Should I buy or sell Custom Truck One Source stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Custom Truck One Source in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CTOS shares. View CTOS analyst ratings or view top-rated stocks .

What is Custom Truck One Source's stock price target for 2024?

4 Wall Street analysts have issued 12-month price objectives for Custom Truck One Source's stock. Their CTOS share price targets range from $7.00 to $11.00. On average, they predict the company's share price to reach $8.50 in the next year. This suggests a possible upside of 62.8% from the stock's current price. View analysts price targets for CTOS or view top-rated stocks among Wall Street analysts .

How have CTOS shares performed in 2024?

Custom Truck One Source's stock was trading at $6.18 at the start of the year. Since then, CTOS shares have decreased by 15.5% and is now trading at $5.22. View the best growth stocks for 2024 here .

Are investors shorting Custom Truck One Source?

Custom Truck One Source saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,680,000 shares, an increase of 24.4% from the March 15th total of 1,350,000 shares. Based on an average trading volume of 501,200 shares, the days-to-cover ratio is presently 3.4 days. Currently, 3.0% of the shares of the company are sold short. View Custom Truck One Source's Short Interest .

When is Custom Truck One Source's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our CTOS earnings forecast .

How were Custom Truck One Source's earnings last quarter?

Custom Truck One Source, Inc. (NYSE:CTOS) posted its earnings results on Thursday, March, 7th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.04. The company earned $521.75 million during the quarter, compared to the consensus estimate of $468.69 million. Custom Truck One Source had a trailing twelve-month return on equity of 5.55% and a net margin of 2.72%. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.15 EPS.

What guidance has Custom Truck One Source issued on next quarter's earnings?

Custom Truck One Source issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $1.9 billion.

Who are Custom Truck One Source's major shareholders?

Custom Truck One Source's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.71%) and Register Financial Advisors LLC (0.07%). 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 . View institutional ownership trends .

How do I buy shares of Custom Truck One Source?

Shares of CTOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CTOS

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

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$5.22

-0.01 (-0.19%)

(As of 04/18/2024 ET)

Compare

Today's Range: $5.19
▼
$5.34
50-Day Range: $5.11
▼
$7.00
52-Week Range: $4.41
▼
$7.53

Volume: 499,470 shs
Average Volume: 588,567 shs
Market Capitalization: $1.25 billion

P/E Ratio: 23.73
Dividend Yield: N/A
Price Target: $8.50

Get Custom Truck One Source alerts:

Custom Truck One Source MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 62.8% Upside
$8.50 Price Target
Short Interest: Healthy
2.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.60
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 37.04%
From $0.27 to $0.37 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.60 out of 5 stars

Auto/Tires/Trucks Sector

35th out of 78 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

6th out of 12 stocks

3.4

Analyst's Opinion

Consensus Rating
Custom Truck One Source has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Custom Truck One Source has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.97% of the float of Custom Truck One Source has been sold short.
Short Interest Ratio / Days to Cover
Custom Truck One Source has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Custom Truck One Source has recently increased by 24.44%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Custom Truck One Source does not currently pay a dividend.
Dividend Growth
Custom Truck One Source does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CTOS.

2.6

News and Social Media Coverage

News Sentiment
Custom Truck One Source has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Custom Truck One Source this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Custom Truck One Source insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.30% of the stock of Custom Truck One Source is held by insiders.
Percentage Held by Institutions
90.07% of the stock of Custom Truck One Source is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Custom Truck One Source are expected to grow by 37.04% in the coming year, from $0.27 to $0.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Custom Truck One Source is 23.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Custom Truck One Source is 23.73, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.77.
Price to Earnings Growth Ratio
Custom Truck One Source has a PEG Ratio of 0.99. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Custom Truck One Source has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Custom Truck One Source Stock (NYSE:CTOS)

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). The ERS segment owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. The TES segment offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. The APS segment provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.

CTOS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CTOS Stock News Headlines

April 18, 2024 | businesswire.com

Custom Truck One Source to Announce First Quarter 2024 Financial Results

April 17, 2024 | msn.com

Custom Truck One Source buys A&D Maintenance and Repair in New York

April 19, 2024 | TradingTips (Ad)

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April 17, 2024 | businesswire.com

Custom Truck One Source Acquires the Business of A&D Maintenance and Repair, Expanding New York Footprint and Service Capabilities

April 4, 2024 | msn.com

10 Pickup Trucks You Can Modify Into Sleepers For Cheap

April 3, 2024 | businesswire.com

Custom Truck One Source Wins Capstone Real Estate Award

March 19, 2024 | bizjournals.com

Custom Truck One Source hauls in Louisiana company, nears opening of three additional locations

March 18, 2024 | markets.businessinsider.com

Custom Truck One Source Acquires SOS Fleet Services In Alexandria

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March 18, 2024 | bizjournals.com

NYSE suspends trading in Custom Truck One Source warrants due to low prices

March 18, 2024 | msn.com

Custom Truck One Source acquires the business of SOS Fleet Services

March 18, 2024 | businesswire.com

Custom Truck One Source Acquires the Business of SOS Fleet Services, LLC, Expanding Gulf States Footprint and Service Capabilities

March 15, 2024 | businesswire.com

NYSE to Commence Delisting Proceedings with Respect to the Warrants of Custom Truck One Source, Inc. (CTOS.WS)

March 12, 2024 | finance.yahoo.com

CTOS Oct 2024 5.000 put

March 8, 2024 | msn.com

Custom Truck One Source, Inc. (NYSE:CTOS) Q4 2023 Earnings Call Transcript

March 8, 2024 | finance.yahoo.com

Custom Truck One Source Inc Reports Record Full-Year Revenue for 2023

March 8, 2024 | msn.com

CTOS Stock Earnings: Custom Truck One Source Misses EPS, Beats Revenue for Q4 2023

March 7, 2024 | benzinga.com

Recap: Custom Truck One Source Q4 Earnings

March 7, 2024 | seekingalpha.com

Custom Truck One Source, Inc. 2023 Q4 - Results - Earnings Call Presentation

March 7, 2024 | businesswire.com

Custom Truck One Source, Inc. Reports Record Results for Full-Year 2023

March 5, 2024 | businesswire.com

Custom Truck One Source to Participate in the J.P. Morgan 2024 Industrials Conference

February 28, 2024 | businesswire.com

Load King and Custom Truck One Source to Showcase Electric and Hybrid Innovations at NTEA Work Truck Week 2024

February 26, 2024 | businesswire.com

Custom Truck One Source to Announce Fourth Quarter and Full-Year 2023 Financial Results

February 22, 2024 | investorplace.com

7 Growth Stocks to Buy Before They Double in 2024

February 11, 2024 | finance.yahoo.com

With A 7.2% Return On Equity, Is Custom Truck One Source, Inc. (NYSE:CTOS) A Quality Stock?

February 2, 2024 | seekingalpha.com

Custom Truck One Source: A Strong Buy Rating Based On Internal And External Strengths

January 15, 2024 | finance.yahoo.com

Is There An Opportunity With Custom Truck One Source, Inc.'s (NYSE:CTOS) 34% Undervaluation?

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Equipment rental & leasing, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:CTOS
CUSIP: N/A
CIK: 1709682
Web: www.customtruck.com
Phone: (816) 241-4888
Fax: N/A
Employees: 2,580
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.50
High Stock Price Target: $11.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +62.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.22
Trailing P/E Ratio: 23.73
Forward P/E Ratio: 19.33
P/E Growth: 1.01
Net Income: $50.71 million
Net Margins: 2.72%
Pretax Margin: 3.11%
Return on Equity: 5.55%
Return on Assets: 1.58%

Debt

Debt-to-Equity Ratio: 1.62
Current Ratio: 1.41
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $1.87 billion
Price / Sales: 0.67
Cash Flow: $1.08 per share
Price / Cash Flow: 4.84
Book Value: $3.67 per share
Price / Book: 1.42

Miscellaneous

Outstanding Shares: 240,260,000
Free Float: 227,531,000
Market Cap: $1.25 billion
Optionable: Optionable
Beta: 0.66

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Key Executives

Mr. Ryan McMonagle (Age 46)
CEO & Director
Comp: $1.22M
Mr. Fredrick M. Ross Jr. (Age 66)
Founder & Director
Comp: $1.3M
Mr. Christopher J. Eperjesy (Age 56)
Chief Financial Officer
Comp: $724.17k
Mr. R. Todd Barrett (Age 54)
Chief Accounting Officer
Comp: $533.75k
Mr. Joseph P. Ross (Age 52)
President of Sales
Comp: $734.05k
Mr. Thomas R. Rich (Age 57)
President of Rentals
Comp: $759.66k
Mr. Jim Carlsen (Age 63)
Chief Information Officer
Mr. Brian Perman
Vice President of Investor Relations
Mr. Paul M. Jolas (Age 60)
Executive VP & General Counsel
Mr. Michael Thomas Turner (Age 58)
Executive Vice President of Parts, Tools & Accessories

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTOS Stock Analysis - Frequently Asked Questions

Should I buy or sell Custom Truck One Source stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Custom Truck One Source in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CTOS shares.
View CTOS analyst ratings or view top-rated stocks.
What is Custom Truck One Source's stock price target for 2024?: 4 Wall Street analysts have issued 12-month price objectives for Custom Truck One Source's stock. Their CTOS share price targets range from $7.00 to $11.00. On average, they predict the company's share price to reach $8.50 in the next year. This suggests a possible upside of 62.8% from the stock's current price.
View analysts price targets for CTOS or view top-rated stocks among Wall Street analysts.
How have CTOS shares performed in 2024?: Custom Truck One Source's stock was trading at $6.18 at the start of the year. Since then, CTOS shares have decreased by 15.5% and is now trading at $5.22.
View the best growth stocks for 2024 here.
Are investors shorting Custom Truck One Source?: Custom Truck One Source saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,680,000 shares, an increase of 24.4% from the March 15th total of 1,350,000 shares. Based on an average trading volume of 501,200 shares, the days-to-cover ratio is presently 3.4 days. Currently, 3.0% of the shares of the company are sold short.
View Custom Truck One Source's Short Interest.
When is Custom Truck One Source's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CTOS earnings forecast.

How were Custom Truck One Source's earnings last quarter?: Custom Truck One Source, Inc. (NYSE:CTOS) posted its earnings results on Thursday, March, 7th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.04. The company earned $521.75 million during the quarter, compared to the consensus estimate of $468.69 million. Custom Truck One Source had a trailing twelve-month return on equity of 5.55% and a net margin of 2.72%. The business's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.15 EPS.
What guidance has Custom Truck One Source issued on next quarter's earnings?: Custom Truck One Source issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $1.9 billion.
Who are Custom Truck One Source's major shareholders?: Custom Truck One Source's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.71%) and Register Financial Advisors LLC (0.07%). 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.
View institutional ownership trends.
How do I buy shares of Custom Truck One Source?: Shares of CTOS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CTOS) was last updated on 4/19/2024 by MarketBeat.com Staff

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