During the last session, Custom Truck One Source Inc (NYSE:CTOS)’s traded shares were 1.3 million, with the beta value of the company hitting 0.64. At the end of the trading day, the stock’s price was $3.97, reflecting an intraday gain of 9.37% or $0.34. The 52-week high for the CTOS share is $7.00, that puts it down -76.32 from that peak though still a striking 23.68% gain since the share price plummeted to a 52-week low of $3.03. The company’s market capitalization is $937.76M, and the average intraday trading volume over the past 10 days was 0.47 million shares, and the average trade volume was 604.15K shares over the past three months.

Custom Truck One Source Inc (CTOS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.83. CTOS has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.

Custom Truck One Source Inc (NYSE:CTOS) trade information

Custom Truck One Source Inc (CTOS) registered a 9.37% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 9.37% in intraday trading to $3.97, hitting a weekly high. The stock’s 5-day price performance is 22.15%, and it has moved by 20.67% in 30 days. Based on these gigs, the overall price performance for the year is -30.35%. The short interest in Custom Truck One Source Inc (NYSE:CTOS) is 4.78 million shares and it means that shorts have 9.23 day(s) to cover.

The consensus price target of analysts on Wall Street is $6, which implies an increase of 33.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.5 and $9 respectively. As a result, CTOS is trading at a discount of -126.7% off the target high and -38.54% off the low.

Custom Truck One Source Inc (CTOS) estimates and forecasts

Statistics show that Custom Truck One Source Inc has underperformed its competitors in share price, compared to the industry in which it operates. Custom Truck One Source Inc (CTOS) shares have gone down -17.98% during the last six months, with a year-to-date growth rate less than the industry average at -161.90% against 6.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -175.00% this quarter and then drop -28.60% in the quarter after that. In the rating firms’ projections, revenue will decrease -1.40% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 448.36M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 556.58M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 418.24M and 521.75M respectively. In this case, analysts expect current quarter sales to grow by 7.20% and then jump by 6.70% in the coming quarter.

While earnings are projected to return -165.39% in 2024, the next five years will return 19.30% per annum.

CTOS Dividends

Custom Truck One Source Inc is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 25.76 million shares, is of ECP CONTROLCO, LLC’s that is approximately 10.7161% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $112.05 million.