Custom Truck One Source (NYSE:CTOS - Get Free Report)'s stock had its "sell (d-)" rating reissued by analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.
CTOS has been the topic of several other research reports. Oppenheimer set a $8.00 target price on Custom Truck One Source and gave the company an "outperform" rating in a research note on Monday, August 4th. JPMorgan Chase & Co. restated an "underweight" rating and issued a $5.50 target price (down previously from $6.00) on shares of Custom Truck One Source in a research note on Wednesday, August 20th. Finally, Stifel Nicolaus set a $7.00 price objective on Custom Truck One Source and gave the stock a "buy" rating in a research note on Tuesday, July 15th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Custom Truck One Source currently has a consensus rating of "Hold" and a consensus price target of $6.38.
View Our Latest Report on CTOS
Custom Truck One Source Stock Up 1.3%
Shares of CTOS traded up $0.08 on Wednesday, hitting $6.28. The company's stock had a trading volume of 588,081 shares, compared to its average volume of 877,418. The company has a quick ratio of 0.23, a current ratio of 1.26 and a debt-to-equity ratio of 2.01. The firm's fifty day moving average price is $6.01 and its 200-day moving average price is $5.08. Custom Truck One Source has a fifty-two week low of $3.03 and a fifty-two week high of $6.64. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of -39.25 and a beta of 1.26.
Custom Truck One Source (NYSE:CTOS - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The firm had revenue of $511.48 million during the quarter, compared to the consensus estimate of $460.73 million. Custom Truck One Source had a negative net margin of 1.89% and a negative return on equity of 6.61%. The company's revenue was up 20.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.10) EPS. Custom Truck One Source has set its FY 2025 guidance at EPS. On average, equities research analysts expect that Custom Truck One Source will post -0.21 EPS for the current year.
Institutional Investors Weigh In On Custom Truck One Source
Large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its stake in Custom Truck One Source by 92.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 5,859 shares of the company's stock valued at $29,000 after acquiring an additional 2,809 shares during the period. Quantbot Technologies LP bought a new stake in Custom Truck One Source in the 2nd quarter valued at $35,000. Teacher Retirement System of Texas bought a new stake in Custom Truck One Source in the 1st quarter valued at $43,000. Teza Capital Management LLC bought a new stake in Custom Truck One Source in the 1st quarter valued at $45,000. Finally, Jane Street Group LLC bought a new stake in Custom Truck One Source in the 2nd quarter valued at $58,000. Institutional investors own 90.07% of the company's stock.
About Custom Truck One Source
(
Get Free Report)
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).
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