William Blair Forecasts Lower Earnings for Concrete Pumping

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP - Free Report) - William Blair decreased their Q2 2025 earnings estimates for shares of Concrete Pumping in a research note issued to investors on Wednesday, March 12th. William Blair analyst T. Mulrooney now forecasts that the company will post earnings of $0.02 per share for the quarter, down from their prior forecast of $0.08. The consensus estimate for Concrete Pumping's current full-year earnings is $0.43 per share. William Blair also issued estimates for Concrete Pumping's Q3 2025 earnings at $0.13 EPS, FY2025 earnings at $0.25 EPS and FY2026 earnings at $0.41 EPS.

Several other equities analysts also recently commented on BBCP. DA Davidson cut their price target on shares of Concrete Pumping from $9.50 to $9.00 and set a "buy" rating on the stock in a report on Wednesday, March 12th. Robert W. Baird cut their price target on shares of Concrete Pumping from $7.00 to $6.50 and set a "neutral" rating on the stock in a report on Wednesday, March 12th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $7.44.

Concrete Pumping Price Performance

Shares of Concrete Pumping stock traded down $0.25 during trading hours on Friday, reaching $5.75. The company's stock had a trading volume of 148,255 shares, compared to its average volume of 120,658. The stock has a market cap of $304.77 million, a P/E ratio of 22.12 and a beta of 1.25. Concrete Pumping has a one year low of $4.78 and a one year high of $9.68. The firm has a 50 day moving average price of $7.30 and a 200-day moving average price of $6.52. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.99 and a quick ratio of 1.89.

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Concrete Pumping (NASDAQ:BBCP - Get Free Report) last posted its earnings results on Wednesday, January 8th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. Concrete Pumping had a net margin of 3.81% and a return on equity of 6.19%.

Hedge Funds Weigh In On Concrete Pumping

A number of hedge funds have recently added to or reduced their stakes in the stock. Marshall Wace LLP lifted its position in shares of Concrete Pumping by 6.5% in the 4th quarter. Marshall Wace LLP now owns 24,993 shares of the company's stock worth $166,000 after purchasing an additional 1,529 shares during the period. Renaissance Technologies LLC lifted its position in shares of Concrete Pumping by 0.9% in the 4th quarter. Renaissance Technologies LLC now owns 243,100 shares of the company's stock worth $1,619,000 after purchasing an additional 2,100 shares during the period. Trexquant Investment LP lifted its position in shares of Concrete Pumping by 9.5% in the 4th quarter. Trexquant Investment LP now owns 25,906 shares of the company's stock worth $173,000 after purchasing an additional 2,238 shares during the period. Wells Fargo & Company MN lifted its position in shares of Concrete Pumping by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 13,968 shares of the company's stock worth $93,000 after purchasing an additional 3,042 shares during the period. Finally, Federated Hermes Inc. lifted its position in Concrete Pumping by 3.7% during the fourth quarter. Federated Hermes Inc. now owns 103,072 shares of the company's stock valued at $686,000 after acquiring an additional 3,654 shares during the last quarter. 34.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Bruce F. Young bought 49,507 shares of the company's stock in a transaction on Thursday, March 13th. The shares were acquired at an average cost of $5.19 per share, for a total transaction of $256,941.33. Following the purchase, the chief executive officer now directly owns 1,722,622 shares of the company's stock, valued at approximately $8,940,408.18. The trade was a 2.96 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 26.60% of the company's stock.

Concrete Pumping Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 24th were paid a $1.00 dividend. The ex-dividend date was Friday, January 24th.

About Concrete Pumping

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.