Concrete Pumping Holdings (NASDAQ:BBCP) shareholders have earned a 99% return over the last year
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by picking above-average stocks. For example, the Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) share price is up 99% in the last 1 year, clearly besting the market return of around 15% (not including dividends). That's a solid performance by our standards! Zooming out, the stock is actually down 1.8% in the last three years.
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
View our latest analysis for Concrete Pumping Holdings
Concrete Pumping Holdings isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
In the last year Concrete Pumping Holdings saw its revenue shrink by 0.6%. Despite the lack of revenue growth, the stock has returned a solid 99% the last twelve months. We can correlate the share price rise with revenue or profit growth, but it seems the market had previously expected weaker results, and sentiment around the stock is improving.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
Take a more thorough look at Concrete Pumping Holdings' financial health with this free report on its balance sheet.
A Different Perspective
It's nice to see that Concrete Pumping Holdings shareholders have gained 99% (in total) over the last year. That certainly beats the loss of about 0.6% per year over three years. The optimist would say this is evidence that the stock has bottomed, and better days lie ahead. You might want to assess this data-rich visualization of its earnings, revenue and cash flow.
We will like Concrete Pumping Holdings better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.