Custom Truck One Source (NYSE:CTOS) Price Target Lowered to $6.00 at JPMorgan Chase & Co.

Custom Truck One Source (NYSE:CTOS) had its price objective trimmed by JPMorgan Chase & Co. from $6.50 to $6.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has an underweight rating on the stock.

A number of other research analysts have also recently weighed in on CTOS. Weiss Ratings restated a “sell (d-)” rating on shares of Custom Truck One Source in a report on Wednesday, January 21st. DA Davidson reissued a “buy” rating and issued a $8.50 price target on shares of Custom Truck One Source in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Custom Truck One Source presently has a consensus rating of “Hold” and an average price target of $7.40.

Custom Truck One Source Trading Up 5.4%

Shares of CTOS opened at $5.97 on Wednesday. The firm has a market capitalization of $1.35 billion, a P/E ratio of -39.78 and a beta of 1.14. The company has a current ratio of 1.27, a quick ratio of 0.22 and a debt-to-equity ratio of 2.08. The firm has a 50-day moving average price of $6.63 and a 200 day moving average price of $6.27. Custom Truck One Source has a 12-month low of $3.18 and a 12-month high of $7.75.

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

Institutional Trading of Custom Truck One Source

Large investors have recently made changes to their positions in the company. Canvas Wealth Advisors LLC grew its holdings in Custom Truck One Source by 48.5% during the 4th quarter. Canvas Wealth Advisors LLC now owns 7,050,221 shares of the company’s stock worth $40,609,000 after acquiring an additional 2,303,504 shares in the last quarter. Boston Partners lifted its position in shares of Custom Truck One Source by 71.5% during the 2nd quarter. Boston Partners now owns 5,433,075 shares of the company’s stock worth $26,849,000 after purchasing an additional 2,264,366 shares during the last quarter. M&T Bank Corp lifted its position in shares of Custom Truck One Source by 3,477.5% during the 4th quarter. M&T Bank Corp now owns 938,098 shares of the company’s stock worth $5,403,000 after purchasing an additional 911,876 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Custom Truck One Source by 221.9% during the fourth quarter. First Trust Advisors LP now owns 1,222,875 shares of the company’s stock worth $7,044,000 after purchasing an additional 842,964 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in Custom Truck One Source by 42.9% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,500,229 shares of the company’s stock valued at $14,401,000 after buying an additional 750,000 shares during the last quarter. 90.07% of the stock is currently owned by hedge funds and other institutional investors.

Custom Truck One Source News Roundup

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.