How to Buy Custom Truck One Source Stock
Custom Truck One Source Inc
Nesco Holdings, Inc. engages in the provision of specialty equipment rental solutions. The company is headquartered in Arlington, Virginia.
Custom Truck One Source stock last closed at $3.70, down 1.07% from the previous day, and has decreased 44.69% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.62 percentage points. Custom Truck One Source stock is currently +8.19% from its 52-week low of $3.42, and -47.14% from its 52-week high of $7.00.
There are currently 236.21M CTOS shares outstanding. The market value of CTOS is $873.98M. In the last 24 hours, 960,400 CTOS shares were traded.
How to Buy Custom Truck One Source Stock
Wondering how to invest in Custom Truck One Source stock? Here's how.
- Figure out where to buy Custom Truck One Source stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Custom Truck One Source stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your info.
- Research Custom Truck One Source stock: The Custom Truck One Source ticker symbol is CTOS. Is Custom Truck One Source stock a good investment? Should you buy shares of CTOS? How do CTOS's underlying business fundamentals look? Do top analysts think Custom Truck One Source is a good buy? Why has CTOS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if CTOS is a good stock to buy).
- Make your CTOS trade: Decide if you will purchase CTOS shares at the current market price or use a limit order to buy CTOS shares at a particular price.
- Get the latest scoop on your CTOS investment: Create a watchlist to watch your new investment in Custom Truck One Source stock.
Step 1: Figure out where to buy Custom Truck One Source stock
You need a brokerage account to access the NYSE market and buy CTOS shares.
Our favorite brokerage: eToro
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- Buy other assets: Such as ETFs and cryptos.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you are able to invest in CTOS stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the best free stock trading app, your next step is to transfer the money for your investment:
Check out the video below if you need help transferring money into your brokerage account.
Step 4: Research Custom Truck One Source stock
Once you have decided on the best place to buy Custom Truck One Source stock, it's critical to evaluate their stock prior to buying, so you truly wrap your head around the risk and upside.
Custom Truck One Source Numbers
CTOS Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on CTOS's stock page.
Is CTOS stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CTOS's true value.
Using relative valuations measures:
- CTOS could be undervalued based on its P/B ratio of 1.02x, relative to Rental & Leasing Services industry P/B ratio of 2.32x
You can access additional valuation analysis on CTOS's stock here.
CTOS Financial Summary
Pros:
- CTOS has $23.28M in cash and short term investments. This is enough to cover its annual cash burn of $172.74M.
- There are more short-term assets than short-term liabilities on the CTOS balance sheet.
Cons:
- CTOS has cash burn of 172744000. It does not have enough cash and short-term investments to cover this.
- Total CTOS debt is higher than 5 years ago, relative to shareholder equity.
- CTOS profit margin has gone down from 3.1% to -0.8% in the past year.
- CTOS has a relatively high debt to equity ratio of 3.11.
- There are more long-term liabilities than short-term assets on the CTOS balance sheet.
Do analysts think it's a good time to buy Custom Truck One Source stock
Out of 5 Wall Street analysts who give recommendations on CTOS, the consensus analyst rating on Custom Truck One Source is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Custom Truck One Source stock forecast page.
CTOS Trading Indicators
How are CTOS Revenues/Earnings doing?
Last year, CTOS revenue was $1.79B. During the past 5 year, CTOS's revenue has increased by 47.42% per year. This was faster than the Rental & Leasing Services industry average of 11.73%.
Find out more about CTOS's earnings and revenue performance here.
What are CTOS executives and large shareholders up to?
Over the past year, executives and large shareholders at CTOS have sold more shares than they have bought.
Energy Capital Partners Management LP, Director of CTOS, was the latest CTOS insider to sell. They sold $77,691.52 worth of CTOS shares on Aug 27, 2024.
Research more about who owns CTOS shares here.
Does CTOS provide a stable income stream?
No, Custom Truck One Source doesn't provide an income stream by paying out dividends.
CTOS Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your CTOS trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Hit the Open button and your broker will execute the order.
If you require more info about buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your CTOS investment
Now that you own some CTOS stock, you'll want to stay up-to-date on your new investment.
Add CTOS to a watchlist to keep tabs on your CTOS stock.
CTOS Feed
How to Buy Stock in Custom Truck One Source
To summarize, here are the 6 steps for buying Custom Truck One Source stock:
- Figure out where to buy Custom Truck One Source stock
- Open your brokerage account
- Fund your investment account
- Research Custom Truck One Source stock
- Make your CTOS trade
- Get the latest scoop on your CTOS investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Custom Truck One Source, create a watchlist today.
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