The stock price of Custom Truck One Source Inc (NYSE: CTOS) has surged by 4.08 when compared to previous closing price of 5.02, but the company has seen a 16.63% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-20 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in Custom Truck One Source Inc (NYSE: CTOS) Right Now?
The stock has a 36-month beta value of 0.79. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for CTOS is 58.84M, and at present, short sellers hold a 7.07% of that float. On January 22, 2025, the average trading volume of CTOS was 643.50K shares.
CTOS’s Market Performance
CTOS stock saw an increase of 16.63% in the past week, with a monthly gain of 8.63% and a quarterly increase of 55.04%. The volatility ratio for the week is 4.81%, and the volatility levels for the last 30 days are 4.67% for Custom Truck One Source Inc (CTOS). The simple moving average for the last 20 days is 9.74% for CTOS stock, with a simple moving average of 15.68% for the last 200 days.
Analysts’ Opinion of CTOS
Many brokerage firms have already submitted their reports for CTOS stocks, with DA Davidson repeating the rating for CTOS by listing it as a “Buy.” The predicted price for CTOS in the upcoming period, according to DA Davidson is $12 based on the research report published on February 16, 2023 of the previous year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see CTOS reach a price target of $7.50. The rating they have provided for CTOS stocks is “Neutral” according to the report published on December 13th, 2022.
Deutsche Bank gave a rating of “Buy” to CTOS, setting the target price at $12 in the report published on March 30th of the previous year.
CTOS Trading at 2.14% from the 50-Day Moving Average
After a stumble in the market that brought CTOS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.36% of loss for the given period.
Volatility was left at 4.67%, however, over the last 30 days, the volatility rate increased by 4.81%, as shares surge +7.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.50% upper at present.
During the last 5 trading sessions, CTOS rose by +17.75%, which changed the moving average for the period of 200-days by -9.05% in comparison to the 20-day moving average, which settled at $4.76. In addition, Custom Truck One Source Inc saw 8.63% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTOS starting from ECP ControlCo, LLC, who sale 2,354,109 shares at the price of $3.42 back on Sep 05 ’24. After this action, ECP ControlCo, LLC now owns 23,384,879 shares of Custom Truck One Source Inc, valued at $8,051,053 using the latest closing price.
NESCO Holdings, LP, the 10% Owner of Custom Truck One Source Inc, sale 2,354,109 shares at $3.42 during a trade that took place back on Sep 05 ’24, which means that NESCO Holdings, LP is holding 23,384,879 shares at $8,051,053 based on the most recent closing price.
Stock Fundamentals for CTOS
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.21 for the gross margin
The net margin for Custom Truck One Source Inc stands at -0.02. The total capital return value is set at 0.05. Equity return is now at value -4.58, with -1.18 for asset returns.
Based on Custom Truck One Source Inc (CTOS), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 3.04. The interest coverage ratio of the stock is 0.76.
Currently, EBITDA for the company is 408.38 million with net debt to EBITDA at 8.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 9.59for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
To sum up, Custom Truck One Source Inc (CTOS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
