S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
Is This The End Of Your Retirement? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
Is This The End Of Your Retirement? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
Is This The End Of Your Retirement? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Twitter executive responsible for content safety resigns after Elon Musk criticism
Is This The End Of Your Retirement? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
NASDAQ:ROAD

Construction Partners (ROAD) Stock Forecast, Price & News

$30.06
+1.72 (+6.07%)
(As of 06/2/2023 ET)
Compare
Today's Range
$28.82
$30.09
50-Day Range
$24.36
$30.06
52-Week Range
$18.89
$32.98
Volume
186,282 shs
Average Volume
135,385 shs
Market Capitalization
$1.59 billion
P/E Ratio
73.32
Dividend Yield
N/A
Price Target
$32.25

Construction Partners MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.3% Upside
$32.25 Price Target
Short Interest
Healthy
1.90% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-7.47
Upright™ Environmental Score
News Sentiment
0.64mentions of Construction Partners in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$368,389 Sold Last Quarter
Proj. Earnings Growth
35.71%
From $0.70 to $0.95 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.00 out of 5 stars

Construction Sector

65th out of 105 stocks

Heavy Construction, Except Building Construction - Contractors Industry

7th out of 10 stocks


ROAD stock logo

About Construction Partners (NASDAQ:ROAD) Stock

Construction Partners, Inc. is a civil infrastructure company, which engages in construction and maintenance of roadways and highways. The firm is also involved in the provision of products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. The company was founded by Ned N. Fleming, III, R. Alan Palmer, and Charles E. Owens in 1999 and is headquartered in Dothan, AL.

Receive ROAD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Construction Partners and its competitors with MarketBeat's FREE daily newsletter.

ROAD Stock News Headlines

15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Q2 2023 Construction Partners Inc Earnings Call
See More Headlines

ROAD Price History

ROAD Company Calendar

Last Earnings
5/05/2023
Today
6/03/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
N/A
Current Symbol
NASDAQ:ROAD
Fax
N/A
Employees
3,790
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$32.25
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+7.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$21.38 million
Pretax Margin
2.00%

Debt

Sales & Book Value

Annual Sales
$1.30 billion
Cash Flow
$1.76 per share
Book Value
$8.58 per share

Miscellaneous

Free Float
40,332,000
Market Cap
$1.59 billion
Optionable
Not Optionable
Beta
0.91

Key Executives

  • Fred Julius Smith
    President, Chief Executive Officer & Director
  • Gregory Hoffman
    Chief Financial Officer
  • Michael Brett Armstrong
    Senior Vice President
  • Robert P. Flowers
    Senior Vice President
  • John L. HarperJohn L. Harper
    Senior Vice President













ROAD Stock - Frequently Asked Questions

Should I buy or sell Construction Partners stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last twelve months. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ROAD shares.
View ROAD analyst ratings
or view top-rated stocks.

What is Construction Partners' stock price forecast for 2023?

4 brokerages have issued 12-month price targets for Construction Partners' shares. Their ROAD share price forecasts range from $28.00 to $36.00. On average, they anticipate the company's share price to reach $32.25 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for ROAD
or view top-rated stocks among Wall Street analysts.

How have ROAD shares performed in 2023?

Construction Partners' stock was trading at $26.69 at the start of the year. Since then, ROAD stock has increased by 12.6% and is now trading at $30.06.
View the best growth stocks for 2023 here
.

When is Construction Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our ROAD earnings forecast
.

How were Construction Partners' earnings last quarter?

Construction Partners, Inc. (NASDAQ:ROAD) issued its quarterly earnings results on Friday, May, 5th. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.07. The company earned $324.90 million during the quarter, compared to the consensus estimate of $282.10 million. Construction Partners had a net margin of 1.51% and a trailing twelve-month return on equity of 4.83%. Construction Partners's revenue was up 33.5% on a year-over-year basis. During the same period in the prior year, the business earned ($0.18) EPS.

What ETFs hold Construction Partners' stock?
What guidance has Construction Partners issued on next quarter's earnings?

Construction Partners updated its FY 2023 earnings guidance on Sunday, May, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.53 billion-$1.58 billion, compared to the consensus revenue estimate of $1.53 billion.

What other stocks do shareholders of Construction Partners own?

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

When did Construction Partners IPO?

(ROAD) raised $181 million in an initial public offering (IPO) on Friday, May 4th 2018. The company issued 11,300,000 shares at a price of $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.

What is Construction Partners' stock symbol?

Construction Partners trades on the NASDAQ under the ticker symbol "ROAD."

Who are Construction Partners' major shareholders?

Construction Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (9.95%), Kayne Anderson Rudnick Investment Management LLC (8.09%), BlackRock Inc. (5.57%), Wasatch Advisors LP (3.49%), American Century Companies Inc. (2.06%) and Bank of America Corp DE (1.66%). Insiders that own company stock include Charles E Owens, John L Harper, Noreen E Skelly, Stefan L Shaffer, Suntx Capital Management Corp and Todd Keith Andrews.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Construction Partners' stock price today?

One share of ROAD stock can currently be purchased for approximately $30.06.

How much money does Construction Partners make?

Construction Partners (NASDAQ:ROAD) has a market capitalization of $1.59 billion and generates $1.30 billion in revenue each year. The company earns $21.38 million in net income (profit) each year or $0.41 on an earnings per share basis.

How many employees does Construction Partners have?

The company employs 3,790 workers across the globe.

How can I contact Construction Partners?

Construction Partners' mailing address is 290 HEALTHWEST DR. SUITE 2, DOTHAN AL, 36303. The official website for the company is www.constructionpartners.net. The company can be reached via phone at (334) 673-9763 or via email at road@dennardlascar.com.

This page (NASDAQ:ROAD) was last updated on 6/4/2023 by MarketBeat.com Staff

My Account -