Reviewing Custom Truck One Source (CTOS) and Its Peers

Custom Truck One Source (NYSE:CTOS) is one of 158 public companies in the “Trading Companies & Distributors” industry, but how does it weigh in compared to its competitors? We will compare Custom Truck One Source to related companies based on the strength of its analyst recommendations, profitability, valuation, risk, institutional ownership, earnings and dividends.

Volatility and Risk

Custom Truck One Source has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500. Comparatively, Custom Truck One Source’s competitors have a beta of 1.33, suggesting that their average stock price is 33% more volatile than the S&P 500.

Profitability

This table compares Custom Truck One Source and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Custom Truck One Source	1.44%	3.63%	0.83%
Custom Truck One Source Competitors	1.01%	-33.87%	3.50%

Insider and Institutional Ownership

90.1% of Custom Truck One Source shares are owned by institutional investors. Comparatively, 51.1% of shares of all “Trading Companies & Distributors” companies are owned by institutional investors. 4.7% of Custom Truck One Source shares are owned by company insiders. Comparatively, 17.1% of shares of all “Trading Companies & Distributors” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and recommmendations for Custom Truck One Source and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Custom Truck One Source	1	3	4	0	2.38
Custom Truck One Source Competitors	1464	4953	6820	238	2.43

Custom Truck One Source currently has a consensus price target of $12.00, indicating a potential upside of 13.31%. As a group, “Trading Companies & Distributors” companies have a potential upside of 8.74%. Given Custom Truck One Source’s higher possible upside, research analysts plainly believe Custom Truck One Source is more favorable than its competitors.

Earnings & Valuation

This table compares Custom Truck One Source and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Custom Truck One Source	$1.94 billion	-$31.05 million	81.46
Custom Truck One Source Competitors	$6.62 billion	$360.25 million	33.35

Custom Truck One Source’s competitors have higher revenue and earnings than Custom Truck One Source. Custom Truck One Source is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Custom Truck One Source competitors beat Custom Truck One Source on 7 of the 13 factors compared.

About Custom Truck One Source

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). The ERS segment owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. The TES segment offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. The APS segment provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.