A share price of Concrete Pumping Holdings Inc [BBCP] is currently trading at $6.96, up 6.58%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BBCP shares have gain 5.45% over the last week, with a monthly amount glided 15.81%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Concrete Pumping Holdings Inc [NASDAQ: BBCP] stock has seen the most recent analyst activity on June 07, 2024, when William Blair downgraded its rating to a Mkt Perform. Previously, JP Morgan downgraded its rating to Neutral on October 19, 2023, and elevated its price target to $8.50. On June 25, 2021, upgrade upgraded it’s rating to Buy and revised its price target to $11 on the stock. Robert W. Baird upgraded its rating to a Outperform but stick to its price target of $5 on January 05, 2021. DA Davidson upgraded its rating to a Buy but $5 remained the price target by the analyst firm on December 14, 2020. B. Riley FBR upgraded its rating to Buy for this stock on September 10, 2020, but kept the price target unchanged to $6.50. In a note dated August 10, 2020, UBS initiated an Neutral rating and provided a target price of $5 on this stock.
Concrete Pumping Holdings Inc experienced fluctuations in its stock price throughout the past year between $5.58 and $9.15. Currently, Wall Street analysts expect the stock to reach $7.75 within the next 12 months. Concrete Pumping Holdings Inc [NASDAQ: BBCP] shares were valued at $6.96 at the most recent close of the market. An investor can expect a potential return of 11.35% based on the average BBCP price forecast.
Analyzing the BBCP fundamentals
Trailing Twelve Months sales for Concrete Pumping Holdings Inc [NASDAQ:BBCP] were 445.65M which represents -0.68% decline. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.18.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.64 points at the first support level, and at 6.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.15, and for the 2nd resistance point, it is at 7.34.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Concrete Pumping Holdings Inc [NASDAQ:BBCP] is 1.24. As well, the Quick Ratio is 1.17, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 22.80.
Transactions by insiders
Recent insider trading involved Young Bruce F., Chief Executive Officer, that happened on May 14 ’24 when 5000.0 shares were sold. Chief Executive Officer, Young Bruce F. completed a deal on Apr 17 ’24 to sell 3522.0 shares. Meanwhile, Chief Executive Officer Young Bruce F. sold 5000.0 shares on Apr 16 ’24.
