Brokers Set Expectations for ROAD Q3 Earnings

Construction Partners, Inc. (NASDAQ:ROAD - Free Report) - Investment analysts at DA Davidson issued their Q3 2025 earnings estimates for shares of Construction Partners in a research report issued on Monday, May 12th. DA Davidson analyst B. Thielman anticipates that the company will post earnings of $0.88 per share for the quarter. DA Davidson has a "Neutral" rating and a $95.00 price objective on the stock. The consensus estimate for Construction Partners' current full-year earnings is $1.96 per share. DA Davidson also issued estimates for Construction Partners' FY2026 earnings at $2.58 EPS.

Construction Partners (NASDAQ:ROAD - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.12. Construction Partners had a net margin of 2.82% and a return on equity of 11.94%. The firm had revenue of $571.65 million during the quarter, compared to analysts' expectations of $559.61 million. During the same period last year, the firm posted ($0.02) earnings per share. The firm's revenue for the quarter was up 53.9% compared to the same quarter last year.

Several other research analysts also recently commented on ROAD. Robert W. Baird lifted their target price on shares of Construction Partners from $100.00 to $102.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Raymond James decreased their price target on shares of Construction Partners from $104.00 to $100.00 and set a "strong-buy" rating on the stock in a research report on Tuesday, April 29th.

Construction Partners Stock Up 2.1%

ROAD stock traded up $2.10 during midday trading on Tuesday, reaching $101.14. The company had a trading volume of 630,100 shares, compared to its average volume of 445,802. The company has a market capitalization of $5.65 billion, a P/E ratio of 94.52, a PEG ratio of 0.99 and a beta of 0.87. The company has a 50 day moving average of $80.27 and a two-hundred day moving average of $84.48. The company has a current ratio of 1.54, a quick ratio of 1.23 and a debt-to-equity ratio of 1.46. Construction Partners has a 1 year low of $51.63 and a 1 year high of $104.53.

Insider Activity

In related news, SVP John L. Harper sold 6,000 shares of Construction Partners stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $73.83, for a total transaction of $442,980.00. Following the completion of the transaction, the senior vice president now directly owns 159,389 shares of the company's stock, valued at $11,767,689.87. This trade represents a 3.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Fred Julius Smith III purchased 9,333 shares of the business's stock in a transaction that occurred on Monday, April 14th. The shares were purchased at an average cost of $73.83 per share, with a total value of $689,055.39. Following the completion of the acquisition, the chief executive officer now directly owns 9,333 shares in the company, valued at $689,055.39. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 16.36% of the stock is owned by company insiders.

Hedge Funds Weigh In On Construction Partners

Several institutional investors have recently added to or reduced their stakes in the company. Zimmer Partners LP bought a new position in Construction Partners during the 1st quarter valued at about $10,062,000. Petrus Trust Company LTA lifted its holdings in Construction Partners by 59.4% during the 1st quarter. Petrus Trust Company LTA now owns 6,137 shares of the company's stock valued at $441,000 after purchasing an additional 2,288 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Construction Partners by 14.4% in the first quarter. AQR Capital Management LLC now owns 10,333 shares of the company's stock worth $743,000 after acquiring an additional 1,302 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Construction Partners by 2.9% in the first quarter. Advisors Asset Management Inc. now owns 74,690 shares of the company's stock worth $5,368,000 after acquiring an additional 2,135 shares during the last quarter. Finally, PDT Partners LLC bought a new position in shares of Construction Partners in the first quarter worth about $1,452,000. 94.83% of the stock is owned by institutional investors.

About Construction Partners

Construction Partners, Inc, a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments.