Custom Truck One Source (NYSE:CTOS) Stock Keeps "Buy" Rating at DA Davidson

Custom Truck One Source (NYSE:CTOS - Get Free Report)'s stock had its "buy" rating reiterated by DA Davidson in a research report issued to clients and investors on Tuesday, Benzinga reports. They presently have a $13.00 target price on the stock. DA Davidson's price objective indicates a potential upside of 26.77% from the stock's current price.

A number of other brokerages also recently weighed in 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. Cantor Fitzgerald reiterated an "overweight" rating and set a $14.00 price target on shares of Custom Truck One Source in a report on Tuesday. Zacks Research downgraded Custom Truck One Source from a "strong-buy" rating to a "hold" rating in a report on Monday, October 5th. Oppenheimer increased their price target on Custom Truck One Source from $11.00 to $13.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Finally, Robert W. Baird raised their target price on Custom Truck One Source from $10.00 to $12.00 and gave the company a "neutral" rating in a research note on Tuesday, August 4th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Custom Truck One Source presently has a consensus rating of "Hold" and a consensus target price of $12.00.

Custom Truck One Source Trading Up 13.8%

Custom Truck One Source stock traded up $1.25 during trading hours on Tuesday, reaching $10.26. 755,684 shares of the company's stock were exchanged, compared to its average volume of 976,424. The company has a quick ratio of 0.29, a current ratio of 1.34 and a debt-to-equity ratio of 2.03. The firm's 50 day simple moving average is $9.36 and its 200 day simple moving average is $8.74. Custom Truck One Source has a twelve month low of $5.18 and a twelve month high of $12.23. The firm has a market capitalization of $2.33 billion, a PE ratio of 114.00 and a beta of 1.43.

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

Institutional Trading of Custom Truck One Source

Several large investors have recently made changes to their positions in CTOS. State of Alaska Department of Revenue acquired a new stake in shares of Custom Truck One Source in the 3rd quarter valued at about $94,000. Tidal Investments LLC bought a new position in Custom Truck One Source in the 2nd quarter valued at about $987,000. Integrated Wealth Concepts LLC bought a new position in Custom Truck One Source in the 2nd quarter valued at about $28,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Custom Truck One Source in the 2nd quarter valued at about $791,000. Finally, Bank of New York Mellon Corp bought a new position in Custom Truck One Source in the 2nd quarter valued at about $1,842,000. 90.07% of the stock is currently owned by institutional investors and hedge funds.

Custom Truck One Source News Summary

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

• Positive Sentiment: CTOS reported record third-quarter results and raised its full-year 2026 adjusted EBITDA and specialty equipment rental (SER) revenue guidance, signaling improved operating expectations. Custom Truck One Source Reports Record Third Quarter 2026 Results
• Positive Sentiment: Third-quarter revenue increased 2.7% year over year to $495.2 million, while rental revenue grew 20.1%. Gross profit rose 12.4% to $113.3 million and operating profit increased 16.7% to $38.1 million, demonstrating margin improvement. Custom Truck One Source Q3 2026 Earnings
• Positive Sentiment: Operating cash flow more than doubled year over year to $163.5 million, supporting the company’s investment in equipment and infrastructure. Custom Truck One Source Q3 Earnings
• Positive Sentiment: Cantor Fitzgerald reaffirmed its “overweight” rating and assigned a $14 price target, implying substantial upside from recent trading levels. Cantor Fitzgerald Stock Recommendations
• Neutral Sentiment: Adjusted earnings were $0.01 per share, matching consensus and improving from a $0.03 loss a year earlier. This indicates a return to profitability, but earnings remain modest. CTOS Matches Q3 Earnings Estimates
• Negative Sentiment: Revenue fell short of analyst expectations of approximately $516.5 million, with management citing weather-related pressure. The company also had $2.8 billion in total liabilities and only $14.6 million in cash, highlighting balance-sheet risk. CTOS Q3 Revenue Earnings Flash

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.