Custom Truck One Source Inc (CTOS) Volatility At 5.03%, Should You Add A Position?

Custom Truck One Source Inc (NYSE: CTOS) is 29.60% higher on its value in year-to-date trading and has touched a low of $3.03 and a high of $6.11 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CTOS stock was last observed hovering at around $5.61 in the last trading session, with the day’s gains setting it 0.17%.

Currently trading at $5.78, the stock is 13.18% and 21.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 3.03% at the moment leaves the stock 26.17% off its SMA200. CTOS registered 20.17% gain for a year compared to 6-month gain of 29.02%. The firm has a 50-day simple moving average (SMA 50) of $4.6478 and a 200-day simple moving average (SMA200) of $4.54975.

The stock witnessed a 22.46% loss in the last 1 month and extending the period to 3 months gives it a 69.50%, and is 11.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.03% over the week and 3.77% over the month.

Custom Truck One Source Inc (CTOS) has around 2619 employees, a market worth around $1.31B and $1.81B in sales. Fwd P/E is 70.03. Profit margin for the company is -1.77%. Distance from 52-week low is 90.76% and -5.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.29%).

The EPS is expected to grow by 61.50% this year

196.0 institutions hold shares in Custom Truck One Source Inc (CTOS), with institutional investors hold 101.08% of the company’s shares. The shares outstanding are 225.78M, and float is at 64.48M with Short Float at 7.76%. Institutions hold 96.52% of the Float.

The top institutional shareholder in the company is PLATINUM EQUITY ADVISORS, LLC/DE with over 148.6 million shares valued at $646.41 million. The investor’s holdings represent 61.9872 of the CTOS Shares outstanding. As of 2024-06-30, the second largest holder is ECP CONTROLCO, LLC with 25.76 million shares valued at $112.05 million to account for 10.7446 of the shares outstanding. The other top investors are ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC which holds 4.93 million shares representing 2.0585 and valued at over $21.47 million, while BLACKROCK INC. holds 1.5601 of the shares totaling 3.74 million with a market value of $16.27 million.

Custom Truck One Source Inc (CTOS) Insider Activity

The most recent transaction is an insider purchase by PE One Source Holdings, LLC, the company’s 10% Owner. SEC filings show that PE One Source Holdings, LLC bought 8,143,635 shares of the company’s common stock on Jan 30 ’25 at a price of $4.00 per share for a total of $32.57 million. Following the purchase, the insider now owns 156.74 million shares.

Custom Truck One Source Inc disclosed in a document filed with the SEC on Jan 30 ’25 that PLATINUM EQUITY, LLC (10% Owner) bought a total of 8,143,635 shares of the company’s common stock. The trade occurred on Jan 30 ’25 and was made at $4.00 per share for $32.57 million. Following the transaction, the insider now directly holds 156.74 million shares of the CTOS stock.

Still, SEC filings show that on Sep 05 ’24, ECP ControlCo, LLC (10% Owner) disposed off 2,354,109 shares at an average price of $3.42 for $8.05 million. The insider now directly holds 23,384,879 shares of Custom Truck One Source Inc (CTOS).

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