DA Davidson Analysts Give Concrete Pumping (NASDAQ:BBCP) a $8.00 Price Target

DA Davidson set a $8.00 price target on Concrete Pumping (NASDAQ:BBCP) in a research note published on Monday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock. DA Davidson also issued estimates for Concrete Pumping’s Q3 2025 earnings at $0.04 EPS, FY2025 earnings at $0.04 EPS and FY2026 earnings at $0.15 EPS.

Separately, Robert W. Baird lowered their target price on Concrete Pumping from $6.50 to $6.00 and set a “neutral” rating for the company in a report on Friday, June 6th.

Concrete Pumping Stock Up 1.0%

Shares of BBCP opened at $6.13 on Monday. The firm has a market cap of $325.20 million, a P/E ratio of 23.58 and a beta of 1.13. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.89 and a current ratio of 1.99. Concrete Pumping has a 52 week low of $4.78 and a 52 week high of $9.68. The firm’s 50-day simple moving average is $6.44 and its 200 day simple moving average is $6.74.

Concrete Pumping (NASDAQ:BBCP) last issued its quarterly earnings data on Thursday, June 5th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). The firm had revenue of $93.96 million during the quarter, compared to analyst estimates of $99.02 million. Concrete Pumping had a net margin of 3.81% and a return on equity of 6.19%. On average, analysts forecast that Concrete Pumping will post 0.43 earnings per share for the current year.

Concrete Pumping announced that its board has authorized a share repurchase plan on Thursday, June 5th that permits the company to buyback $15.00 million in shares. This buyback authorization permits the company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BBCP. Acadian Asset Management LLC acquired a new stake in shares of Concrete Pumping during the first quarter worth $54,000. Cubist Systematic Strategies LLC acquired a new stake in Concrete Pumping during the 4th quarter worth about $55,000. Strs Ohio bought a new position in shares of Concrete Pumping in the 1st quarter worth about $62,000. XTX Topco Ltd acquired a new position in shares of Concrete Pumping in the 1st quarter valued at about $69,000. Finally, EntryPoint Capital LLC bought a new stake in shares of Concrete Pumping during the 1st quarter valued at about $73,000. Institutional investors own 34.20% of the company’s stock.

About Concrete Pumping

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 Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.