Custom Truck Stock Target Price and Analyst Consensus

CTOS Stock  USD 5.25  0.02  0.38%   
The current analyst and expert consensus on Custom Truck is Strong Buy, with 5 strong buy opinions. The current projected Custom Truck target price consensus is 10.00 with 6 analyst opinions. The most common way Custom Truck One analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Custom Truck executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Custom Truck. We strongly encourage you to use your own analysis of Custom Truck One to validate this buy or sell advice. Custom Truck buy-or-sell recommendation module provides average expert sentiment on the projected Custom Truck One target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Custom Truck to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
9.1
Highest Forecast
11.1
Target Price
10
At this time, Custom Truck's Gross Profit is comparatively stable compared to the past year. Pretax Profit Margin is likely to gain to 0.03 in 2024, whereas Operating Profit Margin is likely to drop 0.09 in 2024. At this time, Custom Truck's Total Current Assets are comparatively stable compared to the past year. Net Working Capital is likely to gain to about 386.9 M in 2024, whereas Total Assets are likely to drop slightly above 1.8 B in 2024.
  
It's important to approach Custom Truck's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Custom Truck Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Custom target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Custom Truck's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Strong Buy
Most Custom analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Custom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Custom Truck One, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Custom Truck Target Price Projection

Custom Truck's current and average target prices are 5.25 and 10.00, respectively. The current price of Custom Truck is the price at which Custom Truck One is currently trading. On the other hand, Custom Truck's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Custom Truck Market Quote on 18th of April 2024

Low Price5.19Odds
High Price5.4Odds

5.25

Target Price

Analyst Consensus On Custom Truck Target Price

Low Estimate9.1Odds
High Estimate11.1Odds

10.0

Historical Lowest Forecast  9.1 Target Price  10.0 Highest Forecast  11.1
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Custom Truck One and the information provided on this page.

Custom Truck Analyst Ratings

Custom Truck's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Custom Truck stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Custom Truck's financials, market performance, and future outlook by experienced professionals. Custom Truck's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Custom Truck price targets

Custom Truck's stock target price is an estimate of its future price, usually made by analysts. Using Custom Truck's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Custom Truck's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Custom Truck's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Custom Truck Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Custom Truck is a key component of Custom Truck valuation and have some predictive power on the future returns of a Custom Truck.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Custom Truck's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
2.155.057.95
Details
Intrinsic
Valuation
LowRealHigh
3.636.539.43
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.050.070.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Custom Truck. Your research has to be compared to or analyzed against Custom Truck's peers to derive any actionable benefits. When done correctly, Custom Truck's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Custom Truck One.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Check out Macroaxis Advice on Custom Truck to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Custom Stock analysis

When running Custom Truck's price analysis, check to measure Custom Truck's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Custom Truck is operating at the current time. Most of Custom Truck's value examination focuses on studying past and present price action to predict the probability of Custom Truck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Custom Truck's price. Additionally, you may evaluate how the addition of Custom Truck to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
The data published in Custom Truck's official financial statements usually reflect Custom Truck's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Custom Truck One. For example, before you start analyzing numbers published by Custom accountants, it's critical to develop an understanding of what Custom Truck's liquidity, profitability, and earnings quality are in the context of the Trading Companies & Distributors space in which it operates.
Please note, the presentation of Custom Truck's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Custom Truck's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Custom Truck's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Custom Truck One. Please utilize our Beneish M Score to check the likelihood of Custom Truck's management manipulating its earnings.