Custom Truck One Source's (CTOS) Overweight Rating Reaffirmed at Cantor Fitzgerald

Custom Truck One Source (NYSE:CTOS - Get Free Report)'s stock had its "overweight" rating reaffirmed by research analysts at Cantor Fitzgerald in a research note issued to investors on Tuesday, Benzinga reports. They presently have a $14.00 target price on the stock. Cantor Fitzgerald's target price indicates a potential upside of 54.78% from the stock's current price.

A number of other brokerages have also recently commented on CTOS. Weiss Ratings upgraded Custom Truck One Source from a "sell (d-)" rating to a "hold (c)" rating in a report on Tuesday, September 22nd. DA Davidson restated a "buy" rating and set a $13.00 target price on shares of Custom Truck One Source in a research report on Tuesday, September 15th. Zacks Research lowered Custom Truck One Source from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 5th. Oppenheimer boosted their price objective on shares of Custom Truck One Source from $11.00 to $13.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Finally, Robert W. Baird raised their price target on shares of Custom Truck One Source from $10.00 to $12.00 and gave the company a "neutral" rating in a report on Tuesday, August 4th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Custom Truck One Source presently has an average rating of "Hold" and a consensus price target of $12.00.

Custom Truck One Source Trading Down 0.2%

Custom Truck One Source stock opened at $9.05 on Tuesday. The stock's 50 day simple moving average is $9.36 and its two-hundred day simple moving average is $8.74. Custom Truck One Source has a 12 month low of $5.18 and a 12 month high of $12.23. The firm has a market cap of $2.06 billion, a PE ratio of 100.50 and a beta of 1.43. The company has a current ratio of 1.34, a quick ratio of 0.29 and a debt-to-equity ratio of 2.03.

Custom Truck One Source (NYSE:CTOS - Get Free Report) last posted its quarterly earnings data on Monday, October 26th. The company reported $0.01 EPS for the quarter, meeting analysts' consensus estimates of $0.01. The business had revenue of $495.22 million during the quarter, compared to analysts' expectations of $516.51 million. Custom Truck One Source had a return on equity of 2.66% and a net margin of 1.05%. The business's revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.03) earnings per share. Analysts anticipate that Custom Truck One Source will post 0.13 earnings per share for the current year.

Institutional Investors Weigh In On Custom Truck One Source

Large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Custom Truck One Source in the second quarter valued at $28,000. State of Alaska Department of Revenue bought a new stake in Custom Truck One Source during the 3rd quarter worth about $94,000. Entropy Technologies LP acquired a new stake in Custom Truck One Source in the 1st quarter valued at about $111,000. R Squared Ltd increased its position in Custom Truck One Source by 14.2% in the 1st quarter. R Squared Ltd now owns 18,894 shares of the company's stock valued at $124,000 after acquiring an additional 2,349 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Custom Truck One Source in the first quarter worth about $125,000. Institutional investors own 90.07% of the company's stock.

Key Stories Impacting Custom Truck One Source

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

• Positive Sentiment: CTOS reported adjusted earnings of $0.01 per share, matching consensus and improving from a $0.03-per-share loss in the prior-year quarter. Revenue increased 2.7% year over year to $495.2 million, while rental revenue rose 20.1%. Zacks earnings report
• Positive Sentiment: Gross profit rose 12.4% to $113.3 million and operating profit increased 16.7% to $38.1 million, indicating improved profitability despite limited top-line growth. Operating cash flow more than doubled to $163.5 million. 247WallSt earnings analysis
• Positive Sentiment: Management increased full-year 2026 adjusted EBITDA and specialty equipment rental revenue guidance, supporting the outlook for continued rental demand and operating improvement. Custom Truck One Source guidance announcement

Custom Truck One Source Company Profile

Custom Truck One Source, Inc is a specialty equipment provider serving the utility, telecommunications, rail, and related infrastructure industries. The company sells, rents, leases, and services new and used trucks and equipment, including aerial devices, cranes, digger derricks, bucket trucks, service trucks, trailers, and other specialized vehicles.

Through its parts and service operations, Custom Truck One Source provides replacement parts, maintenance, repair, refurbishment, and field support for specialty equipment.