Custom Truck One Source (CTOS) Scheduled to Post Quarterly Earnings on Tuesday

Custom Truck One Source (NYSE:CTOS – Get Rating) is scheduled to be announcing its earnings results after the market closes on Tuesday, March 14th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Custom Truck One Source Trading Down 1.1 %

Shares of NYSE CTOS opened at $7.25 on Tuesday. The company has a quick ratio of 0.44, a current ratio of 1.43 and a debt-to-equity ratio of 1.58. The business has a fifty day simple moving average of $6.97 and a two-hundred day simple moving average of $6.68. The firm has a market cap of $1.79 billion, a PE ratio of 725.73 and a beta of 0.59. Custom Truck One Source has a twelve month low of $4.53 and a twelve month high of $9.40.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CTOS shares. Robert W. Baird decreased their target price on Custom Truck One Source to $9.00 in a research report on Tuesday, November 15th. JPMorgan Chase & Co. initiated coverage on Custom Truck One Source in a report on Tuesday, December 13th. They issued a “neutral” rating and a $7.50 price target on the stock. Finally, DA Davidson initiated coverage on Custom Truck One Source in a report on Wednesday, February 15th. They issued a “buy” rating and a $12.00 price target on the stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CTOS. Advisor Group Holdings Inc. boosted its holdings in Custom Truck One Source by 214.1% in the first quarter. Advisor Group Holdings Inc. now owns 3,666 shares of the company’s stock worth $31,000 after acquiring an additional 2,499 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Custom Truck One Source by 107.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,480 shares of the company’s stock valued at $44,000 after purchasing an additional 3,877 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new position in shares of Custom Truck One Source in the 4th quarter valued at approximately $64,000. BNP Paribas Arbitrage SNC purchased a new position in shares of Custom Truck One Source in the 3rd quarter valued at approximately $96,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Custom Truck One Source in the 4th quarter valued at approximately $96,000. 92.79% of the stock is owned by institutional investors and hedge funds.

Custom Truck One Source Company Profile

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Custom Truck One Source, Inc engages in the sale and rental of truck and heavy equipment. The firm offers aftermarket parts and service, equipment customization, remanufacturing, financing solutions, and asset disposal services. The company was founded in 1996 and is headquartered in Kansas City, MO.