Concrete Pumping (BBCP) Expected to Announce Earnings on Thursday

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

Concrete Pumping Stock Performance

Shares of NASDAQ BBCP traded down $0.14 during mid-day trading on Friday, reaching $7.10. 35,805 shares of the company's stock were exchanged, compared to its average volume of 136,723. The firm has a 50-day moving average price of $6.26 and a two-hundred day moving average price of $6.69. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.99 and a quick ratio of 1.89. The firm has a market capitalization of $376.66 million, a price-to-earnings ratio of 27.31 and a beta of 1.12. Concrete Pumping has a 52 week low of $4.78 and a 52 week high of $9.68.

Insider Buying and Selling

In related news, CEO Bruce F. Young acquired 49,507 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of $5.19 per share, with a total value of $256,941.33. Following the acquisition, the chief executive officer now owns 1,722,622 shares of the company's stock, valued at approximately $8,940,408.18. This trade represents a 2.96% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 26.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BBCP. Royal Bank of Canada grew its stake in Concrete Pumping by 5.7% during 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 bought a new position in Concrete Pumping in the 1st quarter valued at $78,000. Empowered Funds LLC grew its position in shares of Concrete Pumping by 3.7% during the 1st quarter. Empowered Funds LLC now owns 321,737 shares of the company's stock valued at $1,757,000 after purchasing an additional 11,605 shares in the last quarter. Jane Street Group LLC raised its position 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 worth $174,000 after buying an additional 19,929 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Concrete Pumping during the first quarter valued at $54,000. Hedge funds and other institutional investors own 34.20% of the company's stock.

Wall Street Analyst Weigh In

BBCP has been the topic of several research reports. Robert W. Baird lowered their price objective on shares of Concrete Pumping from $7.00 to $6.50 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. DA Davidson dropped their price target on Concrete Pumping from $9.50 to $9.00 and set a "buy" rating on the stock in a research report on Wednesday, March 12th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $7.44.

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.