Custom Truck One Source (NYSE:CTOS) Given “Buy” Rating at DA Davidson

Custom Truck One Source (NYSE:CTOS)‘s stock had its “buy” rating reaffirmed by investment analysts at DA Davidson in a note issued to investors on Tuesday, Benzinga reports. They presently have a $13.00 price objective on the stock. DA Davidson‘s price target points to a potential upside of 26.21% from the company’s current price.

Several other research analysts have also recently issued reports on CTOS. Weiss Ratings raised shares of Custom Truck One Source from a “sell (d-)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. Zacks Research downgraded Custom Truck One Source from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Oppenheimer upped their price objective on shares of Custom Truck One Source from $11.00 to $13.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Robert W. Baird boosted their target price on shares of Custom Truck One Source from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $14.00 price target on shares of Custom Truck One Source in a research note on Tuesday. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.00.

Custom Truck One Source Trading Up 14.3%

Shares of NYSE CTOS traded up $1.29 during trading hours on Tuesday, reaching $10.30. The stock had a trading volume of 946,245 shares, compared to its average volume of 977,351. Custom Truck One Source has a 52-week low of $5.18 and a 52-week high of $12.23. The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 114.50 and a beta of 1.43. The business’s fifty day moving average price is $9.36 and its two-hundred day moving average price is $8.74. The company has a current ratio of 1.34, a quick ratio of 0.29 and a debt-to-equity ratio of 2.03.

Custom Truck One Source (NYSE:CTOS) last issued its quarterly earnings data on Monday, October 26th. The company reported $0.01 earnings per share 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 firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.03) EPS. Analysts expect that Custom Truck One Source will post 0.13 EPS for the current fiscal year.

Hedge Funds Weigh In On Custom Truck One Source

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue purchased a new position in Custom Truck One Source during the 3rd quarter worth $94,000. Tidal Investments LLC purchased a new position in Custom Truck One Source during the second quarter worth about $987,000. Integrated Wealth Concepts LLC acquired a new stake in Custom Truck One Source in the second quarter valued at about $28,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Custom Truck One Source in the 2nd quarter valued at approximately $791,000. Finally, Bank of New York Mellon Corp purchased a new stake in Custom Truck One Source in the 2nd quarter valued at approximately $1,842,000. Hedge funds and other institutional investors own 90.07% of the company’s stock.

Custom Truck One Source News Summary

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

• Positive Sentiment: Raised 2026 guidance: CTOS increased its full-year adjusted EBITDA and specialty equipment rental (SER) revenue guidance, signaling improved confidence in operating performance. Custom Truck One Source Reports Record Third Quarter 2026 Results
• Positive Sentiment: Improved earnings and margins: Third-quarter EPS was $0.01, matching estimates and improving from a $0.03 loss a year earlier. Gross profit rose 12.4% to $113.3 million, while operating profit increased 16.7% to $38.1 million. Custom Truck One Source Reports Third-Quarter Earnings Results
• Positive Sentiment: Rental demand remained strong: Revenue increased 2.7% year over year to $495.2 million, helped by a 20.1% increase in rental revenue. Operating cash flow more than doubled year over year to $163.5 million, supporting the investment case despite modest overall sales growth. Custom Truck One Source Q3 2026 Results
• Positive Sentiment: Analyst support: D.A. Davidson reaffirmed its “buy” rating with a $13 price target, while Cantor Fitzgerald reiterated “overweight” with a $14 target, both implying further upside from recent trading levels. D.A. Davidson Rating
• Negative Sentiment: Revenue missed expectations: Quarterly revenue of $495.2 million fell short of analyst estimates near $516.5 million, with weather-related factors reportedly weighing on activity. CTOS also continues to carry substantial liabilities, which remains a risk for investors. Custom Truck One Source Matches Q3 Earnings Estimates

Custom Truck One Source Company Profile

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.