Earnings and Growth Analysis : Concrete Pumping (NASDAQ:BBCP)

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Earnings results for Concrete Pumping (NASDAQ:BBCP)

Concrete Pumping Holdings, Inc. is expected* to report earnings on 09/09/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.05. The reported EPS for the same quarter last year was $0.05.

Concrete Pumping last issued its earnings data on June 9th, 2020. The reported ($1.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by $1.06. The company had revenue of $74.04 million for the quarter, compared to the consensus estimate of $73.96 million. Concrete Pumping has generated $0.00 earnings per share over the last year. Concrete Pumping has confirmed that its next quarterly earnings report will be published on Wednesday, September 9th, 2020.

Analyst Opinion on Concrete Pumping (NASDAQ:BBCP)

5 Wall Street analysts have issued ratings and price targets for Concrete Pumping in the last 12 months. Their average twelve-month price target is $4.05, predicting that the stock has a possible upside of 2.27%. The high price target for BBCP is $5.25 and the low price target for BBCP is $3.00. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Concrete Pumping has received a consensus rating of Hold. The company’s average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $4.05, Concrete Pumping has a forecasted upside of 2.3% from its current price of $3.96. Concrete Pumping has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Concrete Pumping (NASDAQ:BBCP)

Concrete Pumping does not currently pay a dividend. Concrete Pumping does not have a long track record of dividend growth.

Insiders buying/selling: Concrete Pumping (NASDAQ:BBCP)

In the past three months, Concrete Pumping insiders have sold 9,535.27% more of their company’s stock than they have bought. Specifically, they have bought $6,020.00 in company stock and sold $580,043.00 in company stock. Only 27.40% of the stock of Concrete Pumping is held by insiders. Only 24.71% of the stock of Concrete Pumping is held by institutions.

Earnings and Valuation of Concrete Pumping (NASDAQ:BBCP

Earnings for Concrete Pumping are expected to grow in the coming year, from ($0.03) to $0.12 per share. The P/E ratio of Concrete Pumping is -3.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Concrete Pumping is -3.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Concrete Pumping has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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