Stocks of Custom Truck One Source Inc (NYSE:CTOS) traded higher last session on Wall Street, up 2.80% to $5.14.
CTOS stock price is now 13.44% away from the 50-day moving average and 14.01% away from the 200-day moving average. The market capitalization of the company currently stands at $1.16B.
With the price target maintained at $5, Robert W. Baird recently Downgraded its rating from Outperform to Neutral for Custom Truck One Source Inc (NYSE: CTOS). On February 16, 2023, DA Davidson recently initiated its ‘Buy’ rating on the stock quoting a target price of $12, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, PE One Source Holdings, LLC, 10% Owner bought 8,143,635 shares of the company’s stock on Jan 30 ’25. The stock was bought for $32,574,540 at an average price of $4.00. Upon completion of the transaction, the 10% Owner now directly owns 156,743,635 shares in the company, valued at $805.66 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 30 ’25, 10% Owner PLATINUM EQUITY, LLC bought 8,143,635 shares of the business’s stock. A total of $32,574,540 was incurred on buying the stock at an average price of $4.00. This leaves the insider owning 156,743,635 shares of the company worth $805.66 million. A total of 71.53% of the company’s stock is owned by insiders.
During the past 12 months, Custom Truck One Source Inc has had a low of $3.03 and a high of $6.11. As of last week, the company has a debt-to-equity ratio of 3.05, a current ratio of 1.29, and a quick ratio of 0.24. The fifty day moving average price for CTOS is $4.5312 and a two-hundred day moving average price translates $4.50855 for the stock.
The latest earnings results from Custom Truck One Source Inc (NYSE: CTOS) was released for 2025-03-31. The net profit margin was -1.77% and return on equity was -3.76% for CTOS. The company reported revenue of $422.23 million for the quarter, compared to $411.31 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.66 percent.
