Custom Truck One Source, Inc. provides specialty equipment rental services to the electric utility transmission and distribution, telecom, and rail industries in North America. It operates through two segments: Equipment Rental and Sales; and Parts, Tools and Accessories. The Equipment Rental and Sales segment rents and sells a range of new and used equipment, including bucket trucks, digger derricks, line equipment, cranes, pressure diggers, and underground equipment for electric utilities, telecom operators, railroad operators, and related contractors. The Parts, Tools and Accessories segment offers sale and rental solutions for parts, tools, and accessories to complement its specialty equipment fleet. Its products include stringing blocks, augers, insulated hotline tools, hoist and rigging equipment, and grounding clamps. This segment also provides maintenance, repair, and upfit services for new and used heavy-duty trucks and cranes. It serves equipment rental customers, industry contractors, and other distributors. As of March 8, 2021, the company had a coast-to-coast rental fleet of approximately 4,500 units comprising insulated and non-insulated bucket trucks, digger derricks, line equipment, cranes, pressure diggers and drills, and underground equipment. 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.
IPO Year: 2017
Exchange: NYSE
Website: customtruck.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/16/2023 | $12.00 | Buy | DA Davidson |
12/13/2022 | $7.50 | Neutral | JP Morgan |
3/30/2022 | $12.00 | Buy | Deutsche Bank |
1/14/2022 | $11.00 | Outperform | Baird |
1/14/2022 | $11.00 | Outperform | Robert W. Baird |
12/20/2021 | $9.00 | Buy | Citigroup |
12/6/2021 | $10.00 | Buy | Stifel |
8-K - Custom Truck One Source, Inc. (0001709682) (Filer)
8-K - Custom Truck One Source, Inc. (0001709682) (Filer)
10-Q - Custom Truck One Source, Inc. (0001709682) (Filer)
8-K - Custom Truck One Source, Inc. (0001709682) (Filer)
8-K - Custom Truck One Source, Inc. (0001709682) (Filer)
10-Q - Custom Truck One Source, Inc. (0001709682) (Filer)
8-K - Custom Truck One Source, Inc. (0001709682) (Filer)
DEFA14A - Custom Truck One Source, Inc. (0001709682) (Filer)
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DEF 14A - Custom Truck One Source, Inc. (0001709682) (Filer)
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4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
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4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, today reported financial results for its three and six months ended June 30, 2024. CTOS Second-Quarter Highlights Total revenue of $423.0 million, a decrease of $33.8 million, or 7.4%, compared to $456.8 million for the second quarter of 2023 primarily due to fewer rental asset sales and lower rental demand from the utility end market Gross profit of $89.3 million, a decline of $21.4 million, or 19.3%, compared to $110.6 million for the second quarter of 2023 Adjusted Gross Profit of $
Custom Truck One Source, Inc. (NYSE:CTOS) today announced it will release second quarter 2024 financial results after the market close on Thursday, August 1, 2024. Management will discuss the results on a conference call at 5:00 p.m. EDT on Thursday, August 1, 2024. The webcast and a presentation of financial information will be available at investors.customtruck.com. To listen by phone, please dial 1-800-715-9871 or 1-646-307-1963 and provide the operator with conference ID 2976854. A replay of the call will be available until 11:59 p.m. EDT, Thursday, August 8, 2024, by dialing 1-800-770-2030 or 1-609-800-9909 and entering passcode 2976854 followed by the # key. ABOUT CUSTOM TRUCK ONE
Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, today reported financial results for its three months ended March 31, 2024. CTOS First-Quarter Highlights Total revenue of $411.3 million, a decrease of $40.9 million, or 9.0%, compared to $452.2 million for the first quarter of 2023 primarily due to fewer rental asset sales and lower rental demand from the utility end market Gross profit of $90.7 million, a decline of $19.0 million, or 17.3%, compared to $109.7 million for the first quarter of 2023 Adjusted Gross Profit of $134.5 mill
Custom Truck One Source, Inc. (NYSE:CTOS) today announced it will release first quarter 2024 financial results after the market close on Thursday, May 2, 2024. Management will discuss the results on a conference call at 5:00 p.m. ET on Thursday, May 2, 2024. The webcast and a presentation of financial information will be available at investors.customtruck.com. To listen by phone, please dial 1-800 715-9871 or 1-646-307-1963 and provide the operator with conference ID 2976854. A replay of the call will be available until 11:59 p.m. ET, Thursday, May 9, 2024, by dialing 1-800-770-2030 or 1-609-800-9909 and entering passcode 2976854. ABOUT CUSTOM TRUCK ONE SOURCE Custom Truck One Source is
Custom Truck One Source, Inc. (NYSE:CTOS) proudly announces its acquisition of the business of SOS Fleet Services, LLC, a full-service repair facility located in Alexandria, Louisiana. This acquisition brings over 30,000 square feet of space and a highly experienced team that will significantly enhance Custom Truck's service footprint in the region. Our new Alexandria branch is poised to offer the full breadth of Custom Truck's rental product offering, as well as repair service, to customers in the area. This acquisition, along with the recently announced 2024 planned branch openings in Casa Grande, AZ, Sacramento, CA and Salt Lake City, UT, will increase Custom Truck's national footprint
Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, and other infrastructure-related end markets, today reported financial results for the fourth quarter and full year ended December 31, 2023. CTOS Fourth-Quarter and Full-Year Highlights Total quarterly revenue of $521.8 million and annual revenue of $1,865.1 million, as a result of continued strong demand across our end markets Quarterly gross profit of $126.8 million, a decrease of $1.5 million, or 1.2%, compared to $128.3 million for fourth quarter 2022 and annual gross profit of $454.3 million, an increase of $70.5 million, or 18.4%, compared to $383.7 mill
Custom Truck One Source, Inc. (NYSE:CTOS) today announced it will release fourth quarter and full-year 2023 financial results after the market close on Thursday, March 7, 2024. Management will discuss the results on a conference call at 5:00 p.m. ET on Thursday, March 7, 2024. The webcast and a presentation of financial information will be available at investors.customtruck.com. To listen by phone, please dial 1-800-715-9871 or 1-646-307-1963 and provide the operator with conference ID 6601040. A replay of the call will be available until 11:59 p.m. ET, Thursday, March 14, 2023, by dialing 1-800-770-2030 or 1-609-800-9909 and entering passcode 6601040. ABOUT CUSTOM TRUCK ONE SOURCE Cust
Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail and other infrastructure-related end markets, today reported financial results for its three and nine months ended September 30, 2023. CTOS Third-Quarter Highlights Total revenue of $434.4 million, an increase of $76.6 million, or 21.4%, compared to $357.8 million for the third quarter of 2022 as a result of continued strong demand across our end markets Gross profit of $107.2 million, an improvement of $19.0 million, or 21.5%, compared to $88.2 million for the third quarter of 2022 Adjusted Gross Profit of $149.6 million, an increase of $18.8 million, or 14
Custom Truck One Source, Inc. (NYSE:CTOS) today announced it will release third quarter 2023 financial results after the market close on Tuesday, November 7, 2023. Management will discuss the results on a conference call at 5:00 p.m. ET on Tuesday, November 7, 2023. The webcast and a presentation of financial information will be available at investors.customtruck.com. To listen by phone, please dial 1-855-327-6837 or 1-631-891-4304. A replay of the call will be available until midnight ET, Tuesday, November 14, 2023, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 10022473. ABOUT CUSTOM TRUCK ONE SOURCE Custom Truck One Source is one of the largest providers of special
Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail and other infrastructure-related end markets, today reported financial results for its three and six months ended June 30, 2023. CTOS Second-Quarter Highlights Total revenue of $456.8 million, an increase of $94.7 million or 26.2%, compared to the second quarter of 2022 as a result of continued strong demand across our end markets Gross profit of $110.6 million, an improvement of $27.8 million, or 33.7%, compared to $82.8 million for the second quarter of 2022 Adjusted Gross Profit of $154.2 million, an increase of $28.2 million, or 22.3%, compared to $126.1
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4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
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4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
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4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
4 - Custom Truck One Source, Inc. (0001709682) (Issuer)
Custom Truck One Source, Inc. (NYSE:CTOS) proudly announces its acquisition of the business of A&D Maintenance and Repair. Founded in 1986, A&D Maintenance is a family-owned, full-service repair facility located in Wyandanch, New York on Long Island. This acquisition adds over 20,000 square feet of space and a highly experienced team that significantly expands Custom Truck's presence and service capacity on Long Island and in the greater New York City metro area. Our new Wyandanch branch is poised to offer the full breadth of Custom Truck's product offering, as well as repair services, to customers in the region. "We are excited to join forces with the A&D Maintenance and Repair team an
Upon Closing, Rishi Bajaj to Become Chief Executive Officer of ContextLogic and Four New Independent Directors to Join ContextLogic Board Six Existing Directors to Step Down from Board Upon Completion of the Qoo10 Transaction Reconstituted Board and Management Team to Focus on Maximizing Value of ~$2.7 Billion of NOLs SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ:WISH) ("ContextLogic" or the "Company") today announced that it will reconstitute its Board of Directors and management team upon completion of its pending transaction under which it will sell substantially all of its operating assets and liabilities, principally comprising its
Custom Truck One Source, Inc. ("Custom Truck One Source," "CTOS," or the "Company") (NYSE:CTOS) today announced Fred Ross's retirement from his position as Chief Executive Officer ("CEO") effective March 20, 2023 and the Company's Board of Directors' unanimous approval of the promotion of Ryan McMonagle, the Company's current President and Chief Operating Officer, to succeed Fred Ross as CEO effective upon his retirement. As part of the Board's succession plan, Mr. Ross is expected to continue his employment with the Company as Founder and will continue to serve as a member of the Company's Board of Directors. In his role as Founder, Mr. Ross will assist with the transition of leadership t
KANSAS CITY, Mo., Aug. 4, 2022 /PRNewswire/ – Custom Truck One Source, Inc. ("Custom Truck One Source" or the "Company") (NYSE:CTOS) today announced that the Company's Board of Directors has appointed Christopher J. Eperjesy to serve as Chief Financial Officer, effective August 15, 2022. Mr. Eperjesy succeeds Todd Barrett, who will continue his role as Chief Accounting Officer of the Company. Fred Ross, CEO of Custom Truck One Source, commented "We could not be more excited about having Chris join Custom Truck One Source as our CFO. He has relevant experience and an impressive
KANSAS CITY, Mo., April 11, 2022 /PRNewswire/ -- Custom Truck One Source, Inc. ("Custom Truck" or the "Company") (NYSE:CTOS) today announced that Vice Admiral Mary Jackson U.S. Navy (Retired) was appointed to its Board of Directors, filling a vacancy. Vice Admiral Jackson was also appointed to serve on both the Audit and Compensation Committees of Custom Truck's Board. The Company has determined that Vice Admiral Jackson is an independent director under the New York Stock Exchange and Securities and Exchange Commission rules. "We are extremely fortunate that Vice Admiral Jacks
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DA Davidson initiated coverage of Custom Truck One Source with a rating of Buy and set a new price target of $12.00
JP Morgan initiated coverage of Custom Truck One Source with a rating of Neutral and set a new price target of $7.50
Deutsche Bank initiated coverage of Custom Truck One Source with a rating of Buy and set a new price target of $12.00
Baird initiated coverage of Custom Truck One Source with a rating of Outperform and set a new price target of $11.00
Robert W. Baird initiated coverage of Custom Truck One Source with a rating of Outperform and set a new price target of $11.00
Citigroup resumed coverage of Custom Truck One Source with a rating of Buy and set a new price target of $9.00
Stifel initiated coverage of Custom Truck One Source with a rating of Buy and set a new price target of $10.00
Citigroup resumed coverage of Custom Truck One Source with a rating of Buy and set a new price target of $12.50
Across the recent three months, 5 analysts have shared their insights on Custom Truck One Source (NYSE:CTOS), expressing a variety of opinions spanning from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 1 0 0 0 3M Ago 0 1 1 0 0 Analysts have recently evaluated Custom Truck One Source and provided 12-month price targets. The average target is $6.1, accompanied by a high estimate of $7.00 and a low estimate
JP Morgan analyst Tami Zakaria maintains Custom Truck One Source (NYSE:CTOS) with a Neutral and lowers the price target from $6 to $5.
4 analysts have expressed a variety of opinions on Custom Truck One Source (NYSE:CTOS) over the past quarter, offering a diverse set of opinions from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 2 1 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $6.38, a high estimate of $7.00, and a low estimate of $5.50. A 16.82% drop is evident in the current average
Stifel analyst Brian Brophy initiates coverage on Custom Truck One Source (NYSE:CTOS) with a Hold rating and announces Price Target of $5.5.
6 analysts have shared their evaluations of Custom Truck One Source (NYSE:CTOS) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 4 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 1 0 0 2M Ago 0 0 0 0 0 3M Ago 1 2 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $8.0, with a high estimate of $12.00 and a low estimate of $6.00. This current averag
Oppenheimer analyst Scott Schneeberger maintains Custom Truck One Source (NYSE:CTOS) with a Outperform and lowers the price target from $8 to $7.
JP Morgan analyst Tami Zakaria maintains Custom Truck One Source (NYSE:CTOS) with a Neutral and lowers the price target from $7 to $6.
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Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, today reported financial results for its three and six months ended June 30, 2024. CTOS Second-Quarter Highlights Total revenue of $423.0 million, a decrease of $33.8 million, or 7.4%, compared to $456.8 million for the second quarter of 2023 primarily due to fewer rental asset sales and lower rental demand from the utility end market Gross profit of $89.3 million, a decline of $21.4 million, or 19.3%, compared to $110.6 million for the second quarter of 2023 Adjusted Gross Profit of $
Custom Truck One Source, Inc. (NYSE:CTOS) today announced it will release second quarter 2024 financial results after the market close on Thursday, August 1, 2024. Management will discuss the results on a conference call at 5:00 p.m. EDT on Thursday, August 1, 2024. The webcast and a presentation of financial information will be available at investors.customtruck.com. To listen by phone, please dial 1-800-715-9871 or 1-646-307-1963 and provide the operator with conference ID 2976854. A replay of the call will be available until 11:59 p.m. EDT, Thursday, August 8, 2024, by dialing 1-800-770-2030 or 1-609-800-9909 and entering passcode 2976854 followed by the # key. ABOUT CUSTOM TRUCK ONE
Custom Truck One Source, Inc. (NYSE:CTOS) today announced that Chris Eperjesy, Chief Financial Officer, will participate in a fireside chat and meet with institutional investors at the Deutsche Bank 15th Annual Global Industrials, Materials & Building Products Conference in New York City on Thursday, June 6, 2024. The fireside chat is scheduled to begin at 11:10 a.m. EDT. A live audio-only webcast of the fireside chat will be available through the Company's Investor Relations website at investors.customtruck.com in the Events & Presentations section. A replay will be archived and available for 30 days following the conference on the same website. ABOUT CUSTOM TRUCK ONE SOURCE Custom Tru
Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, forestry, waste management and other infrastructure-related end markets, today reported financial results for its three months ended March 31, 2024. CTOS First-Quarter Highlights Total revenue of $411.3 million, a decrease of $40.9 million, or 9.0%, compared to $452.2 million for the first quarter of 2023 primarily due to fewer rental asset sales and lower rental demand from the utility end market Gross profit of $90.7 million, a decline of $19.0 million, or 17.3%, compared to $109.7 million for the first quarter of 2023 Adjusted Gross Profit of $134.5 mill
Custom Truck One Source, Inc. (NYSE:CTOS), a leading provider of sales, rental and service for specialized equipment, announced today the opening of a new location in Ogden, Utah. The new facility will enhance Custom Truck's ability to offer its full range of equipment, parts and services to customers in the greater Salt Lake City market and broader Western region. This location in Ogden, Utah, situated north of Salt Lake City, adds 10,000 square feet of space and five service bays to the Company's national footprint. The facility will also serve as a sales and rental hub in the area, providing access to Custom Truck's full line of equipment for the electric utility, telecommunications, r
Custom Truck One Source, Inc. (NYSE:CTOS) today announced that Chief Executive Officer, Ryan McMonagle, and Chief Financial Officer, Chris Eperjesy, will participate in a fireside chat and meet with institutional investors at the Oppenheimer 19th Annual Industrial Growth Conference on Tuesday, May 7, 2024. The conference is taking place virtually. The fireside chat is scheduled to begin at 10:30 a.m. ET. A live webcast of the presentation will be available through the Company's Investor Relations website at investors.customtruck.com. A replay will be archived and available for 30 days following the conference on the same website. ABOUT CUSTOM TRUCK ONE SOURCE Custom Truck One Source is
Custom Truck One Source, Inc. (NYSE:CTOS) today announced it will release first quarter 2024 financial results after the market close on Thursday, May 2, 2024. Management will discuss the results on a conference call at 5:00 p.m. ET on Thursday, May 2, 2024. The webcast and a presentation of financial information will be available at investors.customtruck.com. To listen by phone, please dial 1-800 715-9871 or 1-646-307-1963 and provide the operator with conference ID 2976854. A replay of the call will be available until 11:59 p.m. ET, Thursday, May 9, 2024, by dialing 1-800-770-2030 or 1-609-800-9909 and entering passcode 2976854. ABOUT CUSTOM TRUCK ONE SOURCE Custom Truck One Source is
Custom Truck One Source, Inc. (NYSE:CTOS) proudly announces its acquisition of the business of A&D Maintenance and Repair. Founded in 1986, A&D Maintenance is a family-owned, full-service repair facility located in Wyandanch, New York on Long Island. This acquisition adds over 20,000 square feet of space and a highly experienced team that significantly expands Custom Truck's presence and service capacity on Long Island and in the greater New York City metro area. Our new Wyandanch branch is poised to offer the full breadth of Custom Truck's product offering, as well as repair services, to customers in the region. "We are excited to join forces with the A&D Maintenance and Repair team an
Truck and heavy equipment leader Custom Truck One Source wins Kansas City Business Journal award for $35 million historical warehouse renovation on its headquarter campus Custom Truck One Source, Inc. (NYSE:CTOS) was recently recognized with a Capstone Award by the Kansas City Business Journal for the Company's $35 million renovation of a 220,000-square-foot warehouse located on the former site of Kansas City's Armco Steel plant, which is now part of Custom Truck's 175-acre headquarter campus. The renovated building was part of the historic factory that closed in 2001 and which is now undergoing an overall adaptive reuse transformation. Custom Truck revamped the building to house its Fa
Upon Closing, Rishi Bajaj to Become Chief Executive Officer of ContextLogic and Four New Independent Directors to Join ContextLogic Board Six Existing Directors to Step Down from Board Upon Completion of the Qoo10 Transaction Reconstituted Board and Management Team to Focus on Maximizing Value of ~$2.7 Billion of NOLs SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ:WISH) ("ContextLogic" or the "Company") today announced that it will reconstitute its Board of Directors and management team upon completion of its pending transaction under which it will sell substantially all of its operating assets and liabilities, principally comprising its