Financial Contrast: Veralto (NYSE:VLTO) and Concrete Pumping (NASDAQ:BBCP)

Concrete Pumping (NASDAQ:BBCP) and Veralto (NYSE:VLTO) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their dividends, institutional ownership, profitability, earnings, analyst recommendations, valuation and risk.

Risk and Volatility

Concrete Pumping has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Veralto has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.

Earnings & Valuation

This table compares Concrete Pumping and Veralto”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Concrete Pumping	$425.87 million	0.84	$16.21 million	$0.16	43.31
Veralto	$5.19 billion	4.80	$833.00 million	$3.65	27.50

Veralto has higher revenue and earnings than Concrete Pumping. Veralto is trading at a lower price-to-earnings ratio than Concrete Pumping, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

34.2% of Concrete Pumping shares are owned by institutional investors. Comparatively, 91.3% of Veralto shares are owned by institutional investors. 26.6% of Concrete Pumping shares are owned by insiders. Comparatively, 0.4% of Veralto shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Concrete Pumping and Veralto’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Concrete Pumping	2.65%	4.19%	1.30%
Veralto	16.75%	38.69%	13.80%

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Concrete Pumping and Veralto, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Concrete Pumping	0	3	1	0	2.25
Veralto	0	7	5	0	2.42

Concrete Pumping presently has a consensus price target of $7.50, suggesting a potential upside of 8.23%. Veralto has a consensus price target of $112.89, suggesting a potential upside of 12.48%. Given Veralto’s stronger consensus rating and higher probable upside, analysts clearly believe Veralto is more favorable than Concrete Pumping.

Summary

Veralto beats Concrete Pumping on 11 of the 14 factors compared between the two stocks.

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. It leases and rents concrete pumping equipment, pans, and containers. As of October 31, 2023, the company owned a fleet of approximately 930 boom pumps, 90 placing booms, 20 telebelts, 300 stationary pumps, and 115 waste management trucks. Concrete Pumping Holdings, Inc. was founded in 1983 and is headquartered in Thornton, Colorado.

About Veralto

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions. The PQI segment offers inline printing solutions for products and packaging with marking and coding systems; marking and coding for packaged goods and related consumables; design software and imaging systems for the creation of new packaging designs; color management solutions for printed packages and consumer and industrial products; color standard services for the design industry; and a software solution that provides digital asset management, marketing resource management, and product information management. This segment sells its products and services through the Videojet, Linx, Esko, X-Rite, and Pantone brands to regulated industries, including municipal utilities, food and beverage, pharmaceutical, and industrials. The company was formerly known as DH EAS Holding Corp. and changed its name to Veralto Corporation in February 2023. Veralto Corporation was incorporated in 2022 and is headquartered in Waltham, Massachusetts.