Source in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTOS shares.
View CTOS analyst ratings
or view top-rated stocks.

What is Custom Truck One Source's stock price target for 2024?

5 brokers have issued 1-year price objectives for Custom Truck One Source's stock. Their CTOS share price targets range from $6.00 to $11.00. On average, they predict the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 91.8% from the stock's current price.
View analysts price targets for CTOS
or view top-rated stocks among Wall Street analysts.

How have CTOS shares performed in 2024?

Custom Truck One Source's stock was trading at $6.18 at the beginning of 2024. Since then, CTOS stock has decreased by 32.5% and is now trading at $4.17.
View the best growth stocks for 2024 here
.

Are investors shorting Custom Truck One Source?

Custom Truck One Source saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,430,000 shares, an increase of 44.6% from the March 31st total of 1,680,000 shares. Based on an average daily volume of 541,300 shares, the days-to-cover ratio is presently 4.5 days. Currently, 4.5% of the shares of the company are sold short.
View Custom Truck One Source's Short Interest
.

When is Custom Truck One Source's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our CTOS earnings forecast
.

How were Custom Truck One Source's earnings last quarter?

Custom Truck One Source, Inc. (NYSE:CTOS) issued its earnings results on Thursday, May, 2nd. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.05. The business earned $411.31 million during the quarter, compared to analyst estimates of $455.98 million. Custom Truck One Source had a trailing twelve-month return on equity of 2.46% and a net margin of 1.24%. The business's revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.06 earnings per share.

What guidance has Custom Truck One Source issued on next quarter's earnings?

Custom Truck One Source updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

Who are Custom Truck One Source's major shareholders?

Custom Truck One Source's stock is owned by many different retail and institutional investors. Top institutional shareholders include Canvas Wealth Advisors LLC (1.45%), Mirae Asset Global Investments Co. Ltd. (0.76%), Allspring Global Investments Holdings LLC (0.71%), GSA Capital Partners LLP (0.12%), Register Financial Advisors LLC (0.07%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Christopher J Eperjesy, Ecp Controlco, Llc, Holdings LP Blackstone III, James Carlsen, Mark Ein, Marshall Heinberg, Raymond Todd Barrett, Ryan Mcmonagle and Thomas R Rich.
View institutional ownership trends
.

How do I buy shares of Custom Truck One Source?

Shares of CTOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CTOS) was last updated on 5/5/2024 by MarketBeat.com Staff

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