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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 $5.82, up 1.22% from the previous day, and has decreased 12.22% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.52 percentage points. Custom Truck One Source stock is currently +31.82% from its 52-week low of $4.42, and -22.71% from its 52-week high of $7.53.

There are currently 240.27M CTOS shares outstanding. The market value of CTOS is $1.40B. In the last 24 hours, 773,050 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.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Choose your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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 Price
$5.82
1w %
5.24%
1y %
-12.22%
5y %
-42.77%
P/E
27.71x
P/B
1.52x
P/S
0.76x
PEG
0.38x
Revenue
$1.87B
Earnings
$50.71M
Fore. Rev. Growth
8.38%
Fore. Earn. Growth
81.27%
Market Cap
$1.40B
Next Earnings
May 7, 2024
Next Dividend
N/A

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 overvalued based on its P/E ratio of 27.71x, relative to Rental & Leasing Services industry P/E ratio of 16.33x
  • CTOS could be undervalued based on its P/B ratio of 1.52x, relative to Rental & Leasing Services industry P/B ratio of 2.44x
  • CTOS could be undervalued based on its PEG ratio of 0.38x

You can access additional valuation analysis on CTOS's stock here.

A look at CTOS Cashflows and Balance Sheet

Pros:

  • CTOS has $41.15M in cash and short term investments. This is enough to cover its annual cash burn of $207.48M.
  • Total CTOS debt is lower than 5 years ago, relative to shareholder equity.
  • CTOS profit margin has gone up from 2.5% to 2.7% in the past year.
  • There are more short-term assets than short-term liabilities on the CTOS balance sheet.

Cons:

  • There are more long-term liabilities than short-term assets on the CTOS balance sheet.
  • CTOS has cash burn of 207481000. It does not have enough cash and short-term investments to cover this.
  • CTOS has a relatively high debt to equity ratio of 2.67.

Is Custom Truck One Source stock a Buy, Hold, or Sell, according to analysts?

Out of 5 Equities analysts who give recommendations on CTOS, the consensus analyst rating on CTOS is a Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Custom Truck One Source stock forecast page.

CTOS Momentum

SMA10
5.55
SMA20
5.64
SMA50
6.21
SMA100
6.08
SMA200
6.28
MACD
-0.17
MACD Signal
-0.23
MACD Histogram
0.06
RSI
50.27
Stochastic %K
72.96
Stochastic %D
57.56
StochRSI %K
98.49
StochRSI %D
94.51

CTOS Earnings

Last year, CTOS earnings were $50.71M. In the last one years, CTOS's earnings have increased by 31.25% per year. This was slower than the Rental & Leasing Services industry average of 31.62%.

Last year, CTOS revenue was $1.87B. Over the past five year, CTOS's revenue has gone up by 49.92% per year. This was faster than the Rental & Leasing Services industry average of 11.78%.

You can research CTOS's earnings and revenue performance here.

Latest Insiders Trades at CTOS

In the last 12 months, insiders at CTOS have sold more shares than they have bought.

Raymond Todd Barrett, Chief Accounting Officer of CTOS, was the latest CTOS insider to sell. They sold $2,454.09 worth of CTOS shares on Mar 18, 2024.

Research more about who owns CTOS stock here.

Does CTOS provide a stable income stream?

No, Custom Truck One Source doesn't provide an income stream by paying out dividends.

What others are saying about CTOS

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your CTOS trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.

Click the Open button and your broker will place the order.

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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 shares.

Make a watchlist to get notified of important updates regarding your CTOS stock.

CTOS Feed

How to Buy Stock in Custom Truck One Source

To reiterate, here are the 6 steps to buy Custom Truck One Source stock:

  1. Figure out where to buy Custom Truck One Source stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Research Custom Truck One Source stock
  5. Make your CTOS trade
  6. Get the latest scoop on your CTOS investment

If you are looking for a place to buy stocks, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your investment in Custom Truck One Source, add CTOS to your watchlist below.

NYSE: CTOS
$5.82+0.07 (+1.22%)
Updated Mar 28, 2024
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NYSE: CTOS
$5.82+0.07 (+1.22%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Custom Truck One Source share?

As of Mar 28, 2024, it costs $5.82 to buy one share of Custom Truck One Source stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.344 shares of CTOS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Custom Truck One Source stock?

According to 5 Wall Street analysts who monitor Custom Truck One Source, their consensus recommendation is to buy Custom Truck One Source stock.

What is the best way to buy Custom Truck One Source stock?

One way to place an order for Custom Truck One Source stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.