Custom Truck One Source (CTOS) to Release Earnings on Tuesday

Custom Truck One Source (NYSE:CTOS) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $539.81 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Custom Truck One Source Price Performance

NYSE CTOS opened at $4.51 on Tuesday. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of -28.16 and a beta of 0.79. Custom Truck One Source has a 12 month low of $3.03 and a 12 month high of $6.48. The company’s 50 day moving average is $4.91 and its two-hundred day moving average is $4.50. The company has a current ratio of 1.28, a quick ratio of 0.19 and a debt-to-equity ratio of 1.87.

Insider Buying and Selling

In other Custom Truck One Source news, major shareholder Pe One Source Holdings, Llc bought 8,143,635 shares of Custom Truck One Source stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average cost of $4.00 per share, with a total value of $32,574,540.00. Following the transaction, the insider now directly owns 156,743,635 shares of the company’s stock, valued at approximately $626,974,540. This represents a 5.48 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Separately, Oppenheimer lowered their price objective on Custom Truck One Source from $6.00 to $5.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th.

About Custom Truck One Source

Custom Truck One Source, Inc provides specialty equipment rental and sale services to the electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. The company operates through three segments: Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS).