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The closing price of Custom Truck One Source Inc (NYSE: CTOS) was $4.36 for the day, up 1.16% from the previous closing price of $4.31. In other words, the price has increased by $1.16 from its previous closing price. On the day, 0.54 million shares were traded. CTOS stock price reached its highest trading level at $4.48 during the session, while it also had its lowest trading level at $4.315.
Ratios:
Our analysis of CTOS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.85 whereas as Long-Term Debt/Eq ratio is at 1.83.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 07 ’24 when Ross Joe P. bought 84,254 shares for $3.98 per share. The transaction valued at 335,078 led to the insider holds 249,834 shares of the business.
Rich Thomas R. bought 26,200 shares of CTOS for $100,653 on Aug 06 ’24. The President – Rentals now owns 224,778 shares after completing the transaction at $3.84 per share. On Jun 14 ’24, another insider, Heinberg Marshall, who serves as the Director of the company, bought 10,000 shares for $4.34 each. As a result, the insider paid 43,428 and bolstered with 303,856 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 1029880000 and an Enterprise Value of 3447654912. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 1.926 whereas that against EBITDA is 17.627.
Stock Price History:
The Beta on a monthly basis for CTOS is 0.67, which has changed by -0.33487654 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, CTOS has reached a high of $7.00, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -3.13%, while the 200-Day Moving Average is calculated to be -19.84%.
Shares Statistics:
CTOS traded an average of 649.67K shares per day over the past three months and 804910 shares per day over the past ten days. A total of 241.01M shares are outstanding, with a floating share count of 80.73M. Insiders hold about 65.83% of the company’s shares, while institutions hold 19.57% stake in the company. Shares short for CTOS as of 1722384000 were 4058160 with a Short Ratio of 6.25, compared to 1719532800 on 4314403. Therefore, it implies a Short% of Shares Outstanding of 4058160 and a Short% of Float of 8.3900005.
Earnings Estimates
Custom Truck One Source Inc (CTOS) is currently under the scrutiny of 6.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.07, with high estimates of $0.18 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.16 and -$0.16 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $0.1, with 6.0 analysts recommending between $0.27 and -$0.06.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $475M to a low estimate of $437.54M. As of the current estimate, Custom Truck One Source Inc’s year-ago sales were $418.24MFor the next quarter, 6 analysts are estimating revenue of $573.88M. There is a high estimate of $645.2M for the next quarter, whereas the lowest estimate is $532.7M.
A total of 6 analysts have provided revenue estimates for CTOS’s current fiscal year. The highest revenue estimate was $1.95B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.86B. In the same quarter a year ago, actual revenue was $1.87BBased on 6 analysts’ estimates, the company’s revenue will be $1.95B in the next fiscal year. The high estimate is $2.09B and the low estimate is $1.74B.