Custom Truck One Source, Inc. $CTOS Shares Sold by Jump Financial LLC

Jump Financial LLC trimmed its holdings in shares of Custom Truck One Source, Inc. (NYSE:CTOS) by 72.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,000 shares of the company’s stock after selling 39,000 shares during the quarter. Jump Financial LLC’s holdings in Custom Truck One Source were worth $63,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Biondo Investment Advisors LLC boosted its holdings in Custom Truck One Source by 60.6% during the 1st quarter. Biondo Investment Advisors LLC now owns 114,000 shares of the company’s stock valued at $481,000 after acquiring an additional 43,000 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in Custom Truck One Source by 4.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 7,724,424 shares of the company’s stock valued at $32,598,000 after acquiring an additional 316,642 shares during the period. Maven Securities LTD boosted its holdings in Custom Truck One Source by 114.2% during the 1st quarter. Maven Securities LTD now owns 85,673 shares of the company’s stock valued at $362,000 after acquiring an additional 45,673 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in Custom Truck One Source by 3.6% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 110,500 shares of the company’s stock valued at $466,000 after acquiring an additional 3,800 shares during the period. Finally, Sei Investments Co. boosted its holdings in Custom Truck One Source by 4.0% during the 1st quarter. Sei Investments Co. now owns 129,520 shares of the company’s stock valued at $547,000 after acquiring an additional 4,955 shares during the period. 90.07% of the stock is currently owned by hedge funds and other institutional investors.

Custom Truck One Source Stock Performance

Shares of CTOS opened at $6.09 on Friday. The stock has a 50-day simple moving average of $5.73 and a 200-day simple moving average of $4.85. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.23 and a current ratio of 1.26. The stock has a market capitalization of $1.38 billion, a PE ratio of -38.03 and a beta of 1.22. Custom Truck One Source, Inc. has a 1 year low of $3.03 and a 1 year high of $6.64.

Custom Truck One Source (NYSE:CTOS) last announced its quarterly earnings data on Wednesday, July 30th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The company had revenue of $511.48 million during the quarter, compared to analysts’ expectations of $460.73 million. Custom Truck One Source had a negative net margin of 1.89% and a negative return on equity of 6.61%. The business’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.10) EPS. Custom Truck One Source has set its FY 2025 guidance at EPS. On average, analysts predict that Custom Truck One Source, Inc. will post -0.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Stifel Nicolaus set a $7.00 target price on Custom Truck One Source and gave the company a “buy” rating in a report on Tuesday, July 15th. JPMorgan Chase & Co. restated an “underweight” rating and set a $5.50 target price (down from $6.00) on shares of Custom Truck One Source in a report on Wednesday, August 20th. Finally, Oppenheimer set a $8.00 target price on Custom Truck One Source and gave the company an “outperform” rating in a report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $6.38.

Custom Truck One Source Company Profile

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).