NASDAQ:ROAD Construction Partners (ROAD) Stock Forecast, Price & News $36.32 -0.24 (-0.66%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$35.46▼$36.7750-Day Range$28.58▼$36.5752-Week Range$24.12▼$37.13Volume478,558 shsAverage Volume296,051 shsMarket Capitalization$1.92 billionP/E Ratio61.56Dividend YieldN/APrice Target$36.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Construction Partners MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.9% Downside$36.00 Price TargetShort InterestHealthy1.15% of Shares Sold ShortDividend StrengthN/ASustainability-7.47Upright™ Environmental ScoreNews Sentiment0.42Based on 8 Articles This WeekInsider TradingSelling Shares$1.76 M Sold Last QuarterProj. Earnings Growth38.10%From $0.84 to $1.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsConstruction Sector57th out of 102 stocksHeavy Construction, Except Building Construction - Contractors Industry3rd out of 9 stocks 1.5 Analyst's Opinion Consensus RatingConstruction Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.00, Construction Partners has a forecasted downside of 0.9% from its current price of $36.32.Amount of Analyst CoverageConstruction Partners has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.15% of the outstanding shares of Construction Partners have been sold short.Short Interest Ratio / Days to CoverConstruction Partners has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Construction Partners has recently increased by 4.76%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldConstruction Partners does not currently pay a dividend.Dividend GrowthConstruction Partners does not have a long track record of dividend growth. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConstruction Partners has received a -62.30% net impact score from Upright. The largest negative impact of Construction Partners in category "GHG emissions" seems to be driven mostly by its "Construction of urban roads", "Construction of motorways", and "Construction of pedestrian walkways" products. See details.Environmental SustainabilityThe Environmental Impact score for Construction Partners is -7.47. Previous Next 2.5 News and Social Media Coverage News SentimentConstruction Partners has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Construction Partners this week, compared to 4 articles on an average week.Search Interest4 people have searched for ROAD on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Construction Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Construction Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,760,000.00 in company stock.Percentage Held by Insiders23.54% of the stock of Construction Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions77.19% of the stock of Construction Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Construction Partners are expected to grow by 38.10% in the coming year, from $0.84 to $1.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Construction Partners is 61.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Construction Partners is 61.56, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 14.76.Price to Earnings Growth RatioConstruction Partners has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioConstruction Partners has a P/B Ratio of 4.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Construction Partners (NASDAQ:ROAD) StockConstruction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. The company, through its subsidiaries, provides various products and services to public and private infrastructure projects, with a focus on 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; paving activities, including the construction of roadway base layers and application of asphalt pavement; 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 incorporated in 1999 and is headquartered in Dothan, Alabama.Read More ROAD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ROAD Stock News HeadlinesOctober 2, 2023 | finance.yahoo.comZacks Investment Ideas feature highlights: Textron, NXP Semiconductors and Construction PartnersOctober 1, 2023 | msn.com10 road closures that begin this week in MichiganOctober 3, 2023 | Porter and Company (Ad)Elon Bets Big On Controversial Energy Tech: "This Is Bigger Than AI"If this tech goes mainstream, it could destroy the oil and gas industry, the clean energy sector, and the billionaires who profit from it…September 30, 2023 | americanbankingnews.comConstruction Partners (NASDAQ:ROAD) Sets New 12-Month High at $36.96September 29, 2023 | msn.comUrban and Civic, the developers of the Southern Link Road, together with project partners held a public information and engagement event at the YMCASeptember 28, 2023 | markets.businessinsider.comDCHFA partners with Jubilee Housing on its third affordable housing investment in SeptemberSeptember 26, 2023 | finance.yahoo.comHere's Why Construction Partners (ROAD) is Soaring RecentlySeptember 23, 2023 | americanbankingnews.comSuntx Capital Management Corp. Sells 50,000 Shares of Construction Partners, Inc. (NASDAQ:ROAD) StockOctober 3, 2023 | Porter and Company (Ad)Elon Bets Big On Controversial Energy Tech: "This Is Bigger Than AI"If this tech goes mainstream, it could destroy the oil and gas industry, the clean energy sector, and the billionaires who profit from it…September 22, 2023 | msn.com‘Never going to end’: Businesses frustrated with Stony Plain Road constructionSeptember 22, 2023 | finance.yahoo.comSunTx Capital Management Corp. Reduces Stake in Construction Partners Inc.September 21, 2023 | msn.comINDOT to hold kickoff ceremony for pedestrian bridge near Bosse High SchoolSeptember 21, 2023 | msn.comTimeline for road construction meant to help with traffic flow for Eli Lilly Lebanon manufacturing sitesSeptember 20, 2023 | msn.comConstruction wraps up on Larimer County's behavioral health center: Here's when it opensSeptember 16, 2023 | msn.comNCDOT: Section of I-77 North closing temporarily for constructionSeptember 15, 2023 | msn.comHighway 70 five-lane construction wraps up with ceremonySeptember 14, 2023 | finance.yahoo.comBuilding Products Industry Looks Promising: 5 Stocks to BuySeptember 13, 2023 | benzinga.comThis Senator Just Sold Up To $500K In Construction Partners StockSeptember 8, 2023 | msn.comRoad closures that may create traffic hiccups this weekend in MichiganSeptember 7, 2023 | msn.com5 protesters chain themselves to construction equipment at Atlanta public safety training centerSeptember 7, 2023 | msn.comAre Construction Stocks Lagging Construction Partners (ROAD) This Year?September 7, 2023 | finance.yahoo.comAre Construction Stocks Lagging Construction Partners (ROAD) This Year?September 5, 2023 | finance.yahoo.comShould You Investigate Construction Partners, Inc. (NASDAQ:ROAD) At US$35.09?September 1, 2023 | businesswire.comHighline celebrates the completion of construction in the Thumb!August 31, 2023 | finance.yahoo.com3 Top Under-the-Radar Stocks to Buy in SeptemberAugust 30, 2023 | bizjournals.comGreensboro's Bell Partners pays nearly $80M for new Raleigh apartments in busy areaAugust 24, 2023 | msn.comConstruction Partners: A Road To ProfitsSee More Headlines 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. Email Address ROAD Company Calendar Last Earnings8/02/2023Today10/02/2023Next Earnings (Estimated)11/28/2023Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Heavy construction, except building construction - contractors Sub-IndustryN/A SectorConstruction Current SymbolNASDAQ:ROAD CUSIPN/A CIK1718227 Webwww.constructionpartners.net Phone(334) 673-9763FaxN/AEmployees3,790Year FoundedN/APrice Target and Rating Average Stock Price Forecast$36.00 High Stock Price Forecast$38.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside-0.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio61.56 Forward P/E Ratio43.24 P/E Growth0.9Net Income$21.38 million Net Margins2.11% Pretax Margin2.80% Return on Equity6.75% Return on Assets2.74% Debt Debt-to-Equity Ratio0.84 Current Ratio1.83 Quick Ratio1.47 Sales & Book Value Annual Sales$1.30 billion Price / Sales1.47 Cash Flow$1.65 per share Price / Cash Flow22.00 Book Value$8.68 per share Price / Book4.18Miscellaneous Outstanding Shares52,730,000Free Float40,315,000Market Cap$1.92 billion OptionableNot Optionable Beta0.89 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Ned Nelson Fleming III (Age 63)Exec. Chairman Mr. Fred Julius Smith III (Age 53)Pres, CEO & Director Comp: $1.18MMr. Michael Brett Armstrong (Age 61)Sr. VP Comp: $601.91kMr. Robert P. Flowers (Age 63)Sr. VP Comp: $597.16kMr. John L. Harper (Age 58)Sr. VP Comp: $732.33kMr. Gregory A. Hoffman (Age 58)Chief Financial Officer Mr. Todd K. Andrews (Age 60)Chief Accounting Officer Mr. Judson Ryan Brooks (Age 34)Sr. VP of Legal Mr. John A. Walker (Age 66)Sr. VP More ExecutivesKey CompetitorsSterling InfrastructureNASDAQ:STRLGranite ConstructionNYSE:GVAGreat Lakes Dredge & DockNASDAQ:GLDDFluorNYSE:FLRWinnebago IndustriesNYSE:WGOView All CompetitorsInsiders & InstitutionsSuntx Capital Management Corp.Sold 50,000 sharesTotal: $1.76 M ($35.20/share)Comerica BankBought 12,242 shares on 8/22/2023Ownership: 0.023%California State Teachers Retirement SystemSold 1,371 shares on 8/21/2023Ownership: 0.094%Osaic Holdings Inc.Bought 6,258 shares on 8/21/2023Ownership: 0.052%Legato Capital Management LLCBought 8,320 shares on 8/18/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions ROAD Stock - Frequently Asked Questions Should I buy or sell Construction Partners stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last twelve months. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research 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? 3 equities research analysts have issued twelve-month target prices for Construction Partners' stock. Their ROAD share price forecasts range from $34.00 to $38.00. On average, they anticipate the company's share price to reach $36.00 in the next year. This suggests that the stock has a possible downside of 0.9%. 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 shares have increased by 36.1% and is now trading at $36.32. 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 Tuesday, November 28th 2023. View our ROAD earnings forecast. How were Construction Partners' earnings last quarter? Construction Partners, Inc. (NASDAQ:ROAD) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.09. The firm earned $421.90 million during the quarter, compared to analyst estimates of $430.77 million. Construction Partners had a net margin of 2.11% and a trailing twelve-month return on equity of 6.75%. The company's revenue for the quarter was up 10.9% on a year-over-year basis. During the same period last year, the business posted $0.23 EPS. What ETF holds Construction Partners' stock ? First Trust RBA American Industrial Renaissance ETF holds 388,850 shares of ROAD stock, representing 2.85% of its portfolio. What guidance has Construction Partners issued on next quarter's earnings? Construction Partners issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.53 billion-$1.55 billion, compared to the consensus revenue estimate of $1.56 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), RTX (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." 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 $36.32. How much money does Construction Partners make? Construction Partners (NASDAQ:ROAD) has a market capitalization of $1.92 billion and generates $1.30 billion in revenue each year. The company earns $21.38 million in net income (profit) each year or $0.59 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 10/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Construction Partners, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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