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

Custom Truck One Source (NYSE:CTOS)‘s stock had its “buy” rating reaffirmed by DA Davidson in a research note issued to investors on Tuesday, Benzinga reports. They presently have a $13.00 price target on the stock. DA Davidson‘s price objective points to a potential upside of 25.31% from the company’s previous close.

CTOS has been the topic of several other reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $14.00 target price on shares of Custom Truck One Source in a research note on Tuesday. 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. Robert W. Baird boosted their price objective on shares of Custom Truck One Source from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Tuesday, August 4th. Oppenheimer boosted their price objective on shares of 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 upgraded shares of Custom Truck One Source from a “sell (d-)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $12.00.

Custom Truck One Source Trading Up 15.1%

Shares of NYSE:CTOS traded up $1.36 on Tuesday, reaching $10.37. 882,886 shares of the company traded hands, compared to its average volume of 977,127. The business’s 50-day simple moving average is $9.36 and its 200 day simple moving average is $8.74. Custom Truck One Source has a 52 week low of $5.18 and a 52 week high of $12.23. The stock has a market capitalization of $2.36 billion, a P/E ratio of 115.00 and a beta of 1.43. 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 announced its quarterly earnings data on Monday, October 26th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.01. Custom Truck One Source had a return on equity of 2.66% and a net margin of 1.05%. The firm had revenue of $495.22 million for the quarter, compared to analysts’ expectations of $516.51 million. During the same period last year, the firm earned ($0.03) earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, equities analysts anticipate that Custom Truck One Source will post 0.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Custom Truck One Source

Large investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of Custom Truck One Source by 15.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,602,838 shares of the company’s stock valued at $36,806,000 after acquiring an additional 741,857 shares during the period. First Trust Advisors LP lifted its stake in Custom Truck One Source by 6.4% in the 1st quarter. First Trust Advisors LP now owns 1,301,351 shares of the company’s stock worth $8,550,000 after purchasing an additional 78,476 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Custom Truck One Source by 154.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,056,550 shares of the company’s stock worth $6,942,000 after purchasing an additional 642,109 shares in the last quarter. Heartland Advisors Inc. lifted its stake in Custom Truck One Source by 42.9% in the 1st quarter. Heartland Advisors Inc. now owns 1,000,000 shares of the company’s stock worth $6,570,000 after purchasing an additional 300,000 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in Custom Truck One Source by 9.9% in the 1st quarter. Empowered Funds LLC now owns 810,115 shares of the company’s stock worth $5,322,000 after purchasing an additional 72,935 shares in the last quarter. 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 and raised its full-year 2026 adjusted EBITDA and specialty equipment rental (SER) revenue guidance, signaling improved operating expectations. Custom Truck One Source Reports Record Third Quarter 2026 Results
• Positive Sentiment: Third-quarter revenue increased 2.7% year over year to $495.2 million, while rental revenue grew 20.1%. Gross profit rose 12.4% to $113.3 million and operating profit increased 16.7% to $38.1 million, demonstrating margin improvement. Custom Truck One Source Q3 2026 Earnings
• Positive Sentiment: Operating cash flow more than doubled year over year to $163.5 million, supporting the company’s investment in equipment and infrastructure. Custom Truck One Source Q3 Earnings
• Positive Sentiment: Cantor Fitzgerald reaffirmed its “overweight” rating and assigned a $14 price target, implying substantial upside from recent trading levels. Cantor Fitzgerald Stock Recommendations
• Neutral Sentiment: Adjusted earnings were $0.01 per share, matching consensus and improving from a $0.03 loss a year earlier. This indicates a return to profitability, but earnings remain modest. CTOS Matches Q3 Earnings Estimates
• Negative Sentiment: Revenue fell short of analyst expectations of approximately $516.5 million, with management citing weather-related pressure. The company also had $2.8 billion in total liabilities and only $14.6 million in cash, highlighting balance-sheet risk. CTOS Q3 Revenue Earnings Flash

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.