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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Custom Truck One Source in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTOS shares.
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5 analysts have issued 1 year price targets for Custom Truck One Source's shares. Their CTOS share price forecasts range from $7.50 to $12.00. On average, they anticipate the company's stock price to reach $9.58 in the next year. This suggests a possible upside of 54.3% from the stock's current price.
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Custom Truck One Source's stock was trading at $6.32 on January 1st, 2023. Since then, CTOS shares have decreased by 1.7% and is now trading at $6.21.
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Custom Truck One Source saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,820,000 shares, a decrease of 16.9% from the August 15th total of 2,190,000 shares. Based on an average trading volume of 308,300 shares, the short-interest ratio is presently 5.9 days. Currently, 3.0% of the shares of the stock are short sold.
View Custom Truck One Source's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our CTOS earnings forecast.

Custom Truck One Source, Inc. (NYSE:CTOS) announced its quarterly earnings results on Tuesday, August, 8th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. The business had revenue of $456.80 million for the quarter, compared to the consensus estimate of $387.92 million. Custom Truck One Source had a net margin of 3.08% and a trailing twelve-month return on equity of 6.64%. The firm's revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.03 earnings per share.

Custom Truck One Source issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.73 billion-$1.83 billion, compared to the consensus revenue estimate of $1.71 billion.

Custom Truck One Source trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTOS."

Custom Truck One Source's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (1.48%), Canvas Wealth Advisors LLC (1.33%), Allspring Global Investments Holdings LLC (0.97%), Allspring Global Investments Holdings LLC (0.97%), Mirae Asset Global Investments Co. Ltd. (0.80%) and Clearbridge Investments LLC (0.76%). 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.
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Shares of CTOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CTOS stock can currently be purchased for approximately $6.21.

Custom Truck One Source (NYSE:CTOS) has a market capitalization of $1.53 billion and generates $1.57 billion in revenue each year. The company earns $38.90 million in net income (profit) each year or $0.23 on an earnings per share basis.

The company employs 2,270 workers across the globe.

Custom Truck One Source's mailing address is 7701 INDEPENDENCE AVENUE, KANSAS CITY MO, 64125. The official website for the company is www.customtruck.com. The company can be reached via phone at (816) 241-4888 or via email at investors@customtruck.com.