Custom Truck One Source (NYSE:CTOS) Earns Buy Rating from DA Davidson

Custom Truck One Source (NYSE:CTOS)‘s stock had its “buy” rating reiterated by DA Davidson in a research note issued on Tuesday, Benzinga reports. They currently have a $13.00 target price on the stock. DA Davidson‘s target price suggests a potential upside of 25.54% from the company’s previous close.

A number of other brokerages have also recently commented on CTOS. Oppenheimer boosted their price objective on Custom Truck One Source from $11.00 to $13.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. 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. Robert W. Baird raised their price target 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. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $14.00 price target on shares of Custom Truck One Source in a report on Tuesday. Finally, 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. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Custom Truck One Source presently has a consensus rating of “Hold” and an average target price of $12.00.

Custom Truck One Source Price Performance

CTOS traded up $1.35 on Tuesday, hitting $10.36. 1,334,822 shares of the company were exchanged, compared to its average volume of 979,295. Custom Truck One Source has a fifty-two week low of $5.18 and a fifty-two week high of $12.23. The firm has a market capitalization of $2.36 billion, a P/E ratio of 114.50 and a beta of 1.43. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.29 and a current ratio of 1.34. The business’s fifty day moving average is $9.36 and its 200 day moving average is $8.74.

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 the consensus estimate of $0.01. The business had revenue of $495.22 million for the quarter, compared to the consensus estimate of $516.51 million. Custom Truck One Source had a net margin of 1.05% and a return on equity of 2.66%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.03) earnings per share. As a group, sell-side analysts anticipate that Custom Truck One Source will post 0.13 EPS for the current year.

Institutional Trading of Custom Truck One Source

Several large investors have recently added to or reduced their stakes in CTOS. State of Alaska Department of Revenue bought a new stake in Custom Truck One Source in the third quarter worth approximately $94,000. Tidal Investments LLC acquired a new stake in shares of Custom Truck One Source in the second quarter worth $987,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Custom Truck One Source in the second quarter worth $28,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Custom Truck One Source in the second quarter worth $791,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Custom Truck One Source in the second quarter worth $1,842,000. 90.07% of the stock is owned by institutional investors.

Key Custom Truck One Source News

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.