Concrete Pumping Holdings, Inc. (NASDAQ:BBCP – Get Free Report) Director Brent Stevens sold 97,700 shares of the business’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $10.83, for a total value of $1,058,091.00. Following the completion of the sale, the director directly owned 497,155 shares in the company, valued at $5,384,188.65. This trade represents a 16.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Concrete Pumping Price Performance
Shares of NASDAQ:BBCP opened at $10.52 on Thursday. The business has a fifty day moving average price of $9.61 and a 200-day moving average price of $7.86. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.73 and a quick ratio of 1.61. The company has a market capitalization of $530.13 million, a PE ratio of 75.14 and a beta of 0.84. Concrete Pumping Holdings, Inc. has a 1-year low of $5.55 and a 1-year high of $12.19.
Concrete Pumping (NASDAQ:BBCP – Get Free Report) last announced its quarterly earnings results on Thursday, June 4th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Concrete Pumping had a return on equity of 3.47% and a net margin of 2.23%.The firm had revenue of $106.80 million during the quarter, compared to the consensus estimate of $96.71 million. As a group, equities analysts expect that Concrete Pumping Holdings, Inc. will post 0.17 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on Concrete Pumping
Institutional Trading of Concrete Pumping
A number of institutional investors have recently made changes to their positions in BBCP. Occudo Quantitative Strategies LP boosted its stake in shares of Concrete Pumping by 17.4% in the 4th quarter. Occudo Quantitative Strategies LP now owns 12,314 shares of the company’s stock worth $83,000 after buying an additional 1,825 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Concrete Pumping by 9.2% in the fourth quarter. Deutsche Bank AG now owns 24,345 shares of the company’s stock worth $163,000 after acquiring an additional 2,049 shares during the period. Jane Street Group LLC increased its position in Concrete Pumping by 6.4% during the second quarter. Jane Street Group LLC now owns 33,962 shares of the company’s stock valued at $209,000 after acquiring an additional 2,056 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Concrete Pumping by 97.5% in the third quarter. BNP Paribas Financial Markets now owns 4,429 shares of the company’s stock valued at $31,000 after acquiring an additional 2,187 shares during the period. Finally, First Trust Advisors LP lifted its holdings in Concrete Pumping by 4.2% in the second quarter. First Trust Advisors LP now owns 77,067 shares of the company’s stock valued at $474,000 after acquiring an additional 3,076 shares during the period. Hedge funds and other institutional investors own 34.20% of the company’s stock.
Concrete Pumping Company Profile
Concrete Pumping Holdings, Inc (NASDAQ: BBCP) is a specialized provider of concrete placing and pumping solutions for commercial, residential and infrastructure construction projects. Through its network of regional operating subsidiaries, the company offers boom pumps, line pumps and volumetric concrete mixers, enabling contractors to efficiently deliver and place concrete on jobsites of varying scale and complexity. Concrete Pumping’s services are designed to streamline the concrete placement process, reduce project timelines and improve overall jobsite safety.
Since its formation through a series of strategic acquisitions beginning in 2020, Concrete Pumping Holdings has focused on consolidating regional operators under a unified platform.
Further Reading
- Five stocks we like better than Concrete Pumping
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Concrete Pumping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Concrete Pumping and related companies with MarketBeat.com's FREE daily email newsletter.
