Log in

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

$17.17
+0.06 (+0.35 %)
(As of 12/13/2019 06:42 AM ET)
Today's Range
$16.70
Now: $17.17
$17.26
50-Day Range
$16.61
MA: $18.34
$20.47
52-Week Range
$7.70
Now: $17.17
$20.79
Volume306,693 shs
Average Volume310,442 shs
Market Capitalization$889.06 million
P/E Ratio20.44
Dividend YieldN/A
Beta1.95
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$783.24 million
Cash Flow$1.29 per share
Book Value$5.85 per share

Profitability

Net Income$50.79 million

Miscellaneous

Employees572
Market Cap$889.06 million
Next Earnings Date2/10/2020 (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) announced its earnings results on Tuesday, December, 10th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The business had revenue of $237.30 million for the quarter, compared to analyst estimates of $250.47 million. Construction Partners had a return on equity of 13.77% and a net margin of 5.51%. The business's revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.29 EPS. View Construction Partners' Earnings History.

When is Construction Partners' next earnings date?

Construction Partners is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Construction Partners.

What price target have analysts set for ROAD?

5 brokers have issued 12-month price objectives for Construction Partners' stock. Their forecasts range from $16.50 to $20.00. On average, they anticipate Construction Partners' share price to reach $18.75 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets for Construction Partners.

What is the consensus analysts' recommendation for Construction Partners?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last year. There are currently 4 buy ratings and 1 strong buy rating 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. " (11/5/2019)
  • 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 trended somewhat positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Construction Partners earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Construction Partners.

Are investors shorting Construction Partners?

Construction Partners saw a increase in short interest in November. As of November 29th, there was short interest totalling 702,700 shares, an increase of 21.5% from the November 14th total of 578,400 shares. Based on an average daily trading volume, of 299,900 shares, the days-to-cover ratio is currently 2.3 days. Approximately 3.8% of the shares of the company 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 Alibaba Group (BABA), NVIDIA (NVDA), General Electric (GE), Home Depot (HD), QUALCOMM (QCOM), CVS Health (CVS), Procter & Gamble (PG), Walmart (WMT), Aerojet Rocketdyne (AJRD) and Raytheon (RTN).

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 (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?

Construction Partners' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (4.06%), Massachusetts Financial Services Co. MA (2.53%), Summit Creek Advisors LLC (1.54%), State Street Corp (0.43%), Tygh Capital Management Inc. (0.37%) and Russell Investments Group Ltd. (0.36%). Company insiders that own Construction Partners stock include Cpi Expansion Fund Gp L Suntx, John L Harper, Ned N Fleming III and Royce Alan Palmer. View Institutional Ownership Trends for Construction Partners.

Which major investors are selling Construction Partners stock?

ROAD stock was sold by a variety of institutional investors in the last quarter, including Tygh Capital Management Inc., Millennium Management LLC, Monarch Partners Asset Management LLC, Russell Investments Group Ltd. and Barclays PLC. View Insider Buying and Selling for Construction Partners.

Which major investors are buying Construction Partners stock?

ROAD stock was bought by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Cadence Capital Management LLC, Summit Creek Advisors LLC, State Street Corp, First Trust Advisors LP, Comerica Bank, Massachusetts Financial Services Co. MA and Rhumbline Advisers. 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, Robinhood, Fidelity and Charles Schwab.

What is Construction Partners' stock price today?

One share of ROAD stock can currently be purchased for approximately $17.17.

How big of a company is Construction Partners?

Construction Partners has a market capitalization of $889.06 million and generates $783.24 million in revenue each year. The company earns $50.79 million in net income (profit) each year or $0.84 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:  2.4 out of 5 (star star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  248
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 12/13/2019 by MarketBeat.com Staff

Featured Article: Market Indexes

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