Register Financial Advisors LLC Has $470,000 Position in Custom Truck One Source, Inc. (NYSE:CTOS)

Register Financial Advisors LLC cut its holdings in Custom Truck One Source, Inc. (NYSE:CTOS) by 29.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,800 shares of the company’s stock after selling 41,000 shares during the quarter. Register Financial Advisors LLC’s holdings in Custom Truck One Source were worth $470,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Intech Investment Management LLC bought a new position in Custom Truck One Source during the third quarter valued at about $56,000. SG Americas Securities LLC bought a new position in shares of Custom Truck One Source in the third quarter valued at approximately $64,000. FMR LLC raised its position in shares of Custom Truck One Source by 1,234.8% in the third quarter. FMR LLC now owns 28,846 shares of the company’s stock valued at $100,000 after purchasing an additional 26,685 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Custom Truck One Source by 20.5% in the third quarter. D.A. Davidson & CO. now owns 29,240 shares of the company’s stock worth $101,000 after buying an additional 4,975 shares during the last quarter. Finally, Barclays PLC boosted its holdings in shares of Custom Truck One Source by 349.6% during the 3rd quarter. Barclays PLC now owns 84,526 shares of the company’s stock worth $291,000 after buying an additional 65,725 shares during the period. 90.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Oppenheimer cut their target price on shares of Custom Truck One Source from $6.00 to $5.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th.

Custom Truck One Source Trading Down 2.0 %

Shares of CTOS stock opened at $5.27 on Monday. The firm has a market capitalization of $1.23 billion, a P/E ratio of -32.91 and a beta of 0.79. Custom Truck One Source, Inc. has a 1 year low of $3.03 and a 1 year high of $7.00. The firm’s fifty day simple moving average is $5.12 and its 200 day simple moving average is $4.44. The company has a current ratio of 1.28, a quick ratio of 0.19 and a debt-to-equity ratio of 1.87.

Custom Truck One Source (NYSE:CTOS) last announced its quarterly earnings data on Wednesday, October 30th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.04). Custom Truck One Source had a negative net margin of 2.22% and a negative return on equity of 4.57%. The company had revenue of $447.22 million for the quarter, compared to analyst estimates of $448.46 million. During the same period in the prior year, the company posted $0.04 EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. As a group, sell-side analysts predict that Custom Truck One Source, Inc. will post -0.21 EPS for the current year.

Custom Truck One Source Company Profile

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).