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

Custom Truck One Source (NYSE:CTOS - Get Free Report) is projected 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 are interested in participating in the company's conference call can do so using this link.

Custom Truck One Source Price Performance

NYSE:CTOS traded up $0.11 during mid-day trading on Friday, hitting $4.45. 642,816 shares of the company's stock traded hands, compared to its average volume of 739,426. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.19 and a current ratio of 1.28. The company has a market cap of $1.04 billion, a PE ratio of -27.78 and a beta of 0.79. The firm's 50 day simple moving average is $4.88 and its 200 day simple moving average is $4.50. Custom Truck One Source has a 1 year low of $3.03 and a 1 year high of $6.43.

Insider Buying and Selling

In other news, major shareholder Pe One Source Holdings, Llc bought 8,143,635 shares of the firm's stock in a transaction that occurred on Thursday, January 30th. The shares were purchased at an average price of $4.00 per share, for a total transaction of $32,574,540.00. Following the completion of the transaction, the insider now owns 156,743,635 shares in the company, valued at $626,974,540. The trade was a 5.48 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.60% of the stock is currently owned by company insiders.

Remove Ads

Wall Street Analyst Weigh In

Separately, Oppenheimer dropped their price objective on shares of 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).