Concrete Pumping (BBCP) Expected to Announce Earnings on Thursday

Concrete Pumping (NASDAQ:BBCP - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Thursday, June 5th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $99.02 million for the quarter.

Concrete Pumping Stock Performance

NASDAQ:BBCP remained flat at $7.03 during midday trading on Monday. 82,318 shares of the company traded hands, compared to its average volume of 135,066. The stock has a fifty day moving average of $6.30 and a two-hundred day moving average of $6.72. Concrete Pumping has a 12-month low of $4.78 and a 12-month high of $9.68. The company has a quick ratio of 1.89, a current ratio of 1.99 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $372.95 million, a P/E ratio of 27.04 and a beta of 1.12.

Wall Street Analyst Weigh In

BBCP has been the topic of several research analyst reports. 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 research note 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 research note on Wednesday, March 12th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $7.44.

Insiders Place Their Bets

In related news, CEO Bruce F. Young purchased 49,507 shares of the business's stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of $5.19 per share, for a total transaction of $256,941.33. Following the completion of the purchase, the chief executive officer now directly owns 1,722,622 shares of the company's stock, valued at $8,940,408.18. This trade represents a 2.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 26.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Concrete Pumping

Several large investors have recently modified their holdings of BBCP. Royal Bank of Canada boosted its holdings in shares of Concrete Pumping by 5.7% in the first quarter. Royal Bank of Canada now owns 161,031 shares of the company's stock valued at $878,000 after acquiring an additional 8,620 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Concrete Pumping in the first quarter valued at about $78,000. Empowered Funds LLC boosted its holdings in shares of Concrete Pumping by 3.7% in the first quarter. Empowered Funds LLC now owns 321,737 shares of the company's stock valued at $1,757,000 after acquiring an additional 11,605 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Concrete Pumping by 166.4% in the first quarter. Jane Street Group LLC now owns 31,906 shares of the company's stock valued at $174,000 after acquiring an additional 19,929 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of Concrete Pumping in the first quarter valued at about $54,000. Hedge funds and other institutional investors own 34.20% of the company's stock.

Concrete Pumping Company Profile

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.