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

Custom Truck One Source (NYSE:CTOS) is anticipated to issue 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 that wish to listen to the company’s conference call can do so using this link.

Custom Truck One Source Price Performance

Shares of NYSE:CTOS opened at $4.45 on Friday. Custom Truck One Source has a 1-year low of $3.03 and a 1-year high of $6.43. The firm has a market capitalization of $1.04 billion, a PE ratio of -27.78 and a beta of 0.79. The business’s 50 day moving average is $4.87 and its 200-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 Activity at Custom Truck One Source

In related news, major shareholder Pe One Source Holdings, Llc purchased 8,143,635 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were acquired at an average price of $4.00 per share, with a total value of $32,574,540.00. Following the purchase, the insider now directly owns 156,743,635 shares in the company, valued at $626,974,540. This represents a 5.48 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.60% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Oppenheimer decreased their price objective on Custom Truck One Source from $6.00 to $5.00 and set an “outperform” rating on the stock in a report 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).