There is no doubt that Custom Truck One Source Inc (CTOS) ticks all the boxes.

Custom Truck One Source Inc (NYSE: CTOS) stock fell -0.35% on Monday to $5.69 against a previous-day closing price of $5.71. With 0.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.47 million shares. During the session, the Rental & Leasing Services company that operates in wider Industrials sector, reached to the highest price of $5.86 whereas the lowest price it dropped to was $5.58. The 52-week range on CTOS shows that it touched its highest point at $7.64 and its lowest point at $4.41 during that stretch. It currently has a 1-year price target of $9.00. Beta for the stock currently stands at 0.62.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CTOS was up-trending over the past week, with a rise of 17.08%, but this was down by -2.57% over a month. Three-month performance dropped to -10.82% while six-month performance fell -17.54%. The stock lost -9.68% in the past year, while it has lost -9.97% so far this year. A look at the trailing 12-month EPS for CTOS yields 0.26 with Next year EPS estimates of 0.40. For the next quarter, that number is 0.11. This implies an EPS growth rate of 53.89% for this year and 63.45% for next year.

Float and Shares Shorts:

At present, 248.31 million CTOS shares are outstanding with a float of 60.33 million shares on hand for trading. On Oct 30, 2023, short shares totaled 1.4 million, which was 0.58% higher than short shares on Sep 28, 2023. In addition to Mr. Ryan McMonagle as the firm’s CEO & Director, Mr. Fredrick M. Ross Jr. serves as its Founder & Director.

Institutional Ownership:

Through their ownership of 92.17% of CTOS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 8.14% of CTOS, in contrast to 25.62% held by mutual funds. Shares owned by individuals account for 11.48%. As the largest shareholder in CTOS with 1.93% of the stake, Federated Global Investment Manag holds 4,741,662 shares worth 4,741,662. A second-largest stockholder of CTOS, BlackRock Fund Advisors, holds 3,361,412 shares, controlling over 1.37% of the firm’s shares. Canvas Wealth Advisors LLC is the third largest shareholder in CTOS, holding 3,257,232 shares or 1.32% stake. With a 1.93% stake in CTOS, the Allspring Special Small Cap Value is the largest stakeholder. A total of 4,758,909 shares are owned by the mutual fund manager. The Fidelity Value Fund, which owns about 0.95% of CTOS stock, is the second-largest Mutual Fund holder. It holds 2,342,793 shares valued at 13.52 million. Global X US Infrastructure Develo holds 0.84% of the stake in CTOS, owning 2,072,132 shares worth 11.96 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CTOS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With CTOS analysts setting a high price target of $12.00 and a low target of $7.00, the average target price over the next 12 months is $9.00. Based on these targets, CTOS could surge 110.9% to reach the target high and rise by 23.02% to reach the target low. Reaching the average price target will result in a growth of 58.17% from current levels.

Summary of Insider Activity:

Insiders traded CTOS stock several times over the past three months with 1 Buys and 3 Sells. In these transactions, 10 shares were bought while 135,094 shares were sold. The number of buy transactions has increased to 26 while that of sell transactions has risen to 21 over the past year. The total number of shares bought during that period was 627,178 while 552,127 shares were sold.