# Concrete Pumping Holdings, Inc. (BBCP)

> Source: Nexqual · https://nexqual.com/BBCP · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Concrete Pumping Holdings, Inc. (BBCP), nexqual.com/BBCP" · informational, not investment advice.

**Price:** USD 9.36 (+0.97% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 9.27 · day 9.09–9.37 · 52w 5.56–12.19 · market cap $472M · NCM

## Key facts
- Last four reported quarters (through Jul 31, 2026): revenue $423M, net income $10.4M (2.4% margin), free cash flow $15.6M (SEC filings).
- Valuation: P/E 45.6x (avg 27.8x at the last 3 fiscal year-ends), EV/EBITDA 8.4x, net debt $376M.
- 1 of 80 tracked superinvestors hold BBCP (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $4.3M; 3 not under a Rule 10b5-1 plan ($4.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.00 on a 1–5 scale) (2 analysts), mean target USD 12 (range 12–12).
- Total return with dividends: 1Y +45.9% vs S&P 500 +14.9%; 5Y +20.6% vs S&P 500 +80.3%.
- Next earnings: 2026-09-03, EPS estimate USD 0.13, revenue estimate $117M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $316M | $401M | $442M | $426M | $393M | $423M |
| Gross profit | $138M | $164M | $178M | $166M | $151M | — |
| Operating income | $38.0M | $50.1M | $61.5M | $49.3M | $41.5M | $48.5M |
| Net income | -$15.1M | $28.7M | $31.8M | $16.2M | $6.4M | $10.4M |
| EPS (diluted) | -$0.31 | $0.47 | $0.54 | $0.26 | $0.09 | — |
| Free cash flow | $13.0M | -$25.2M | $42.4M | $43.1M | $17.5M | $15.6M |
| Gross margin | 43.6% | 40.8% | 40.3% | 38.9% | 38.5% | — |
| Operating margin | 12.0% | 12.5% | 13.9% | 11.6% | 10.6% | 11.5% |
| Net margin | -4.8% | 7.1% | 7.2% | 3.8% | 1.6% | 2.4% |
| Revenue growth | +3.8% | +27.1% | +10.2% | -3.7% | -7.7% | — |
| Cash + short-term investments | $9.3M | $7.5M | $15.9M | $43.0M | $44.4M | — |
| Total debt | $423M | $370M | $372M | $373M | $418M | — |
Fiscal years end Oct. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 31, 2026)
P/E 45.6x · P/S 1.1x · EV/EBITDA 8.4x · EV/Sales 2.0x · P/FCF 30.3x · P/B 1.8x · FCF yield 3.30% · Earnings yield 2.20% · Buyback yield (TTM) 1.94% · Net debt $376M · EV $847M
P/E at fiscal year-ends: Oct 2025 52.8x, Oct 2024 18.6x, Oct 2023 12.0x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold BBCP. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.01% | $8.9M | Added +12.3% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-07-09…2026-07-10 | Stevens Brent M | Director | 100,000 | $1.1M | 0.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-11 | Humphries Iain | CFO and Secretary | 96,955 | $1.0M | 20.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-09…2026-06-11 | Stevens Brent M | Director | 200,000 | $2.1M | 1.7% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 3.00 on a 1–5 scale), 2 analysts; mean target USD 12 (low 12, high 12).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +45.9% | +20.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +46.1% | +3.8% |
| Volatility (annualized) | 47.0% | 41.4% |
| Max drawdown | -26.3% (Jun 2026→Sep 2026) | -48.4% (Nov 2021→May 2022) |

## Peers (Engineering & Construction)
TPC (Tutor Perini Corporation) USD 76.88 -4.09% · AGX (Argan, Inc.) USD 330.3 -4.50% · ROAD (Construction Partners, Inc.) USD 83.93 -1.19% · GVA (Granite Construction Incorporat) USD 107.45 -2.08% · ECG (Everus Construction Group, Inc.) USD 97.05 -8.44% · KBR (KBR, Inc.) USD 39.53 +5.95%

## More
Full page: https://nexqual.com/BBCP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-07-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| US Concrete Pumping | $76.2M | 65.2% | +9.9% |
| US Concrete Waste Management Services | $21.9M | 18.8% | +13.5% |
| UK Operations | $18.7M | 16.0% | +23.9% |
| Total revenue | $116.8M | 100% | — |

## Revenue by region (quarter ended 2025-07-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $88.6M | 85.5% | -5.5% |
| United Kingdom | $15.1M | 14.5% | -5.0% |
| Total revenue | $103.7M | 100% | — |

## Company outlook (8-K filed 2026-09-03)

- "Full-Year Outlook - - Announces Extension of Existing Share Repurchase Plan - - Announces Quarterly Cash Dividend Program - DENVER, CO – September 3, 2026 – Concrete Pumping Holdings, Inc."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-10-31) | $0.13 | $0.11 | +13.6% | $117.0M | 2 |
| Next quarter (ends 2027-01-31) | $-0.04 | $-0.04 | +0.0% | $96.8M | 2 |
| Current fiscal year (ends 2026-10-31) | $0.20 | $0.17 | +17.6% | $431.1M | 2 |
| Next fiscal year (ends 2027-10-31) | $0.34 | $0.26 | +32.7% | $453.2M | 2 |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-12-18 | 56 | 36.6% | ±13.1% |
| 2027-03-19 | 147 | 52.3% | ±27.0% |
| 2027-06-17 | 237 | 49.7% | ±32.0% |