NASDAQ:ROAD - Construction Partners Stock Price, News, & Analysis

$13.79
+0.04 (+0.29 %)
(As of 06/20/2019 04:00 PM ET)
Today's Range
$13.79
Now: $13.79
$14.06
50-Day Range
$11.50
MA: $13.24
$14.31
52-Week Range
$7.70
Now: $13.79
$14.98
Volume2,374 shs
Average Volume158,592 shs
Market Capitalization$708.94 million
P/E Ratio16.03
Dividend YieldN/A
BetaN/A
Construction Partners, Inc, an infrastructure and road construction company, provides construction products and services to public and private sectors. It offers construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides a range of sitework construction services, including site development, paving, and utility and drainage systems construction, as well as supplies hot mix asphalt required for the projects. Read More…

Industry, Sector and Symbol

Industry Heavy construction, except building construction - contractors
Sub-IndustryN/A
SectorConstruction
Current SymbolNASDAQ:ROAD
CUSIPN/A
Phone334-673-9763

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$680.10 million
Cash Flow$1.2745 per share
Book Value$5.85 per share

Profitability

Net Income$50.79 million

Miscellaneous

Employees572
Market Cap$708.94 million
Next Earnings Date8/8/2019 (Estimated)
OptionableNot Optionable

Receive ROAD News and Ratings via Email

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

Construction Partners (NASDAQ:ROAD) Frequently Asked Questions

What is Construction Partners' stock symbol?

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

How were Construction Partners' earnings last quarter?

Construction Partners Inc (NASDAQ:ROAD) issued its earnings results on Thursday, May, 9th. The company reported $0.08 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.03. The firm had revenue of $164.30 million for the quarter, compared to analysts' expectations of $145.80 million. Construction Partners had a net margin of 5.20% and a return on equity of 12.67%. The firm's revenue was up 38.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 earnings per share. View Construction Partners' Earnings History.

When is Construction Partners' next earnings date?

Construction Partners is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Construction Partners.

What price target have analysts set for ROAD?

3 analysts have issued 12 month price objectives for Construction Partners' shares. Their predictions range from $14.00 to $15.50. On average, they expect Construction Partners' stock price to reach $14.8333 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for Construction Partners.

What is the consensus analysts' recommendation for Construction Partners?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Construction Partners.

What are Wall Street analysts saying about Construction Partners stock?

Here are some recent quotes from research analysts about Construction Partners stock:
  • 1. According to Zacks Investment Research, "Construction Partners Inc. is an infrastructure and road construction company. It provides construction products and services to public and private sectors. The company's services include construction of highways, roads, bridges, airports and commercial and residential sites. Construction Partners Inc. is based in Alabama, United States. " (5/15/2019)
  • 2. Imperial Capital analysts commented, "We are maintaining our Outperform rating and our one-year price target of $14 on ROAD shares, about 26% above the recent share price. We continue to believe ROAD is likely to generate strong revenue and earnings growth through at least FY20 due to: 1) ROAD’s competitive advantages, including its vertically integrated operations, scale, and strong position in hot mix asphalt (HMA) production; 2) an extensive $575mn backlog; 3) strong growth potential both organically and through its aggressive acquisition strategy; 4) further operational improvements; and 5) healthy returns on capital vs. its peers, which we believe are sustainable. Rationale In its earnings release on 2/11/18, ROAD reported lower than expected 1Q19 results due to weather disruptions while maintaining FY19 guidance." (2/14/2019)

Has Construction Partners been receiving favorable news coverage?

Media stories about ROAD stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Construction Partners earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Construction Partners.

Are investors shorting Construction Partners?

Construction Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 430,600 shares, an increase of 24.0% from the April 15th total of 347,200 shares. Based on an average daily volume of 74,700 shares, the short-interest ratio is presently 5.8 days. Currently, 3.7% of the company's stock are short sold. View Construction Partners' Current Options Chain.

Who are some of Construction Partners' key competitors?

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 General Electric (GE), Aerojet Rocketdyne (AJRD), Vereit (VER), Ford Motor (F), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Iovance Biotherapeutics (IOVA), New Age Beverages (NBEV) and Viking Therapeutics (VKTX).

Who are Construction Partners' key executives?

Construction Partners' management team includes the folowing people:
  • Mr. Ned Nelson Fleming III, Exec. Chairman (Age 59)
  • Mr. Charles E. Owens, Pres, CEO & Director (Age 68)
  • Mr. R. Alan Palmer, Exec. VP & CFO (Age 67)
  • Mr. F. Julius Smith III, Sr. VP (Age 49)
  • Mr. Todd K. Andrews, Chief Accounting Officer (Age 56)

When did Construction Partners IPO?

(ROAD) raised $181 million in an initial public offering 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?

Construction Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wasatch Advisors Inc. (2.20%), Summit Creek Advisors LLC (1.32%), Royce & Associates LP (1.30%), Kennedy Capital Management Inc. (0.99%), Penn Capital Management Co. Inc. (0.73%) and Stephens Inc. AR (0.22%). Company insiders that own Construction Partners stock include John L Harper, Ned N Fleming III and Royce Alan Palmer. View Institutional Ownership Trends for Construction Partners.

Which institutional investors are selling Construction Partners stock?

ROAD stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Marshall Wace LLP, Stephens Inc. AR and Mesirow Financial Investment Management Inc.. View Insider Buying and Selling for Construction Partners.

Which institutional investors are buying Construction Partners stock?

ROAD stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Wasatch Advisors Inc., Summit Creek Advisors LLC, Conestoga Capital Advisors LLC, Penn Capital Management Co. Inc., Bailard Inc., Raymond James Financial Services Advisors Inc. and Kennedy Capital Management Inc.. Company insiders that have bought Construction Partners stock in the last two years include John L Harper, Ned N Fleming III and Royce Alan Palmer. View Insider Buying and Selling for Construction Partners.

How do I buy shares of Construction Partners?

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

What is Construction Partners' stock price today?

One share of ROAD stock can currently be purchased for approximately $13.79.

How big of a company is Construction Partners?

Construction Partners has a market capitalization of $708.94 million and generates $680.10 million in revenue each year. The company earns $50.79 million in net income (profit) each year or $0.86 on an earnings per share basis. Construction Partners employs 572 workers across the globe.View Additional Information About Construction Partners.

What is Construction Partners' official website?

The official website for Construction Partners is http://www.constructionpartners.net/.

How can I contact Construction Partners?

Construction Partners' mailing address is 290 HEALTHWEST DR. SUITE 2, DOTHAN AL, 36303. The company can be reached via phone at 334-673-9763 or via email at [email protected]


MarketBeat Community Rating for Construction Partners (NASDAQ ROAD)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  73 (Thanks for Voting!)
Underperform Votes:  72 (Thanks for Voting!)
Total Votes:  145
MarketBeat's community ratings are surveys of what our community members think about Construction Partners and other stocks. Vote "Outperform" if you believe ROAD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ROAD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2019 by MarketBeat.com Staff

Featured Article: Outperform Rating

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel