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

Custom Truck One Source (NYSE:CTOS)‘s stock had its “buy” rating reiterated by DA Davidson in a note issued to investors on Tuesday, Benzinga reports. They currently have a $13.00 price objective on the stock. DA Davidson‘s price objective indicates a potential upside of 25.36% from the company’s current price.

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

Custom Truck One Source Price Performance

Shares of NYSE CTOS traded up $1.36 during mid-day trading on Tuesday, hitting $10.37. 1,195,161 shares of the stock traded hands, compared to its average volume of 978,442. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.34 and a quick ratio of 0.29. Custom Truck One Source has a twelve month low of $5.18 and a twelve month high of $12.23. The company has a market cap of $2.36 billion, a PE ratio of 115.22 and a beta of 1.43. The firm has a 50 day simple moving average of $9.36 and a two-hundred day simple moving average of $8.74.

Custom Truck One Source (NYSE:CTOS) last released its quarterly earnings data on Monday, October 26th. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. Custom Truck One Source had a return on equity of 2.66% and a net margin of 1.05%. The company had revenue of $495.22 million for the quarter, compared to the consensus estimate of $516.51 million. During the same quarter last year, the business posted ($0.03) EPS. Custom Truck One Source’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, equities research analysts forecast that Custom Truck One Source will post 0.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CTOS. Integrated Wealth Concepts LLC acquired a new position in shares of Custom Truck One Source in the 2nd quarter valued at about $28,000. State of Alaska Department of Revenue acquired a new position in shares of Custom Truck One Source in the 3rd quarter valued at about $94,000. Entropy Technologies LP acquired a new position in shares of Custom Truck One Source in the 1st quarter valued at about $111,000. R Squared Ltd lifted its stake in shares of Custom Truck One Source by 14.2% in the 1st quarter. R Squared Ltd now owns 18,894 shares of the company’s stock valued at $124,000 after purchasing an additional 2,349 shares during the period. Finally, Lazard Asset Management LLC acquired a new position in shares of Custom Truck One Source in the 1st quarter valued at about $125,000. 90.07% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Custom Truck One Source

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.