Custom Truck One Source (CTOS) to Release Quarterly Earnings on Wednesday

Custom Truck One Source (NYSE:CTOS - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 30th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $460.73 million for the quarter. Custom Truck One Source has set its FY 2025 guidance at EPS.

Custom Truck One Source (NYSE:CTOS - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.01). The business had revenue of $422.23 million for the quarter, compared to analyst estimates of $435.19 million. Custom Truck One Source had a negative return on equity of 6.02% and a negative net margin of 1.77%. The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.06) EPS. On average, analysts expect Custom Truck One Source to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Custom Truck One Source Stock Up 2.5%

Shares of NYSE:CTOS traded up $0.15 during mid-day trading on Friday, reaching $5.96. 646,118 shares of the stock were exchanged, compared to its average volume of 873,996. The company has a quick ratio of 0.24, a current ratio of 1.29 and a debt-to-equity ratio of 1.96. The company has a market cap of $1.34 billion, a P/E ratio of -45.81 and a beta of 1.18. Custom Truck One Source has a one year low of $3.03 and a one year high of $6.11. The stock's 50 day simple moving average is $4.92 and its 200-day simple moving average is $4.65.

Hedge Funds Weigh In On Custom Truck One Source

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC bought a new position in shares of Custom Truck One Source in the 1st quarter valued at $63,000. Cubist Systematic Strategies LLC bought a new position in shares of Custom Truck One Source in the 1st quarter valued at $71,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Custom Truck One Source by 223.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 529,589 shares of the company's stock valued at $2,235,000 after purchasing an additional 365,862 shares during the last quarter. 90.07% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CTOS shares. Baird R W cut Custom Truck One Source from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 28th. Robert W. Baird cut Custom Truck One Source from an "outperform" rating to a "neutral" rating and set a $5.00 price target for the company. in a report on Monday, April 28th. Finally, Stifel Nicolaus set a $7.00 price target on Custom Truck One Source and gave the stock a "buy" rating in a report on Tuesday, July 15th.

Custom Truck One Source Company Profile

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).