NASDAQ:BBCP

Concrete Pumping (BBCP) Stock Forecast, Price & News

$6.96

-0.05 (-0.71%)

(As of 05/26/2023 ET)

Compare

Today's Range: $6.88
▼
$7.04
50-Day Range: $6.56
▼
$7.41
52-Week Range: $5.23
▼
$8.24

Volume: 107,656 shs
Average Volume: 65,244 shs
Market Capitalization: $385.65 million

P/E Ratio: 11.80
Dividend Yield: N/A
Price Target: $9.00

Concrete Pumping MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 29.3% Upside
$9.00 Price Target
Short Interest: Bearish
2.58% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.28
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 15.09%
From $0.53 to $0.61 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Business Services Sector

101st out of 347 stocks

Construction - Special Trade Contractors Industry

4th out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Concrete Pumping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.00, Concrete Pumping has a forecasted upside of 29.3% from its current price of $6.96.
Amount of Analyst Coverage
Concrete Pumping has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.58% 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 7.4.
Change versus previous month
Short interest in Concrete Pumping has recently increased by 5.63%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Concrete Pumping does not currently pay a dividend.
Dividend Growth
Concrete Pumping does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BBCP.

1.8

News and Social Media Coverage

News Sentiment
Concrete Pumping has a news sentiment score of 0.28. 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 lower news sentiment than the 0.59 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Concrete Pumping this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for BBCP on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

1.7

Company Ownership

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
26.10% 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 35.37% of the stock of Concrete Pumping is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Concrete Pumping are expected to grow by 15.09% in the coming year, from $0.53 to $0.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Concrete Pumping is 11.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.05.
Price to Earnings Ratio vs. Sector
The P/E ratio of Concrete Pumping is 11.80, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 269.75.
Price to Book Value per Share Ratio
Concrete Pumping has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Concrete Pumping (NASDAQ:BBCP) Stock

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 Camfaud brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand. It also leases and rents concrete pumping equipment, pans, and containers. As of October 31, 2021, the company owned a fleet of approximately 820 boom pumps, 70 placing booms, 20 telebelts, 250 stationary pumps, and 90 waste management trucks. Concrete Pumping Holdings, Inc. was founded in 1983 and is headquartered in Thornton, Colorado.

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BBCP Stock News Headlines

May 25, 2023 | finance.yahoo.com

Concrete Pumping Holdings Sets Second Quarter 2023 Earnings Conference Call for Thursday, June 8, 2023

May 22, 2023 | finance.yahoo.com

What Does Concrete Pumping Holdings, Inc.'s (NASDAQ:BBCP) Share Price Indicate?

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May 17, 2023 | marketwatch.com

Asphalt and Concrete Pump Market Size and Industry Overview: Market Value, Share, and Analysis with CAGR forecasted to be 5% for period 2023-2030

May 16, 2023 | marketwatch.com

Latest Report: "Concrete Pump Market" Opportunities and Challenges 2023-2030

May 16, 2023 | americanbankingnews.com

Contrasting Concrete Pumping (NASDAQ:BBCP) and Color Star Technology (NASDAQ:ADD)

May 15, 2023 | marketwatch.com

Concrete Pump Market 2023, Latest Trends, Growth Drivers, Industry Analysis by Top Companies and Forecast 2028

May 14, 2023 | marketwatch.com

Global "Specialized Concrete Pump Market" Trends 2023-2030 | Latest Innovations, and Future Projections

May 28, 2023 | Behind the Markets (Ad)

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May 11, 2023 | marketwatch.com

Truck Mounted Concrete Pump Market Size 2023, Latest Trends, Growth Drivers, Industry Analysis by Top Companies and Forecast 2028

May 11, 2023 | marketwatch.com

Specialized Concrete Pump Market Research, 2030

May 8, 2023 | marketwatch.com

Concrete Pump Trucks Market Research | 2023-2030

May 6, 2023 | finance.yahoo.com

Capital Allocation Trends At Concrete Pumping Holdings (NASDAQ:BBCP) Aren't Ideal

May 5, 2023 | marketwatch.com

Concrete Pump Market: Opportunities for Industry Expansion in 2030

May 2, 2023 | marketwatch.com

At a 12.66% CAGR, Concrete Pump Market [2023] | Expected to Reach USD 10328.49 Million Till 2030

April 28, 2023 | marketwatch.com

Concrete Pump Market Business Report [2023-2030]

April 28, 2023 | marketwatch.com

Concrete Pump Trucks Market Forecast to 2030

April 27, 2023 | marketwatch.com

2023 Concrete Pump Market Share and Growth Rate Forecast for 2030

April 25, 2023 | finance.yahoo.com

Is AvePoint (AVPT) Stock Outpacing Its Business Services Peers This Year?

April 22, 2023 | marketwatch.com

Concrete Pump Market Forecast to 2031

April 19, 2023 | finance.yahoo.com

Did Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Use Debt To Deliver Its ROE Of 11%?

April 6, 2023 | finance.yahoo.com

Top Industrial Stocks for April 2023

April 6, 2023 | msn.com

Down -14.32% in 4 Weeks, Here's Why Concrete Pumping (BBCP) Looks Ripe for a Turnaround

March 31, 2023 | finance.yahoo.com

Is Concrete Pumping Holdings (BBCP) Stock Outpacing Its Business Services Peers This Year?

March 28, 2023 | marketwatch.com

Global Concrete Truck-mixer Concrete Pump Market Forecast| Insights, Analysis, and Growth Projections 2023-2028

March 26, 2023 | seekingalpha.com

Concrete Pumping Holdings: Good Growth Prospects At Attractive Valuation

March 15, 2023 | marketwatch.com

Mobile Concrete Pump Market to Hit Significant Value by 2028| Research Reports World

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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BBCP Company Calendar

Last Earnings: 3/09/2023
Today: 5/28/2023
Next Earnings (Confirmed): 6/08/2023
Fiscal Year End: 10/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Construction - special trade contractors
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:BBCP
CUSIP: N/A
CIK: 1703956
Web: www.concretepumpingholdings.com
Phone: 303-289-7497
Fax: N/A
Employees: 1,650
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $9.00
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $8.00
Forecasted Upside/Downside: +29.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.59
Trailing P/E Ratio: 11.80
Forward P/E Ratio: 13.13
P/E Growth: N/A
Net Income: $28.68 million
Net Margins: 8.56%
Pretax Margin: 9.81%
Return on Equity: 10.54%
Return on Assets: 3.42%

Debt

Debt-to-Equity Ratio: 1.29
Current Ratio: 0.74
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: $401.29 million
Price / Sales: 0.96
Cash Flow: $1.47 per share
Price / Cash Flow: 4.74
Book Value: $4.97 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 55,410,000
Free Float: 40,948,000
Market Cap: $385.65 million
Optionable: Not Optionable
Beta: 1.06

Key Executives

Mr. Bruce F. Young (Age 62)
Pres, CEO & Director
Comp: $864.94k

Mr. Iain Humphries (Age 47)
CFO, Sec. & Director
Comp: $561.12k

Mr. Tom O'Malley
Sr. VP of Sales & Marketing

Mr. David Anthony Faud (Age 55)
Managing Director of CPH U.K. Operations

Mr. Casey Mendenhall
Pres of Eco-Pan

Mr. Mark Young
Pres of U.S. Concrete Pumping

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BBCP Stock - Frequently Asked Questions

Should I buy or sell Concrete Pumping stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Concrete Pumping in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BBCP shares.
View BBCP analyst ratings or view top-rated stocks.
What is Concrete Pumping's stock price forecast for 2023?: 1 brokerages have issued 12 month target prices for Concrete Pumping's stock. Their BBCP share price forecasts range from $8.00 to $10.00. On average, they predict the company's share price to reach $9.00 in the next year. This suggests a possible upside of 29.3% from the stock's current price.
View analysts price targets for BBCP or view top-rated stocks among Wall Street analysts.
How have BBCP shares performed in 2023?: Concrete Pumping's stock was trading at $5.85 on January 1st, 2023. Since then, BBCP stock has increased by 19.0% and is now trading at $6.96.
View the best growth stocks for 2023 here.
Are investors shorting Concrete Pumping?: Concrete Pumping saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 636,500 shares, an increase of 5.6% from the April 30th total of 602,600 shares. Based on an average trading volume of 86,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 2.6% of the company's stock are sold short.
View Concrete Pumping's Short Interest.
When is Concrete Pumping's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023.
View our BBCP earnings forecast.
How can I listen to Concrete Pumping's earnings call?: Concrete Pumping will be holding an earnings conference call on Thursday, June 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13737461".
How were Concrete Pumping's earnings last quarter?: Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) announced its quarterly earnings results on Thursday, March, 9th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.04 by $0.07. The company had revenue of $93.58 million for the quarter, compared to the consensus estimate of $95.72 million. Concrete Pumping had a trailing twelve-month return on equity of 10.54% and a net margin of 8.56%.
What guidance has Concrete Pumping issued on next quarter's earnings?: Concrete Pumping issued an update on its FY 2023 earnings guidance on Tuesday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $420.00 million-$445.00 million, compared to the consensus revenue estimate of $435.34 million.

What other stocks do shareholders of Concrete Pumping own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Concrete Pumping investors own include Energy Transfer (ET), Dynavax Technologies (DVAX), Maxar Technologies (MAXR), General Electric (GE), Aurora Cannabis (ACB), Southwest Airlines (LUV), Pfizer (PFE), Enterprise Products Partners (EPD), Inseego (INSG) and NIO (NIO).
What is Concrete Pumping's stock symbol?: Concrete Pumping trades on the NASDAQ under the ticker symbol "BBCP."
Who are Concrete Pumping's major shareholders?: Concrete Pumping's stock is owned by many different institutional and retail investors. Top institutional investors include Royce & Associates LP (3.52%), Jennison Associates LLC (2.97%), BlackRock Inc. (2.52%), Diamond Hill Capital Management Inc. (2.33%), Dimensional Fund Advisors LP (1.42%) and Geode Capital Management LLC (0.90%). Insiders that own company stock include Brent M Stevens and John M Piecuch.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Concrete Pumping's stock price today?: One share of BBCP stock can currently be purchased for approximately $6.96.
How much money does Concrete Pumping make?: Concrete Pumping (NASDAQ:BBCP) has a market capitalization of $385.65 million and generates $401.29 million in revenue each year. The company earns $28.68 million in net income (profit) each year or $0.59 on an earnings per share basis.
How many employees does Concrete Pumping have?: The company employs 1,650 workers across the globe.
How can I contact Concrete Pumping?: Concrete Pumping's mailing address is 6461 DOWNING STREET, DENVER CO, 80229. The official website for the company is www.concretepumpingholdings.com. The company can be reached via phone at 303-289-7497 or via email at bbcp@gatewayir.com.

This page (NASDAQ:BBCP) was last updated on 5/28/2023 by MarketBeat.com Staff

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