Custom Truck One Source (NYSE:CTOS) Earns Overweight Rating from Cantor Fitzgerald

Custom Truck One Source (NYSE:CTOS – Get Free Report)‘s stock had its “overweight” rating restated by equities research analysts at Cantor Fitzgerald in a research report issued on Tuesday, Marketbeat.com reports. They currently have a $14.00 price objective on the stock. Cantor Fitzgerald‘s price objective points to a potential upside of 34.28% from the stock’s current price.

CTOS has been the subject of several other reports. Zacks Research lowered shares of Custom Truck One Source from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. DA Davidson reaffirmed a “buy” rating and issued a $13.00 price target on shares of Custom Truck One Source in a research note on Tuesday, September 15th. Robert W. Baird increased their price objective on Custom Truck One Source from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Weiss Ratings raised Custom Truck One Source from a “sell (d-)” rating to a “hold (c)” rating in a research report on Tuesday, September 22nd. Finally, Oppenheimer boosted their target price on shares of Custom Truck One Source from $11.00 to $13.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $12.00.

View Our Latest Stock Report on CTOS

Custom Truck One Source Price Performance

CTOS traded up $1.42 during trading on Tuesday, reaching $10.43. 2,486,943 shares of the company were exchanged, compared to its average volume of 985,214. Custom Truck One Source has a 12-month low of $5.18 and a 12-month high of $12.23. The company has a quick ratio of 0.29, a current ratio of 1.34 and a debt-to-equity ratio of 2.03. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 115.84 and a beta of 1.43. The company’s 50-day moving average is $9.36 and its two-hundred day moving average is $8.74.

Custom Truck One Source (NYSE:CTOS – Get Free Report) last posted its quarterly earnings data on Monday, October 26th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $495.22 million during the quarter, compared to analysts’ expectations of $516.51 million. Custom Truck One Source had a return on equity of 2.66% and a net margin of 1.05%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.03) EPS. Research analysts forecast that Custom Truck One Source will post 0.13 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CTOS. Integrated Wealth Concepts LLC purchased a new position in shares of Custom Truck One Source in the second quarter worth $28,000. State of Alaska Department of Revenue bought a new stake in Custom Truck One Source in the third quarter worth $94,000. Entropy Technologies LP purchased a new stake in Custom Truck One Source in the 1st quarter worth about $111,000. R Squared Ltd grew its holdings in shares of Custom Truck One Source by 14.2% in the first quarter. R Squared Ltd now owns 18,894 shares of the company’s stock worth $124,000 after purchasing an additional 2,349 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Custom Truck One Source during the first quarter valued at approximately $125,000. Institutional investors own 90.07% of the company’s stock.

Custom Truck One Source News Roundup

Here are the key news stories impacting Custom Truck One Source this week:

  • Positive Sentiment: CTOS reported record third-quarter results, with revenue rising 2.7% year over year to $495.2 million. Rental revenue increased 20.1%, while gross profit rose 12.4% to $113.3 million and operating profit increased 16.7% to $38.1 million. Custom Truck One Source third-quarter results
  • Positive Sentiment: Adjusted EBITDA guidance for 2026 was raised to approximately $447.5 million-$460 million. The company also increased its full-year specialty equipment rental revenue outlook, signaling continued demand from infrastructure-related markets. Custom Truck guidance
  • Positive Sentiment: Operating cash flow more than doubled from the prior year to $163.5 million, and quarterly EPS of $0.01 improved from a $0.03 loss a year earlier while matching consensus estimates. CTOS earnings estimates
  • Positive Sentiment: D.A. Davidson reaffirmed its Buy rating with a $13 price target, while Cantor Fitzgerald maintained its Overweight rating and set a $14 target. Both imply meaningful upside based on the cited share price. D.A. Davidson rating
  • Neutral Sentiment: Management plans to invest $210 million-$230 million in the net rental fleet during 2026. This could expand future rental revenue but also increases capital requirements.
  • Negative Sentiment: Quarterly revenue of $495.2 million fell short of analyst expectations of roughly $516.5 million-$526.8 million, reportedly reflecting weather-related pressure. The miss initially weighed on the stock despite the earnings improvement. CTOS revenue expectations
  • Negative Sentiment: CTOS continues to carry substantial leverage, with total liabilities of about $2.8 billion and a debt-to-equity ratio above 2.0. Planned fleet spending could pressure liquidity if operating growth slows.

About Custom Truck One Source

(Get Free Report)

Custom Truck One Source, Inc is a specialty equipment provider serving the utility, telecommunications, rail, and related infrastructure industries. The company sells, rents, leases, and services new and used trucks and equipment, including aerial devices, cranes, digger derricks, bucket trucks, service trucks, trailers, and other specialized vehicles.

Through its parts and service operations, Custom Truck One Source provides replacement parts, maintenance, repair, refurbishment, and field support for specialty equipment.

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Analyst Recommendations for Custom Truck One Source (NYSE:CTOS)

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