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NASDAQ:ROAD

Construction Partners (ROAD) Stock Price, News & Analysis

$62.75
+3.62 (+6.12%)
(As of 07/26/2024 ET)
Today's Range
$60.71
$63.09
50-Day Range
$53.22
$63.40
52-Week Range
$28.16
$63.97
Volume
294,614 shs
Average Volume
354,363 shs
Market Capitalization
$3.31 billion
P/E Ratio
53.63
Dividend Yield
N/A
Price Target
$54.00

Construction Partners MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
13.9% Downside
$54.00 Price Target
Short Interest
Bearish
4.23% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-7.47
Upright™ Environmental Score
News Sentiment
0.31mentions of Construction Partners in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.57%
From $1.40 to $1.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.74 out of 5 stars

Construction Sector

64th out of 101 stocks

Heavy Construction, Except Building Construction - Contractors Industry

5th out of 10 stocks

ROAD stock logo

About Construction Partners Stock (NASDAQ:ROAD)

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. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; and paving activities, including the construction of roadway base layers and application of asphalt pavement. In addition, the company is involved in site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel, and construction stones that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was founded in 2007 and is headquartered in Dothan, Alabama.

ROAD Stock Price History

ROAD Stock News Headlines

CDOT breaks ground on Airport Road interchange
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Nvidia insiders dumping shares
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
See More Headlines
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Company Calendar

Last Earnings
5/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/09/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction
Current Symbol
NASDAQ:ROAD
Fax
N/A
Employees
4,014
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$54.00
High Stock Price Target
$60.00
Low Stock Price Target
$45.00
Potential Upside/Downside
-13.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$49 million
Pretax Margin
4.89%

Debt

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$2.54 per share
Book Value
$9.80 per share

Miscellaneous

Free Float
42,801,000
Market Cap
$3.31 billion
Optionable
Optionable
Beta
0.66
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ROAD Stock Analysis - Frequently Asked Questions

How have ROAD shares performed this year?

Construction Partners' stock was trading at $43.52 at the beginning of the year. Since then, ROAD shares have increased by 44.2% and is now trading at $62.75.
View the best growth stocks for 2024 here
.

How were Construction Partners' earnings last quarter?

Construction Partners, Inc. (NASDAQ:ROAD) issued its quarterly earnings data on Friday, May, 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.05. The company's revenue for the quarter was up 14.3% on a year-over-year basis.

When did Construction Partners IPO?

Construction Partners (ROAD) raised $181 million in an IPO on Friday, May 4th 2018. The company issued 11,300,000 shares at $15.00-$17.00 per share. Baird, Raymond James and Stephens served as the underwriters for the IPO and Imperial Capital and D.A. Davidson were co-managers.

Who are Construction Partners' major shareholders?

Top institutional shareholders of Construction Partners include Conestoga Capital Advisors LLC (7.85%), Bank of New York Mellon Corp (0.78%), Raymond James & Associates (0.63%) and Allspring Global Investments Holdings LLC (0.27%). Insiders that own company stock include Suntx Capital Management Corp, John L Harper, Suntx Capital Ii Management Co, Craig Jennings, Stefan L Shaffer and Noreen E Skelly.
View institutional ownership trends
.

How do I buy shares of Construction Partners?

Shares of ROAD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Construction Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Construction Partners investors own include Alibaba Group (BABA), Intel (INTC), General Electric (GE), AbbVie (ABBV), CVS Health (CVS), RTX (RTX) and Verizon Communications (VZ).

This page (NASDAQ:ROAD) was last updated on 7/27/2024 by MarketBeat.com Staff

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