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.
Analyst Upgrades and Downgrades
Separately, DA Davidson cut their target price on shares of Concrete Pumping to $10.00 in a research note on Thursday, June 9th.
Concrete Pumping Stock Down 4.0 %
Shares of NASDAQ:BBCP opened at $6.74 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 1.40. The company has a fifty day simple moving average of $6.41 and a 200 day simple moving average of $6.42. The firm has a market cap of $381.94 million, a PE ratio of 29.31 and a beta of 0.97. Concrete Pumping has a 12-month low of $4.64 and a 12-month high of $9.70.
Concrete Pumping (NASDAQ:BBCP - Get Rating) last issued its quarterly earnings results on Tuesday, June 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.04. Concrete Pumping had a net margin of 4.23% and a return on equity of 5.64%. The business had revenue of $96.48 million during the quarter, compared to analyst estimates of $89.34 million. On average, equities research analysts anticipate that Concrete Pumping will post 0.34 EPS for the current fiscal year.