6 analysts have shared their evaluations of Custom Truck One Source CTOS during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 4 | 1 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 1 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 1 | 2 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $8.0, with a high estimate of $12.00 and a low estimate of $6.00. This current average has decreased by 7.73% from the previous average price target of $8.67.
Analyzing Analyst Ratings: A Detailed Breakdown
A clear picture of Custom Truck One Source's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Scott Schneeberger | Oppenheimer | Lowers | Outperform | $7.00 | $8.00 |
Tami Zakaria | JP Morgan | Lowers | Neutral | $6.00 | $7.00 |
Justin Hauke | Baird | Lowers | Outperform | $7.00 | $8.00 |
Michael Shlisky | DA Davidson | Maintains | Buy | $12.00 | $12.00 |
Scott Schneeberger | Oppenheimer | Maintains | Outperform | $8.00 | $8.00 |
Justin Hauke | Baird | Lowers | Outperform | $8.00 | $9.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Custom Truck One Source. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Custom Truck One Source compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Custom Truck One Source's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Custom Truck One Source's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Custom Truck One Source analyst ratings.
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Unveiling the Story Behind Custom Truck One Source
Custom Truck One Source Inc is a one-stop-shop provider of specialty equipment in the electric utility transmission and distribution, forestry, telecom, waste management, rail, and infrastructure end-markets in North America. The company's segment includes Equipment Rental Solutions (ERS), Truck and Equipment Sales (TES), and Aftermarket Parts and Services (APS). It generates maximum revenue from the TES segment. Geographically, it derives a majority revenue from the United States.
Custom Truck One Source: Financial Performance Dissected
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Decline in Revenue: Over the 3 months period, Custom Truck One Source faced challenges, resulting in a decline of approximately -9.04% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -3.49%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Custom Truck One Source's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -1.58%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Custom Truck One Source's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.42%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a high debt-to-equity ratio of 2.58, Custom Truck One Source faces challenges in effectively managing its debt levels, indicating potential financial strain.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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