At the time of writing, Concrete Pumping Holdings Inc [BBCP] stock is trading at $8.97, up 1.13%. 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 57.33% over the last week, with a monthly amount glided 40.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Concrete Pumping Holdings Inc [NASDAQ: BBCP] stock has seen the most recent analyst activity on September 06, 2024, when UBS downgraded its rating to a Neutral and also revised its price target to $6.25 from $10.50. Previously, William Blair downgraded its rating to Mkt Perform on June 07, 2024. On October 19, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $8.50 on the stock. UBS upgraded its rating to a Buy and increased its price target to $11 on June 25, 2021. Robert W. Baird upgraded its rating to a Outperform but $5 remained the price target by the analyst firm on January 05, 2021. DA Davidson upgraded its rating to Buy for this stock on December 14, 2020, but kept the price target unchanged to $5. In a note dated September 10, 2020, B. Riley FBR upgraded an Buy rating on this stock but restated the target price of $6.50.
For the past year, the stock price of Concrete Pumping Holdings Inc fluctuated between $4.42 and $8.90. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Concrete Pumping Holdings Inc [NASDAQ: BBCP] shares were valued at $8.97 at the most recent close of the market. An investor can expect a potential drop of -27.54% based on the average BBCP price forecast.
Analyzing the BBCP fundamentals
According to Concrete Pumping Holdings Inc [NASDAQ:BBCP], the company’s sales were 425.87M for trailing twelve months, which represents an -7.26% plunge. 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 0.05 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 8.71 points at the first support level, and at 8.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.46, and for the 2nd resistance point, it is at 9.94.
Ratios To Look Out For
It is important to note that Concrete Pumping Holdings Inc [NASDAQ:BBCP] has a current ratio of 1.99. As well, the Quick Ratio is 1.89, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 1.12, the price to book ratio is 1.49 and price to earnings (TTM) ratio is 33.85.
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 15 ’24 to sell 5000.0 shares. Meanwhile, Chief Executive Officer Young Bruce F. sold 5000.0 shares on Apr 16 ’24.
