Concrete Pumping (NASDAQ:BBCP) issued its quarterly earnings data on Tuesday. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05), MarketWatch Earnings reports. Concrete Pumping had a positive return on equity of 1.17% and a negative net margin of 6.76%. During the same period in the previous year, the firm earned ($0.05) EPS.
Shares of BBCP stock opened at $8.18 on Thursday. The stock’s 50-day simple moving average is $8.49 and its 200-day simple moving average is $8.48. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.62 and a current ratio of 1.73. The firm has a market capitalization of $462.91 million, a PE ratio of -19.02 and a beta of 1.12. Concrete Pumping has a fifty-two week low of $4.58 and a fifty-two week high of $9.70.
Several research analysts recently issued reports on BBCP shares. Zacks Investment Research lowered Concrete Pumping from a “hold” rating to a “sell” rating in a research report on Tuesday, October 19th. TheStreet raised Concrete Pumping from a “d” rating to a “c-” rating in a research report on Wednesday, November 3rd. One analyst has rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $9.19.
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 Camfaud brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.
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