Concrete Pumping - BBCP Stock Forecast, Price & News

1 Wall Street 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 research analysts is that investors should "buy" BBCP shares.
View BBCP analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued twelve-month price objectives for Concrete Pumping's stock. Their BBCP share price forecasts range from $8.00 to $10.00. On average, they expect the company's stock price to reach $9.00 in the next year. This suggests a possible upside of 28.9% from the stock's current price.
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Concrete Pumping's stock was trading at $5.85 on January 1st, 2023. Since then, BBCP shares have increased by 19.3% and is now trading at $6.98.
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Concrete Pumping saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 812,600 shares, a decline of 7.5% from the February 13th total of 878,300 shares. Based on an average trading volume of 105,000 shares, the days-to-cover ratio is currently 7.7 days. Currently, 3.3% of the shares of the stock are sold short.
View Concrete Pumping's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023.
View our BBCP earnings forecast.

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) released its quarterly earnings results on Monday, January, 23rd. The company reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The company had revenue of $114.89 million for the quarter, compared to analysts' expectations of $102.16 million. Concrete Pumping had a trailing twelve-month return on equity of 10.54% and a net margin of 8.56%.

Concrete Pumping updated 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.

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).

Concrete Pumping trades on the NASDAQ under the ticker symbol "BBCP."

Concrete Pumping's stock is owned by a number of retail and institutional investors. Top institutional investors include AltraVue Capital LLC (4.60%), Jennison Associates LLC (2.90%), Diamond Hill Capital Management Inc. (2.24%), Dimensional Fund Advisors LP (1.17%), Geode Capital Management LLC (0.88%) and New York State Common Retirement Fund (0.80%). Insiders that own company stock include Brent M Stevens, David A B Brown and John M Piecuch.
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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.
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One share of BBCP stock can currently be purchased for approximately $6.98.

Concrete Pumping (NASDAQ:BBCP) has a market capitalization of $386.76 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.

The company employs 1,650 workers across the globe.

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.