Custom Truck One Source (NYSE:CTOS) Given Buy Rating at DA Davidson

DA Davidson reaffirmed their buy rating on shares of Custom Truck One Source (NYSE:CTOS) in a report published on Wednesday morning,Benzinga reports. The firm currently has a $8.50 price objective on the stock.

Several other equities research analysts have also commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Custom Truck One Source from $6.00 to $6.50 and gave the stock an “underweight” rating in a research report on Wednesday, January 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Custom Truck One Source in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $7.40.

Custom Truck One Source Stock Performance

Shares of CTOS stock opened at $5.97 on Wednesday. The stock has a fifty day moving average price of $6.63 and a 200 day moving average price of $6.27. The stock has a market cap of $1.35 billion, a PE ratio of -39.78 and a beta of 1.14. Custom Truck One Source has a 1 year low of $3.18 and a 1 year high of $7.75. The company has a debt-to-equity ratio of 2.08, a quick ratio of 0.22 and a current ratio of 1.27.

Custom Truck One Source (NYSE:CTOS) last posted its earnings results on Tuesday, March 10th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. Custom Truck One Source had a negative return on equity of 3.90% and a negative net margin of 1.60%.The company had revenue of $528.18 million for the quarter, compared to analyst estimates of $584.76 million. During the same quarter in the prior year, the company earned $0.12 earnings per share. Custom Truck One Source’s revenue was up 1.4% compared to the same quarter last year. Sell-side analysts forecast that Custom Truck One Source will post -0.21 earnings per share for the current fiscal year.

Institutional Trading of Custom Truck One Source

Large investors have recently made changes to their positions in the stock. Canvas Wealth Advisors LLC raised its stake in Custom Truck One Source by 48.5% in the 4th quarter. Canvas Wealth Advisors LLC now owns 7,050,221 shares of the company’s stock valued at $40,609,000 after purchasing an additional 2,303,504 shares during the last quarter. Boston Partners raised its position in shares of Custom Truck One Source by 0.8% in the third quarter. Boston Partners now owns 5,475,307 shares of the company’s stock valued at $35,150,000 after buying an additional 42,232 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Custom Truck One Source by 2.2% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,310,114 shares of the company’s stock valued at $34,090,000 after buying an additional 112,519 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Custom Truck One Source by 10.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,860,981 shares of the company’s stock valued at $28,000,000 after buying an additional 464,819 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Custom Truck One Source by 2.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 4,389,355 shares of the company’s stock valued at $28,575,000 after buying an additional 93,868 shares during the period. Institutional investors and hedge funds own 90.07% of the company’s stock.

Key Headlines Impacting Custom Truck One Source

Here are the key news stories impacting Custom Truck One Source this week:

• Positive Sentiment: Beat on EPS and operational highlights — CTOS reported Q4 EPS of $0.09, above consensus, and management described record rental-business performance and strong revenue vs. prior-year levels, supporting near-term profitability recovery. Earnings Call Transcript
• Positive Sentiment: Record Q4 revenue and growth commentary — Company and coverage highlight record fourth-quarter revenue and management’s projection of continued growth after a strong year, which supports upside if rental demand persists. Press Release
• Positive Sentiment: Analyst reaffirmation with upside — DA Davidson reaffirmed a “buy” rating and $8.50 price target (material potential upside from current levels), providing a bullish institutional endorsement. DA Davidson Note
• Neutral Sentiment: FY‑2026 guidance was issued but appears conservative — management gave a revenue range (~$2.0–$2.1B) slightly below Street expectations, leaving room for upside if execution accelerates but limiting immediate enthusiasm. Slide Deck / Guidance
• Negative Sentiment: Revenue missed Street estimates — Q4 revenue of ~$528.2M was below consensus, which tempers the EPS beat and raises concerns about demand or margin pressure. Revenue Miss Coverage
• Negative Sentiment: Analyst downgrade and lower price target — JPMorgan cut its price target to $6.00 and moved to “underweight,” signaling caution from a major bank and likely adding selling pressure. JPMorgan Note
• Negative Sentiment: Profitability metrics remain weak — the company still shows a negative net margin and negative ROE, which could limit multiple expansion until sustained margin improvement is visible. MarketBeat Summary

About Custom Truck One Source

Custom Truck One Source, Inc (NYSE: CTOS) is a North American provider of specialty rental equipment, parts and services. The company’s fleet encompasses a wide range of assets, including cranes, aerial work platforms, trench safety and shoring equipment, fluid management solutions, generators and other industrial machinery. Customers rely on Custom Truck One Source to support projects in construction, energy, telecommunications, industrial manufacturing, municipalities and large-scale events.

Headquartered in Plano, Texas, Custom Truck One Source has expanded through a combination of organic growth and strategic acquisitions to establish a network of more than 140 branch locations across the United States and Canada.