FY2025 EPS Estimates for Concrete Pumping Cut by DA Davidson

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) – Investment analysts at DA Davidson decreased their FY2025 EPS estimates for Concrete Pumping in a research note issued to investors on Monday, June 9th. DA Davidson analyst B. Thielman now expects that the company will post earnings per share of $0.04 for the year, down from their previous estimate of $0.22. DA Davidson currently has a “Buy” rating and a $8.00 target price on the stock. The consensus estimate for Concrete Pumping’s current full-year earnings is $0.43 per share. DA Davidson also issued estimates for Concrete Pumping’s FY2026 earnings at $0.15 EPS.

Separately, Robert W. Baird decreased their target price on shares of Concrete Pumping from $6.50 to $6.00 and set a “neutral” rating for the company in a report on Friday, June 6th.

Concrete Pumping Stock Performance

Shares of Concrete Pumping stock opened at $6.12 on Wednesday. Concrete Pumping has a 1 year low of $4.78 and a 1 year high of $9.68. The firm’s 50-day moving average is $6.46 and its 200 day moving average is $6.74. The stock has a market cap of $324.67 million, a price-to-earnings ratio of 23.54 and a beta of 1.13. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.99 and a quick ratio of 1.89.

Concrete Pumping (NASDAQ:BBCP) last posted its quarterly earnings data on Thursday, June 5th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). Concrete Pumping had a net margin of 3.81% and a return on equity of 6.19%. The company had revenue of $93.96 million for the quarter, compared to the consensus estimate of $99.02 million.

Concrete Pumping announced that its board has approved a share repurchase program on Thursday, June 5th that authorizes the company to repurchase $15.00 million in shares. This repurchase authorization authorizes the company to buy up to 4.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Institutional Trading of Concrete Pumping

Several institutional investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC bought a new position in shares of Concrete Pumping during the first quarter valued at $54,000. Cubist Systematic Strategies LLC purchased a new position in Concrete Pumping in the 4th quarter worth about $55,000. Strs Ohio purchased a new position in Concrete Pumping in the 1st quarter worth about $62,000. XTX Topco Ltd bought a new position in Concrete Pumping during the 1st quarter valued at about $69,000. Finally, EntryPoint Capital LLC purchased a new stake in shares of Concrete Pumping during the 1st quarter valued at about $73,000. 34.20% of the stock is currently owned by hedge funds and other institutional investors.

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.