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

4 Wall Street research 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTOS shares.
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4 brokers have issued 1 year price objectives for Custom Truck One Source's shares. Their CTOS share price forecasts range from $7.50 to $12.00. On average, they predict the company's stock price to reach $9.17 in the next year. This suggests a possible upside of 35.6% from the stock's current price.
View analysts price targets for CTOS or view top-rated stocks among Wall Street analysts.

Custom Truck One Source's stock was trading at $6.32 at the beginning of 2023. Since then, CTOS shares have increased by 7.0% and is now trading at $6.76.
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Custom Truck One Source saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,230,000 shares, a decrease of 25.9% from the April 30th total of 1,660,000 shares. Based on an average daily volume of 264,600 shares, the short-interest ratio is currently 4.6 days. Currently, 2.1% of the company's stock are sold short.
View Custom Truck One Source's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our CTOS earnings forecast.

Custom Truck One Source, Inc. (NYSE:CTOS) released its quarterly earnings results on Tuesday, March, 14th. The company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.04. The business earned $486.72 million during the quarter, compared to the consensus estimate of $431.91 million. Custom Truck One Source had a trailing twelve-month return on equity of 6.33% and a net margin of 3.37%.

ETFs with the largest weight of Custom Truck One Source (NYSE:CTOS) stock in their portfolio include First Trust Small Cap Growth AlphaDEX Fund (FYC), Janus Henderson Small Cap Growth Alpha ETF (JSML), Global X U.S. Infrastructure Development ETF (PAVE), First Trust Small Cap Core AlphaDEX Fund (FYX), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD),

Custom Truck One Source updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.64 billion-$1.75 billion, compared to the consensus revenue estimate of $1.68 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 a variety of institutional and retail investors. Top institutional investors include FMR LLC (3.64%), BlackRock Inc. (1.50%), Hawkeye Capital Management LLC (1.18%), Alyeska Investment Group L.P. (1.14%), Gilder Gagnon Howe & Co. LLC (1.12%) and Canvas Wealth Advisors LLC (1.11%). Insiders that own company stock include Christopher J Eperjesy, Holdings LP Blackstone III, James Carlsen, Mark Ein, Marshall Heinberg, 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 $6.76.

Custom Truck One Source (NYSE:CTOS) has a market capitalization of $1.66 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.