Custom Truck One Source (NYSE:CTOS – Get Free Report) and CarParts.com (NASDAQ:PRTS – Get Free Report) are both auto/tires/trucks companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk and profitability.
Valuation & Earnings
This table compares Custom Truck One Source and CarParts.com”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Custom Truck One Source | $1.94 billion | 1.13 | -$31.05 million | ($0.09) | -107.73 |
| CarParts.com | $532.11 million | 0.11 | -$50.44 million | ($0.62) | -1.37 |
Profitability
This table compares Custom Truck One Source and CarParts.com’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Custom Truck One Source | -0.88% | -2.18% | -0.49% |
| CarParts.com | -6.97% | -61.80% | -19.36% |
Institutional & Insider Ownership
90.1% of Custom Truck One Source shares are held by institutional investors. Comparatively, 75.3% of CarParts.com shares are held by institutional investors. 4.7% of Custom Truck One Source shares are held by insiders. Comparatively, 6.6% of CarParts.com shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Volatility and Risk
Custom Truck One Source has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500. Comparatively, CarParts.com has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of current ratings and target prices for Custom Truck One Source and CarParts.com, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Custom Truck One Source | 2 | 1 | 4 | 0 | 2.29 |
| CarParts.com | 1 | 1 | 0 | 0 | 1.50 |
Custom Truck One Source currently has a consensus target price of $9.33, suggesting a potential downside of 3.74%. CarParts.com has a consensus target price of $0.60, suggesting a potential downside of 29.41%. Given Custom Truck One Source’s stronger consensus rating and higher possible upside, equities analysts clearly believe Custom Truck One Source is more favorable than CarParts.com.
Summary
Custom Truck One Source beats CarParts.com on 12 of the 14 factors compared between the two stocks.
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). The ERS segment owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. The TES segment offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. The APS segment provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.
About CarParts.com
CarParts.com, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories. The company sells its products to individual customers through its flagship website www.carparts.com and app; online marketplaces, including third-party auction sites and shopping portals; and auto parts wholesale distributors. The company was formerly known as U.S. Auto Parts Network, Inc. and changed its name to CarParts.com, Inc. in July 2020. CarParts.com, Inc. was incorporated in 1995 and is headquartered in Torrance, California.
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