Concrete Pumping Holdings Inc (NASDAQ: BBCP) is 50.70% higher on its value in year-to-date trading and has touched a low of $4.42 and a high of $9.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BBCP stock was last observed hovering at around $8.97 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $8.79, the stock is 37.24% and 47.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing -2.01% at the moment leaves the stock 55.50% off its SMA200. BBCP registered 31.89% gain for a year compared to 6-month gain of 51.61%. The firm has a 50-day simple moving average (SMA 50) of $6.7141 and a 200-day simple moving average (SMA200) of $6.43565.
The stock witnessed a 42.97% loss in the last 1 month and extending the period to 3 months gives it a 74.25%, and is 35.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.47% over the week and 5.44% over the month.
Concrete Pumping Holdings Inc (BBCP) has around 1590 employees, a market worth around $465.89M and $425.87M in sales. Current P/E ratio is 33.17 and Fwd P/E is 16.38. Profit margin for the company is 3.35%. Distance from 52-week low is 98.75% and -9.17% from its 52-week high. The company has generated returns on investments over the last 12 months (1.93%).
with sales reaching $90.28M over the same period.The EPS is expected to grow by 61.54% this year, but quarterly earnings will post -1.36% year-over-year. Quarterly sales are estimated to shrink -7.60% in year-over-year returns.
Concrete Pumping Holdings Inc (BBCP) Top Institutional Holders
137.0 institutions hold shares in Concrete Pumping Holdings Inc (BBCP), with institutional investors hold 84.49% of the company’s shares. The shares outstanding are 53.27M, and float is at 22.47M with Short Float at 1.82%. Institutions hold 60.77% of the Float.
The top institutional shareholder in the company is ALTRAVUE CAPITAL, LLC with over 2.45 million shares valued at $14.71 million. The investor’s holdings represent 4.5798% of the BBCP Shares outstanding. As of 2024-06-30, the second largest holder is JENNISON ASSOCIATES LLC with 1.66 million shares valued at $9.98 million to account for 3.1071 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.55 million shares representing 2.9027% and valued at over $9.32 million, while BLACKROCK INC. holds 2.4762 of the shares totaling 1.32 million with a market value of $7.95 million.
Concrete Pumping Holdings Inc (BBCP) Insider Activity
The most recent transaction is an insider sale by Young Bruce F., the company’s Chief Executive Officer. SEC filings show that Young Bruce F. sold 5,000 shares of the company’s common stock on May 14 ’24 at a price of $7.00 per share for a total of $35000.0. Following the sale, the insider now owns 2.04 million shares.
Concrete Pumping Holdings Inc disclosed in a document filed with the SEC on Apr 15 ’24 that Young Bruce F. (Chief Executive Officer) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Apr 15 ’24 and was made at $7.21 per share for $36050.0. Following the transaction, the insider now directly holds 2.05 million shares of the BBCP stock.
Still, SEC filings show that on Apr 16 ’24, Young Bruce F. (Chief Executive Officer) disposed off 5,000 shares at an average price of $7.09 for $35450.0. The insider now directly holds 2,049,275 shares of Concrete Pumping Holdings Inc (BBCP).
