NASDAQ:ROAD Construction Partners (ROAD) Stock Forecast, Price & News $30.06 +1.72 (+6.07%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$28.82▼$30.0950-Day Range$24.36▼$30.0652-Week Range$18.89▼$32.98Volume186,282 shsAverage Volume135,385 shsMarket Capitalization$1.59 billionP/E Ratio73.32Dividend YieldN/APrice Target$32.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Construction Partners MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.3% Upside$32.25 Price TargetShort InterestHealthy1.90% of Shares Sold ShortDividend StrengthN/ASustainability-7.47Upright™ Environmental ScoreNews Sentiment0.64Based on 6 Articles This WeekInsider TradingSelling Shares$368,389 Sold Last QuarterProj. Earnings Growth35.71%From $0.70 to $0.95 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.2.00 out of 5 starsConstruction Sector65th out of 105 stocksHeavy Construction, Except Building Construction - Contractors Industry7th out of 10 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 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.25, Construction Partners has a forecasted upside of 7.3% from its current price of $30.06.Amount of Analyst CoverageConstruction Partners has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.90% 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 6.4.Change versus previous monthShort interest in Construction Partners has recently decreased by 0.99%, indicating that investor sentiment is improving. 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 2.6 News and Social Media Coverage News SentimentConstruction Partners has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Construction Partners this week, compared to 4 articles on an average week.Search Interest2 people have searched for ROAD on MarketBeat in the last 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 $368,389.00 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 Institutions75.88% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Construction Partners are expected to grow by 35.71% in the coming year, from $0.70 to $0.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Construction Partners is 73.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Construction Partners is 73.32, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 13.47.Price to Earnings Growth RatioConstruction Partners has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioConstruction Partners has a P/B Ratio of 3.50. 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. 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.Read More 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 Stock News HeadlinesJune 3, 2023 | finance.yahoo.comConstruction Partners, Inc. (NASDAQ:ROAD) Shares Could Be 49% Below Their Intrinsic Value EstimateJune 1, 2023 | msn.comConstruction of immersive entertainment venue Cosm to kick off at GrandscapeJune 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 28, 2023 | americanbankingnews.comBrokerages Set Construction Partners, Inc. (NASDAQ:ROAD) Target Price at $33.67May 26, 2023 | bizjournals.comSuffolk Construction embraces tech to remain on schedule and on budgetMay 19, 2023 | bizjournals.comMassive fire breaks out at construction site of Charlotte apartments being developed by Florida, Greensboro companiesMay 19, 2023 | bizjournals.comNC analysis of I-77 Mobility Partners' proposed $2B toll-lane plan to be finished by end of summerMay 12, 2023 | americanbankingnews.comInsider Selling: Construction Partners, Inc. (NASDAQ:ROAD) Director Sells 13,000 Shares of StockJune 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 12, 2023 | americanbankingnews.comDA Davidson Weighs in on Construction Partners, Inc.'s Q3 2023 Earnings (NASDAQ:ROAD)May 8, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Industrial Goods Stocks: Construction Partners (ROAD), American Axle (AXL)May 6, 2023 | finance.yahoo.comQ2 2023 Construction Partners Inc Earnings CallMay 5, 2023 | msn.comConstruction Partners: Q2 Earnings InsightsMay 5, 2023 | finance.yahoo.comConstruction Partners, Inc. Announces Fiscal 2023 Second Quarter ResultsMay 5, 2023 | americanbankingnews.comConstruction Partners, Inc. (NASDAQ:ROAD) Given Average Recommendation of "Buy" by BrokeragesMay 4, 2023 | msn.comEarnings Preview For Construction PartnersMay 3, 2023 | bizjournals.comReal estate roundup: News from Graham & Co., Hoar Construction, Capstone Building Corp. and Marcus & MillichapMay 3, 2023 | americanbankingnews.comConstruction Partners (ROAD) to Release Quarterly Earnings on FridayMay 1, 2023 | finance.yahoo.comConstruction Partners, Inc. Completes Alabama AcquisitionApril 29, 2023 | yahoo.comConstruction to begin on new medical plaza in metro PhoenixApril 28, 2023 | finance.yahoo.comConstruction Partners (NASDAQ:ROAD) Might Be Having Difficulty Using Its Capital EffectivelyApril 28, 2023 | americanbankingnews.comContrasting Construction Partners (NASDAQ:ROAD) and Southland (NASDAQ:SLND)April 27, 2023 | msn.comBaltimore Peninsula begins transformation from construction site to communityApril 25, 2023 | msn.comChina’s moon ambitions take shape with construction road map for research stationApril 24, 2023 | msn.comLiberia: German-Based Construction Company Introduces New Road TechnologyApril 22, 2023 | benzinga.comConstruction Partners Stock (NASDAQ:ROAD), DividendsApril 19, 2023 | bizjournals.comDevelopers start construction on West Valley site originally envisioned for industrial center 20 years agoSee More Headlines ROAD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ROAD Company Calendar Last Earnings5/05/2023Today6/03/2023Next Earnings (Estimated)8/04/2023Fiscal Year End9/30/2023Get 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$32.25 High Stock Price Forecast$36.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+7.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.41 Trailing P/E Ratio73.32 Forward P/E Ratio42.94 P/E Growth1.11Net Income$21.38 million Net Margins1.51% Pretax Margin2.00% Return on Equity4.83% Return on Assets1.98% Debt Debt-to-Equity Ratio0.90 Current Ratio1.80 Quick Ratio1.42 Sales & Book Value Annual Sales$1.30 billion Price / Sales1.22 Cash Flow$1.76 per share Price / Cash Flow17.05 Book Value$8.58 per share Price / Book3.50Miscellaneous Outstanding Shares52,750,000Free Float40,332,000Market Cap$1.59 billion OptionableNot Optionable Beta0.91 Key ExecutivesFred Julius SmithPresident, Chief Executive Officer & DirectorGregory HoffmanChief Financial OfficerMichael Brett ArmstrongSenior Vice PresidentRobert P. FlowersSenior Vice PresidentJohn L. HarperSenior Vice PresidentKey CompetitorsSterling InfrastructureNASDAQ:STRLGranite ConstructionNYSE:GVAGreat Lakes Dredge & DockNASDAQ:GLDDSouthlandNASDAQ:SLNDFluorNYSE:FLRView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 90,725 shares on 5/22/2023Ownership: 0.710%JPMorgan Chase & Co.Bought 7,957 shares on 5/18/2023Ownership: 0.178%New York State Common Retirement FundSold 7,500 shares on 5/18/2023Ownership: 0.040%State Street CorpBought 31,261 shares on 5/16/2023Ownership: 1.550%Susquehanna International Group LLPBought 16,679 shares on 5/16/2023Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions 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? ETFs with the largest weight of Construction Partners (NASDAQ:ROAD) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), iShares U.S. Infrastructure ETF (IFRA) and Invesco Raymond James SB-1 Equity ETF (RYJ).Global X U.S. Infrastructure Development ETF (PAVE), 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 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. 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