There is no way Custom Truck One Source Inc (CTOS) can keep these numbers up

With 1.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.63 million shares. During the session, the Rental & Leasing Services company that operates in wider Industrials sector, reached to the highest price of $6.04 whereas the lowest price it dropped to was $5.795. The 52-week range on CTOS shows that it touched its highest point at $7.00 and its lowest point at $3.03 during that stretch. It currently has a 1-year price target of $6.17. Beta for the stock currently stands at 0.74.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CTOS was up-trending over the past week, with a rise of 16.44%, but this was up by 81.48% over a month. Three-month performance surged to 40.33% while six-month performance rose 27.83%. The stock lost -0.84% in the past year, while it has lost -4.85% so far this year. A look at the trailing 12-month EPS for CTOS yields -0.17 with Next year EPS estimates of 0.01. For the next quarter, that number is 0.04. This implies an EPS growth rate of -185.60% for this year and 107.59% for next year.

Float and Shares Shorts:

At present, 241.01 million CTOS shares are outstanding with a float of 53.93 million shares on hand for trading. On 2024-10-31, short shares totaled 4.6 million, which was 197.0 higher than short shares on 1727654400. In addition to Mr. Ryan McMonagle as the firm’s CEO & Director, Mr. Fredrick M. Ross Jr. serves as its Founder & Director.

Institutional Ownership:

Through their ownership of 0.95655 of CTOS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CTOS reported revenue of $447220000.0 and operating income of $27031000.0. The EBITDA in the recently reported quarter was $89162000.0 and diluted EPS was -$0.07.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CTOS since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CTOS analysts setting a high price target of 9.0 and a low target of 5.0, the average target price over the next 12 months is 6.16667. Based on these targets, CTOS could surge 53.06% to reach the target high and fall by -14.97% to reach the target low. Reaching the average price target will result in a growth of 4.88% from current levels.

Analysts have provided yearly estimates in a range of -$0.1712 being high and -$0.18832 being low. For CTOS, this leads to a yearly average estimate of -$0.17976.