We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Are Business Services Stocks Lagging Concrete Pumping Holdings (BBCP) This Year?
Read MoreHide Full Article
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Concrete Pumping (BBCP - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.
Concrete Pumping is one of 248 companies in the Business Services group. The Business Services group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Concrete Pumping is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BBCP's full-year earnings has moved 11.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that BBCP has returned about 43.1% since the start of the calendar year. In comparison, Business Services companies have returned an average of -12.8%. This means that Concrete Pumping is outperforming the sector as a whole this year.
Another Business Services stock, which has outperformed the sector so far this year, is Cricut, Inc. (CRCT - Free Report) . The stock has returned 19.6% year-to-date.
Over the past three months, Cricut, Inc.'s consensus EPS estimate for the current year has increased 128.6%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Concrete Pumping belongs to the Waste Removal Services industry, a group that includes 23 individual stocks and currently sits at #159 in the Zacks Industry Rank. On average, this group has lost an average of 9.3% so far this year, meaning that BBCP is performing better in terms of year-to-date returns.
Cricut, Inc., however, belongs to the Technology Services industry. Currently, this 122-stock industry is ranked #159. The industry has moved -12.6% so far this year.
Concrete Pumping and Cricut, Inc. could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.
View the Zacks #1 Rank List
Image: Bigstock
Are Business Services Stocks Lagging Concrete Pumping Holdings (BBCP) This Year?
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Concrete Pumping (BBCP - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.
Concrete Pumping is one of 248 companies in the Business Services group. The Business Services group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Concrete Pumping is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for BBCP's full-year earnings has moved 11.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that BBCP has returned about 43.1% since the start of the calendar year. In comparison, Business Services companies have returned an average of -12.8%. This means that Concrete Pumping is outperforming the sector as a whole this year.
Another Business Services stock, which has outperformed the sector so far this year, is Cricut, Inc. (CRCT - Free Report) . The stock has returned 19.6% year-to-date.
Over the past three months, Cricut, Inc.'s consensus EPS estimate for the current year has increased 128.6%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Concrete Pumping belongs to the Waste Removal Services industry, a group that includes 23 individual stocks and currently sits at #159 in the Zacks Industry Rank. On average, this group has lost an average of 9.3% so far this year, meaning that BBCP is performing better in terms of year-to-date returns.
Cricut, Inc., however, belongs to the Technology Services industry. Currently, this 122-stock industry is ranked #159. The industry has moved -12.6% so far this year.
Concrete Pumping and Cricut, Inc. could continue their solid performance, so investors interested in Business Services stocks should continue to pay close attention to these stocks.