Concrete Pumping (BBCP) Stock Price, News & Analysis

Company Overview

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. It leases and rents concrete pumping equipment, pans, and containers. As of October 31, 2023, the company owned a fleet of approximately 930 boom pumps, 90 placing booms, 20 telebelts, 300 stationary pumps, and 115 waste management trucks. Concrete Pumping Holdings, Inc. was founded in 1983 and is headquartered in Thornton, Colorado.

Key Stats

• Today's Range: $6.50 to $6.72
• 50-Day Range: $5.45 to $7.37
• 52-Week Range: $5.05 to $8.48
• Volume: 66,887 shs
• Average Volume: 94,574 shs
• Market Capitalization: $352.78 million
• P/E Ratio: 25.35
• Dividend Yield: N/A
• Price Target: $7.31
• Consensus Rating: Hold

Concrete Pumping Stock Analysis - MarketRank™

Concrete Pumping scored higher than 62% of companies evaluated by MarketBeat, and ranked 199th out of 332 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Concrete Pumping has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Concrete Pumping has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.81%

Earnings Growth

Earnings for Concrete Pumping are expected to grow by 14.81% in the coming year, from $0.27 to $0.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Concrete Pumping is 25.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Concrete Pumping is 25.35, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.36.

Price to Book Value per Share Ratio

Concrete Pumping has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.33% of the float of Concrete Pumping has been sold short.

Short Interest Ratio / Days to Cover

Concrete Pumping has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Concrete Pumping has recently decreased by 20.21%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Concrete Pumping does not currently pay a dividend.

Dividend Growth

Concrete Pumping does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.33% of the float of Concrete Pumping has been sold short.

Short Interest Ratio / Days to Cover

Concrete Pumping has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Concrete Pumping has recently decreased by 20.21%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Concrete Pumping has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Business Services companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Concrete Pumping insiders have not sold or bought any company stock.

Percentage Held by Insiders

27.40% of the stock of Concrete Pumping is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.20% of the stock of Concrete Pumping is held by institutions.

BBCP Stock Analysis - Frequently Asked Questions

How have BBCP shares performed this year?

Concrete Pumping's stock was trading at $8.20 at the beginning of 2024. Since then, BBCP shares have decreased by 19.6% and is now trading at $6.59.
View the best growth stocks for 2024 here.

How were Concrete Pumping's earnings last quarter?

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) issued its quarterly earnings data on Wednesday, September, 4th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.05. The firm had revenue of $109.62 million for the quarter, compared to analysts' expectations of $126.10 million. Concrete Pumping had a trailing twelve-month return on equity of 6.17% and a net margin of 3.72%.

Who are Concrete Pumping's major shareholders?

Top institutional shareholders of Concrete Pumping include Jennison Associates LLC (2.91%), Royce & Associates LP (2.38%), Diamond Hill Capital Management Inc. (2.05%) and Mill Road Capital Management LLC (2.00%).
View institutional ownership trends.

How do I buy shares of Concrete Pumping?

Shares of BBCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Concrete Pumping own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Concrete Pumping investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 9/04/2024
• Today: 12/23/2024
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Construction - special trade contractors
• Sub-Industry: Construction
• Current Symbol: NASDAQ:BBCP
• CUSIP: N/A
• CIK: 1703956
• Web: www.concretepumpingholdings.com
• Phone: 303-289-7497
• Fax: N/A
• Employees: 1,720
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.31
• High Stock Price Target: $8.50
• Low Stock Price Target: $6.25
• Potential Upside/Downside: +11.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.26
• Trailing P/E Ratio: 25.35
• Forward P/E Ratio: 24.41
• P/E Growth: N/A
• Net Income: $31.79 million
• Net Margins: 3.72%
• Pretax Margin: 5.47%
• Return on Equity: 6.17%
• Return on Assets: 2.13%

Debt

• Debt-to-Equity Ratio: 1.19
• Current Ratio: 1.54
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: $434.59 million
• Price / Sales: 0.81
• Cash Flow: $1.40 per share
• Price / Cash Flow: 4.72
• Book Value: $5.63 per share
• Price / Book: 1.17

Miscellaneous

• Outstanding Shares: 53,533,000
• Free Float: 38,865,000
• Market Cap: $352.78 million
• Optionable: Optionable
• Beta: 1.13