After finishing at $5.56 in the prior trading day, Custom Truck One Source Inc (NYSE: CTOS) closed at $5.53, down -0.54%. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 509147 shares were traded. CTOS stock price reached its highest trading level at $5.61 during the session, while it also had its lowest trading level at $5.50.
Ratios:
Our goal is to gain a better understanding of CTOS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 2.40 whereas as Long-Term Debt/Eq ratio is at 1.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on February 16, 2023, initiated with a Buy rating and assigned the stock a target price of $12.
On December 13, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $7.50.
On March 30, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $12.Deutsche Bank initiated its Buy rating on March 30, 2022, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 14 ’23 when McMonagle Ryan bought 20,000 shares for $5.17 per share. The transaction valued at 103,412 led to the insider holds 350,726 shares of the business.
Heinberg Marshall bought 15,000 shares of CTOS for $71,912 on Nov 10 ’23. The Director now owns 120,000 shares after completing the transaction at $4.79 per share. On Nov 10 ’23, another insider, Heinberg Marshall, who serves as the Director of the company, bought 15,000 shares for $4.79 each. As a result, the insider paid 71,912 and bolstered with 220,304 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTOS now has a Market Capitalization of 1.34B and an Enterprise Value of 3.52B. As of this moment, Custom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.71, and their Forward P/E ratio for the next fiscal year is 13.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 1.89 whereas that against EBITDA is 8.63.
Stock Price History:
Over the past 52 weeks, CTOS has reached a high of $7.53, while it has fallen to a 52-week low of $4.41. The 50-Day Moving Average of the stock is 6.27, while the 200-Day Moving Average is calculated to be 6.32.
Shares Statistics:
The stock has traded on average 462.79K shares per day over the past 3-months and 768.4k shares per day over the last 10 days, according to various share statistics. A total of 241.01M shares are outstanding, with a floating share count of 57.12M. Insiders hold about 76.23% of the company’s shares, while institutions hold 18.79% stake in the company. Shares short for CTOS as of Feb 29, 2024 were 1.61M with a Short Ratio of 3.49, compared to 1.23M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.67% and a Short% of Float of 2.89%.
