Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Custom Truck One Source Inc (NYSE: CTOS) closed at $4.17 down -14.90% from its previous closing price of $4.90. In other words, the price has decreased by -$14.90 from its previous closing price. On the day, 2.39 million shares were traded. CTOS stock price reached its highest trading level at $4.34 during the session, while it also had its lowest trading level at $3.605.
Ratios:
For a deeper understanding of Custom Truck One Source Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1002543104 and an Enterprise Value of 3304530688. As of this moment, Custom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.57, and their Forward P/E ratio for the next fiscal year is 12.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 1.811 whereas that against EBITDA is 15.446.
Stock Price History:
The Beta on a monthly basis for CTOS is 0.72, which has changed by -0.21600002 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. 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 -25.97%, while the 200-Day Moving Average is calculated to be -31.78%.
Shares Statistics:
For the past three months, CTOS has traded an average of 555.62K shares per day and 622760 over the past ten days. A total of 241.01M shares are outstanding, with a floating share count of 54.51M. Insiders hold about 77.33% of the company’s shares, while institutions hold 18.75% stake in the company. Shares short for CTOS as of 1713139200 were 2431905 with a Short Ratio of 4.38, compared to 1710460800 on 1345701. Therefore, it implies a Short% of Shares Outstanding of 2431905 and a Short% of Float of 4.42.
Earnings Estimates
The company has 5.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.01, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.08, with high estimates of $0.1 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.35 and $0.2 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.41, with 5.0 analysts recommending between $0.52 and $0.31.
Revenue Estimates
For the next quarter, 5 analysts are estimating revenue of $502.31M. There is a high estimate of $534M for the next quarter, whereas the lowest estimate is $475M.
A total of 5 analysts have provided revenue estimates for CTOS’s current fiscal year. The highest revenue estimate was $2.15B, while the lowest revenue estimate was $2.04B, resulting in an average revenue estimate of $2.08B. In the same quarter a year ago, actual revenue was $1.87BBased on 5 analysts’ estimates, the company’s revenue will be $2.18B in the next fiscal year. The high estimate is $2.25B and the low estimate is $2.12B.
