Custom Truck One Source’s (CTOS) “Overweight” Rating Reiterated at Cantor Fitzgerald

Custom Truck One Source (NYSE:CTOS)‘s stock had its “overweight” rating reiterated by analysts at Cantor Fitzgerald in a note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a $14.00 target price on the stock. Cantor Fitzgerald‘s target price points to a potential upside of 36.05% from the stock’s current price.

Several other research firms also recently weighed in on CTOS. Zacks Research downgraded shares of Custom Truck One Source from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Robert W. Baird lifted their target price on shares of Custom Truck One Source from $10.00 to $12.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded shares of Custom Truck One Source from a “sell (d-)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. DA Davidson reiterated a “buy” rating and issued a $13.00 price target on shares of Custom Truck One Source in a research note on Tuesday, September 15th. Finally, Oppenheimer upped their price target on shares of Custom Truck One Source from $11.00 to $13.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $12.00.

Custom Truck One Source Trading Up 14.2%

Shares of NYSE CTOS traded up $1.28 during midday trading on Tuesday, hitting $10.29. 764,675 shares of the company traded hands, compared to its average volume of 976,424. The stock has a 50-day moving average price of $9.36 and a 200 day moving average price of $8.74. The firm has a market cap of $2.34 billion, a P/E ratio of 114.10 and a beta of 1.43. Custom Truck One Source has a 12-month low of $5.18 and a 12-month high of $12.23. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.29 and a current ratio of 1.34.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Heartland Advisors Inc. lifted its position in shares of Custom Truck One Source by 42.9% in the first quarter. Heartland Advisors Inc. now owns 1,000,000 shares of the company’s stock valued at $6,570,000 after buying an additional 300,000 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Custom Truck One Source during the 2nd quarter worth $1,842,000. Dimensional Fund Advisors LP grew its position in shares of Custom Truck One Source by 15.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,602,838 shares of the company’s stock valued at $36,806,000 after buying an additional 741,857 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Custom Truck One Source by 154.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,056,550 shares of the company’s stock valued at $6,942,000 after purchasing an additional 642,109 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Custom Truck One Source by 9.9% during the 1st quarter. Empowered Funds LLC now owns 810,115 shares of the company’s stock valued at $5,322,000 after purchasing an additional 72,935 shares in the last quarter. 90.07% of the stock is currently owned by institutional investors.

More Custom Truck One Source News

Here are the key news stories impacting Custom Truck One Source this week:

• Positive Sentiment: CTOS reported record third-quarter results and raised its full-year 2026 adjusted EBITDA and specialty equipment rental (SER) revenue guidance, signaling improved operating expectations. Custom Truck One Source Reports Record Third Quarter 2026 Results
• Positive Sentiment: Third-quarter revenue increased 2.7% year over year to $495.2 million, while rental revenue grew 20.1%. Gross profit rose 12.4% to $113.3 million and operating profit increased 16.7% to $38.1 million, demonstrating margin improvement. Custom Truck One Source Q3 2026 Earnings
• Positive Sentiment: Operating cash flow more than doubled year over year to $163.5 million, supporting the company’s investment in equipment and infrastructure. Custom Truck One Source Q3 Earnings
• Positive Sentiment: Cantor Fitzgerald reaffirmed its “overweight” rating and assigned a $14 price target, implying substantial upside from recent trading levels. Cantor Fitzgerald Stock Recommendations
• Neutral Sentiment: Adjusted earnings were $0.01 per share, matching consensus and improving from a $0.03 loss a year earlier. This indicates a return to profitability, but earnings remain modest. CTOS Matches Q3 Earnings Estimates
• Negative Sentiment: Revenue fell short of analyst expectations of approximately $516.5 million, with management citing weather-related pressure. The company also had $2.8 billion in total liabilities and only $14.6 million in cash, highlighting balance-sheet risk. CTOS Q3 Revenue Earnings Flash

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.