Group 1: G-III Apparel Group, Ltd. (GIII) - G-III Apparel Group has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased by 3.7% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 7.67, significantly lower than the industry average of 21.60 [1] - G-III Apparel Group possesses a Value Score of A, reflecting strong value characteristics [1] Group 2: Concrete Pumping Holdings, Inc. (BBCP) - Concrete Pumping Holdings also carries a Zacks Rank of 1, suggesting robust investment potential [2] - The Zacks Consensus Estimate for its current year earnings has seen a substantial increase of 38.7% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 19.33, which is lower than the industry average of 27.70 [2] - Concrete Pumping Holdings has a Value Score of A, indicating strong value characteristics [2] Group 3: Potbelly Corporation (PBPB) - Potbelly Corporation holds a Zacks Rank of 1, indicating favorable investment prospects [3] - The Zacks Consensus Estimate for its current year earnings has increased by 14.3% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 45.74, which is lower than the industry average of 54.60 [3] - Potbelly Corporation possesses a Value Score of B, reflecting decent value characteristics [3]

Group 1 - Concrete Pumping (BBCP) is part of the Business Services group, which consists of 292 companies and currently ranks 6 within the Zacks Sector Rank [2] - The Zacks Rank system focuses on earnings estimates and revisions, with Concrete Pumping holding a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [3] - The Zacks Consensus Estimate for BBCP's full-year earnings has increased by 38.7% in the past quarter, reflecting stronger analyst sentiment and an improving earnings outlook [4] Group 2 - Year-to-date, Concrete Pumping has gained approximately 34.8%, outperforming the average gain of 22.8% for stocks in the Business Services group [4] - Concrete Pumping belongs to the Waste Removal Services industry, which includes 19 stocks and currently ranks 188 in the Zacks Industry Rank, with an average gain of 18.9% this year [6] - Society Pass Incorporated (SOPA) is another strong performer in the Business Services sector, with a year-to-date return of 43.7% and a Zacks Rank of 1 (Strong Buy) [5]

Group 1: Company Overview - Virtu Financial is a market-leading financial services firm that utilizes advanced technology to provide execution services, data, analytics, and connectivity products, delivering liquidity to global markets [1] - Concrete Pumping Holdings specializes in concrete pumping and waste management services primarily in the U.S. and U.K. [2] - Viking Holdings Ltd. is engaged in passenger shipping and other forms of passenger transport mainly in North America, the U.K., and internationally [3] Group 2: Financial Performance - Virtu Financial's current year earnings estimate increased by 3.8% over the last 60 days [1] - Concrete Pumping Holdings' current year earnings estimate rose by 38.7% over the last 60 days [2] - Viking Holdings' current year earnings estimate grew by 7.1% over the last 60 days [3] Group 3: Stock Performance - Virtu Financial's shares increased by 8.3% over the last three months, outperforming the S&P 500's gain of 1.8% [2] - Concrete Pumping Holdings' shares surged by 54% over the last three months, significantly exceeding the S&P 500's gain of 1.8% [3] - Viking Holdings' shares rose by 14% over the last three months, also outperforming the S&P 500's gain of 1.8% [4] Group 4: Momentum Scores - Virtu Financial has a Momentum Score of A [2] - Concrete Pumping Holdings also possesses a Momentum Score of A [3] - Viking Holdings has a Momentum Score of B [4]

Core Viewpoint - Concrete Pumping (BBCP) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][2] Current-Quarter Estimate Revisions - For the current quarter, earnings are projected at $0.01 per share, reflecting a 150% increase from the previous year's reported figure [4] - Over the past 30 days, one estimate has been revised upward with no negative revisions, leading to a 108.33% increase in the Zacks Consensus Estimate [4] Current-Year Estimate Revisions - The full-year earnings estimate stands at $0.43 per share, representing a 34.38% increase from the prior year [5] - The trend for current-year estimates is positive, with two upward revisions and no negative changes, resulting in a 38.71% boost in the consensus estimate [5] Favorable Zacks Rank - The positive revisions have earned Concrete Pumping a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [6] - Research indicates that stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) tend to significantly outperform the S&P 500 [6] Bottom Line - Strong estimate revisions have led to a 12.7% increase in the stock price over the past four weeks, suggesting further upside potential [7]

Core Points - Concrete Pumping Holdings, Inc. announced a special cash dividend of $1.00 per share, totaling approximately $53 million, to be paid on or about February 3, 2025, to stockholders of record as of January 24, 2025 [1] - The payment of the special dividend is contingent upon the closing of the company's previously announced offering of $425 million in senior secured second lien notes due 2032 [1] Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands such as Brundage-Bone Concrete Pumping, Camfaud Group Limited, and Eco-Pan [3] - The company operates approximately 90 locations across 22 states in the U.S. and 35 locations in the U.K. for concrete pumping services, along with 20 locations in the U.S. and one in the U.K. for route-based concrete waste management services [3] - The company's large fleet of specialized pumping equipment and trained operators enables it to deliver efficient concrete placement solutions, resulting in labor cost savings, reduced placement times, enhanced safety, and improved construction quality [3]

Bond Offering and Use of Proceeds - The company successfully upsized its private offering of senior secured second lien notes to $425 million, an increase of $25 million from the previously announced $400 million [6] - The notes will bear an annual interest rate of 7.500% and are expected to close on January 31, 2025 [6] - Net proceeds from the notes will be used to redeem all outstanding 6.000% senior secured second lien notes due 2026 and pay related fees [1] - The remaining net proceeds, along with cash on hand, will fund a special one-time dividend of $1.00 per share, totaling approximately $53 million [1] Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K. markets [2] - The company operates under established national brands: Brundage-Bone Concrete Pumping in the U.S., Camfaud Group in the U.K., and Eco-Pan for waste management in both regions [2] - As of October 31, 2024, the company has approximately 90 locations across 22 U.S. states, 35 locations in the U.K., and 20 waste management locations in the U.S. with one shared location in the U.K. [2] Regulatory and Offering Details - The notes have not been registered under the Securities Act of 1933 and may only be offered to qualified institutional buyers in the U.S. under Rule 144A or to non-U.S. persons under Regulation S [7] - The press release does not constitute an offer to sell or a solicitation of an offer to buy the notes, and any offer will be made only through a private offering memorandum [3]

Stock Performance - Concrete Pumping (BBCP) shares increased by 6.1% to $7.85 in the last trading session, driven by higher-than-average trading volume [1] - The stock has gained 1.8% over the past four weeks [1] - Waste Connections (WCN) shares rose 1.1% to $176.69 in the last trading session, but have declined 2.9% over the past month [3] Earnings and Revenue Expectations - Concrete Pumping is expected to report a quarterly loss of $0.06 per share, representing a year-over-year change of -200% [2] - Revenue for Concrete Pumping is expected to be $89.7 million, down 8.2% from the year-ago quarter [2] - Waste Connections' consensus EPS estimate for the upcoming report has changed -0.1% over the past month to $1.21, representing a year-over-year change of +9% [4] Industry and Peer Comparison - Concrete Pumping operates in the Zacks Waste Removal Services industry [3] - Waste Connections, another company in the same industry, currently has a Zacks Rank of 3 (Hold) [4] Market Sentiment and Trends - Concrete Pumping's stock performance is benefiting from the company's innovative network intelligence and security solutions, which are driving demand as businesses prioritize cybersecurity and efficient data management [1] - The consensus EPS estimate for Concrete Pumping has remained unchanged over the last 30 days, and the stock's price movement may be influenced by trends in earnings estimate revisions [3]

Core Insights - The article emphasizes the importance of a proven ranking system that focuses on earnings estimates and revisions to identify winning stocks [1] - Value investing is highlighted as a popular strategy for finding great stocks across various market conditions [2] - The Style Scores system is introduced, particularly the "Value" category, which helps investors identify stocks with strong value characteristics [3] Company Analysis: Concrete Pumping Holdings (BBCP) - Concrete Pumping Holdings (BBCP) has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong investment potential [4] - BBCP's Forward P/E ratio is 18.79, significantly lower than the industry's average of 25.61, suggesting it may be undervalued [4] - The stock's Forward P/E has fluctuated between 9.07 and 22.24 over the past year, with a median of 14.54 [4] - The P/S ratio for BBCP is 0.93, compared to the industry's average of 2.41, further indicating potential undervaluation [5] - BBCP's P/CF ratio stands at 4.63, well below the industry's average of 14.45, reinforcing its attractiveness as a value stock [6] - The P/CF ratio has ranged from 3.68 to 5.47 over the past year, with a median of 4.61 [6] - Overall, the financial metrics suggest that BBCP is likely undervalued, supported by a strong earnings outlook [7]

Core Points - Concrete Pumping Holdings, Inc. announced a private placement offering of $400 million in senior secured second lien notes due 2032 [1] - The proceeds from the notes will be used to redeem existing 6.000% senior secured second lien notes due 2026, cover related fees, and for general corporate purposes [1] Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands [3] - The company operates a large fleet of specialized pumping equipment and trained operators, facilitating labor cost savings, shorter placement times, enhanced safety, and improved construction quality [3] - As of October 31, 2024, the company provided services from approximately 90 locations across 22 states in the U.S., 35 locations in the U.K., and 20 locations for waste management in the U.S. and one in the U.K. [3]

Revenue Performance - Total revenue for the twelve months ended October 31, 2024, was $425.9 million, a decrease of 3.7% from $442.2 million in 2023[150]. - Revenue from the U.S. Concrete Pumping segment decreased by 8.4%, or $26.9 million, from $317.9 million in 2023 to $291.0 million in 2024[151]. - Revenue from the U.K. Operations segment increased by 2.2%, or $1.4 million, from $62.6 million in 2023 to $64.0 million in 2024[152]. - Revenue from U.S. Concrete Waste Management Services increased by 14.8%, or $9.1 million, from $61.8 million in 2023 to $70.9 million in 2024[153]. - The company's revenue for the year ended October 31, 2024, was $425.9 million, primarily from concrete pumping services[228]. - Revenue for the year ended October 31, 2024, was $425,872,000, a decrease of 3.1% from $442,241,000 in 2023[235]. - Service revenue decreased to $391,346,000 in 2024 from $411,247,000 in 2023, reflecting a decline of 4.8%[276]. Profitability Metrics - Gross profit for the year ended October 31, 2024, was $165.8 million, a decrease of 7.0% from $178.3 million in 2023[155]. - Gross margin decreased to 38.9% in 2024 from 40.3% in 2023, primarily due to decreased labor efficiencies and inflationary increases in insurance costs[155]. - Total net income for the company was $16.2 million for the fiscal year ended October 31, 2024, compared to $31.8 million in the previous year, reflecting a decrease of 10.0%[162]. - Net income for 2024 was $16,207,000, a decline of 49.1% compared to $31,790,000 in 2023[235]. - Adjusted EBITDA for the twelve months ended October 31, 2024, was $112.1 million, compared to $124.6 million in the previous year[192]. Expenses and Financial Costs - General and administrative expenses for 2024 were $116.5 million, a slight decrease from $116.9 million in 2023, with G&A as a percentage of revenue increasing to 27.4%[156]. - Interest expense for the year ended October 31, 2024, was $25.6 million, down $2.5 million from $28.1 million in 2023, attributed to a reduction in debt[158]. - The company incurred interest expense of $25,880,000 in 2024, a decrease from $28,131,000 in 2023[235]. Taxation - The effective tax rate increased from 21.6% in 2023 to 33.3% in 2024, driven by higher excess tax deficiencies and changes in UK corporate tax rates[160]. Cash Flow and Liquidity - As of October 31, 2024, the company had $43.0 million in cash and cash equivalents and $335.0 million available under the ABL Facility, totaling $378.0 million in liquidity[166]. - Net cash provided by operating activities for the twelve months ended October 31, 2024, was $86.9 million, down from $96.9 million in the previous year[181][182]. - Cash used in financing activities was $28.8 million for the twelve months ended October 31, 2024, which included $18.9 million in net payments under the ABL Facility[186]. - The company utilized $32.1 million for investing activities during the twelve months ended October 31, 2024, primarily for the purchase of property, plant, and equipment[183]. Segment Performance - For the fiscal year ended October 31, 2024, the U.S. Concrete Pumping segment reported a net loss of $2.3 million, a decrease from a net income of $6.4 million in the previous year, with Adjusted EBITDA down 18.0% to $67.4 million from $82.1 million[162]. - The U.K. Operations segment maintained a net income of $4.2 million for the fiscal year ended October 31, 2024, with Adjusted EBITDA increasing by 8.9% to $16.8 million from $15.4 million[163]. - The U.S. Concrete Waste Management Services segment's net income was $14.2 million for the fiscal year ended October 31, 2024, slightly down from $14.3 million, while Adjusted EBITDA rose 3.5% to $28.0 million from $27.1 million[164]. Capital Expenditures and Investments - The company’s gross capital expenditures for the fiscal years ended October 31, 2024, and 2023 were approximately $43.8 million and $54.5 million, respectively[172]. - The company plans to allocate capital for opportunistic M&A utilizing cash on the balance sheet and the revolving line of credit as part of its growth strategy[140]. Debt and Financing - The ABL Facility was amended on September 6, 2024, increasing maximum revolver borrowings from $225.0 million to $350.0 million and extending its maturity to September 6, 2029[177]. - As of October 31, 2024, the outstanding balance under the ABL Facility was approximately $20,000, with $335.0 million of available borrowing capacity[178]. - The company believes existing cash, cash flow from operations, and borrowing capacity will be sufficient to meet working capital and capital expenditure needs for at least the next 12 months[168]. Asset Management - Total current assets increased to $112,360,000 in 2024 from $94,270,000 in 2023, primarily driven by cash and cash equivalents rising to $43,041,000[233]. - Total liabilities decreased to $551,275,000 in 2024 from $571,285,000 in 2023, with total current liabilities significantly reduced from $83,976,000 to $56,331,000[233]. - Cash and cash equivalents at the end of the period increased to $43,041,000 from $15,861,000, marking a 171.5% increase[242]. Goodwill and Impairment - The company performed its annual impairment analysis on August 31, determining that goodwill and long-lived intangible assets were not impaired for fiscal 2024 and 2023[203]. - The U.S. Concrete Pumping segment recorded accumulated impairment losses of $38.5 million as of October 31, 2024[332]. - Goodwill balance as of October 31, 2024, is $222.996 million, reflecting an increase from $221.517 million in 2023, with accumulated impairment losses remaining at $52.9 million[332]. Lease Obligations - Operating lease expense for the year ended October 31, 2024, was $7.324 million, an increase from $6.522 million in 2023[334]. - Total lease payments for operating leases are projected to be $34.638 million over the next five years, with a long-term portion of $21.716 million as of October 31, 2024[336]. - The weighted average remaining lease term for operating leases is 7.6 years, while finance leases have a term of 2 years[335].