Custom Truck One Source Inc (CTOS)’s Market Momentum: Closing Strong at 5.01, Up 0.60

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As of close of business last night, Custom Truck One Source Inc’s stock clocked out at $5.01, up 0.60% from its previous closing price of $4.98. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.69 million shares were traded. CTOS stock price reached its highest trading level at $5.17 during the session, while it also had its lowest trading level at $4.91.

Ratios:

To gain a deeper understanding of CTOS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 2.58 whereas as Long-Term Debt/Eq ratio is at 1.71.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 14 ’24 when Heinberg Marshall bought 10,000 shares for $4.34 per share. The transaction valued at 43,428 led to the insider holds 303,856 shares of the business.

NELSON GEORGIA R bought 12,000 shares of CTOS for $49,387 on May 08 ’24. The Director now owns 83,586 shares after completing the transaction at $4.12 per share. On May 08 ’24, another insider, McMonagle Ryan, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $4.04 each. As a result, the insider paid 40,356 and bolstered with 496,587 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 1214168448 and an Enterprise Value of 3499269376. As of this moment, Custom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 54.75, and their Forward P/E ratio for the next fiscal year is 20.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 1.918 whereas that against EBITDA is 16.356.

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 $3.61. The 50-Day Moving Average of the stock is 9.06%, while the 200-Day Moving Average is calculated to be -9.36%.

Shares Statistics:

It appears that CTOS traded 696.44K shares on average per day over the past three months and 487700 shares per day over the past ten days. A total of 241.01M shares are outstanding, with a floating share count of 83.52M. Insiders hold about 65.26% of the company’s shares, while institutions hold 18.70% stake in the company. Shares short for CTOS as of 1721001600 were 4087831 with a Short Ratio of 5.87, compared to 1718323200 on 4027199. Therefore, it implies a Short% of Shares Outstanding of 4087831 and a Short% of Float of 7.7700000000000005.

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