Construction Partners Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Construction Partners stock.
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Wall Street analysts have given Construction Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Construction Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Construction Partners is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
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Construction Partners will be holding an earnings conference call on Friday, August 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13720630#".

Construction Partners, Inc. (NASDAQ:ROAD) posted its quarterly earnings data on Friday, May, 7th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.14. The firm earned $179.40 million during the quarter, compared to the consensus estimate of $204.24 million. Construction Partners had a trailing twelve-month return on equity of 10.20% and a net margin of 4.46%. Construction Partners's revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.03 earnings per share.
View Construction Partners' earnings history.

Construction Partners' stock was trading at $14.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ROAD shares have increased by 136.1% and is now trading at $33.58.
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Construction Partners issued an update on its FY 2021 earnings guidance on Friday, May, 28th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $950 M-$1 billion, compared to the consensus revenue estimate of $968.40 million.

5 analysts have issued twelve-month price targets for Construction Partners' stock. Their forecasts range from $20.00 to $35.00. On average, they expect Construction Partners' stock price to reach $25.40 in the next twelve months. This suggests that the stock has a possible downside of 24.4%.
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Some companies that are related to Construction Partners include KBR (KBR), Fluor (FLR), Granite Construction (GVA), Great Lakes Dredge & Dock (GLDD), Sterling Construction (STRL), Aenza S.A.A. (AENZ), Orion Group (ORN), Williams Industrial Services Group (WLMS), Empresas ICA (ICAYY) and Hitachi (HTHIY).
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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).

(ROAD) raised $181 million in an initial public offering 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 acted as the underwriters for the IPO and Imperial Capital and D.A. Davidson were co-managers.

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

Construction Partners' stock is owned by many different retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (10.06%), Oak Ridge Investments LLC (0.39%), Rice Hall James & Associates LLC (0.12%), Landsberg Bennett & Dubbaneh LLC (0.11%), DAVENPORT & Co LLC (0.04%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.04%). Company insiders that own Construction Partners stock include Charles E Owens, Cpi Expansion Fund Gp L Suntx, John L Harper, Robert P Flowers, Royce Alan Palmer, Suntx Capital Management Corp and Todd Keith Andrews.
View institutional ownership trends for Construction Partners.

ROAD stock was sold by a variety of institutional investors in the last quarter, including Oak Ridge Investments LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, Rice Hall James & Associates LLC, and Cutler Group LP. Company insiders that have sold Construction Partners company stock in the last year include Charles E Owens, John L Harper, Suntx Capital Management Corp, and Todd Keith Andrews.
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ROAD stock was acquired by a variety of institutional investors in the last quarter, including Landsberg Bennett & Dubbaneh LLC, DAVENPORT & Co LLC, Alliancebernstein L.P., Conestoga Capital Advisors LLC, Raymond James Trust N.A., Advisors Asset Management Inc., and Clear Street Markets LLC.
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Shares of ROAD 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.
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One share of ROAD stock can currently be purchased for approximately $33.58.

Construction Partners has a market capitalization of $1.76 billion and generates $785.68 million in revenue each year. The company earns $40.30 million in net income (profit) each year or $0.78 on an earnings per share basis.

Construction Partners employs 2,289 workers across the globe.

The official website for Construction Partners is www.constructionpartners.net.

Construction Partners is headquartered at 290 HEALTHWEST DR. SUITE 2, DOTHAN AL, 36303.

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]