In the last trading session, 2.37 million shares of the Custom Truck One Source Inc (NYSE:CTOS) were traded, and its beta was 1.24. Most recently the company’s share price was $3.65, and it changed around $0.24 or 7.04% from the last close, which brings the market valuation of the company to $823.62M. CTOS currently trades at a discount to its 52-week high of $6.11, offering almost -67.4% off that amount. The share price’s 52-week low was $3.03, which indicates that the current value has risen by an impressive 16.99% since then. We note from Custom Truck One Source Inc’s average daily trading volume that its 10-day average is 0.99 million shares, with the 3-month average coming to 770.31K.
Custom Truck One Source Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.83. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended CTOS as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Custom Truck One Source Inc is expected to report earnings per share of -0.05 for the current quarter.
Custom Truck One Source Inc (NYSE:CTOS) trade information
Instantly CTOS has showed a green trend with a performance of 7.04% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.87 on recent trading dayincreased the stock’s daily price by 5.68%. The company’s shares are currently down -24.12% year-to-date, but still up 0.83% over the last five days. On the other hand, Custom Truck One Source Inc (NYSE:CTOS) is -21.84% down in the 30-day period. We can see from the shorts that 4.86 million shares have been sold at a short interest cover period of 6.39 day(s).
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 27.0% from its current value. Analyst projections state that CTOS is forecast to be at a low of $5 and a high of $5.
Custom Truck One Source Inc (CTOS) estimates and forecasts
The year-over-year growth rate is expected to be 9.52%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 437.02M in revenue for the current quarter. 5 analysts expect Custom Truck One Source Inc to make 473.48M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 411.31M and 423.01M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.25%. Forecasts for the next quarter put sales growth at 11.93%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 31.78%.
CTOS Dividends
Custom Truck One Source Inc’s next quarterly earnings report is expected to be released on 2025-Mar-03.
Custom Truck One Source Inc (NYSE:CTOS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.29% of Custom Truck One Source Inc shares, and 97.19% of them are in the hands of institutional investors. The stock currently has a share float of 102.61%. Custom Truck One Source Inc stock is held by 175.0 institutions, with PLATINUM EQUITY ADVISORS, LLC/DE being the largest institutional investor. By 2024-06-30, it held 61.9872% of the shares, which is about 148.6 million shares worth $646.41 million.
ECP CONTROLCO, LLC, with 10.7446% or 25.76 million shares worth $112.05 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
GLOBAL X FUNDS-Global X U.S. Infrastructure Development ETF and ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 4.96 shares worth $18.11 million, making up 2.07% of all outstanding shares. On the other hand, ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund held roughly 3.48 shares worth around $12.68 million, which represents about 1.45% of the total shares outstanding.
