NYSE:CTOS

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

$4.82
+0.12 (+2.55%)
(As of 05/17/2024 ET)
Today's Range
$4.68
$4.83
50-Day Range
$3.88
$5.98
52-Week Range
$3.61
$7.53
Volume
983,689 shs
Average Volume
581,069 shs
Market Capitalization
$1.16 billion
P/E Ratio
48.25
Dividend Yield
N/A
Price Target
$7.80

Custom Truck One Source MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
61.7% Upside
$7.80 Price Target
Short Interest
Bearish
5.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.60mentions of Custom Truck One Source in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$293,560 Bought Last Quarter
Proj. Earnings Growth
53.33%
From $0.15 to $0.23 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.

3.51 out of 5 stars

Auto/Tires/Trucks Sector

27th out of 81 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

5th out of 12 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

Custom Truck One Source Acquires SOS Fleet Services In Alexandria
See More Headlines
Receive CTOS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Custom Truck One Source and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/02/2024
Today
5/17/2024
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
$7.80
High Stock Price Target
$11.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+61.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$50.71 million
Pretax Margin
1.49%

Debt

Sales & Book Value

Annual Sales
$1.87 billion
Cash Flow
$1.17 per share
Book Value
$3.73 per share

Miscellaneous

Free Float
227,676,000
Market Cap
$1.16 billion
Optionable
Optionable
Beta
0.69
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives


CTOS Stock Analysis - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Custom Truck One Source in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research 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 Wall Street analysts have issued 1-year price targets for Custom Truck One Source's shares. Their CTOS share price targets range from $6.00 to $11.00. On average, they predict the company's stock price to reach $7.80 in the next year. This suggests a possible upside of 61.7% 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 on January 1st, 2024. Since then, CTOS shares have decreased by 21.9% and is now trading at $4.8250.
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 in the month of April. As of April 30th, there was short interest totaling 3,110,000 shares, an increase of 28.0% from the April 15th total of 2,430,000 shares. Based on an average daily volume of 619,600 shares, the short-interest ratio is presently 5.0 days. Currently, 5.7% 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) announced its earnings results on Thursday, May, 2nd. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by $0.05. The company had revenue of $411.31 million for the quarter, compared to analysts' expectations of $455.98 million. Custom Truck One Source had a net margin of 1.24% and a trailing twelve-month return on equity of 2.48%. Custom Truck One Source's revenue for the quarter was down 9.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.06 earnings per share.

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

Custom Truck One Source issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share 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%), Vanguard Group Inc. (1.33%), Clearbridge Investments LLC (0.80%), Mirae Asset Global Investments Co. Ltd. (0.76%), Allspring Global Investments Holdings LLC (0.71%) and Heartland Advisors Inc. (0.18%). 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 5/18/2024 by MarketBeat.com Staff

From Our Partners