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

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$12.02 +0.07 (+0.59 %)
(As of 03/20/2019 01:42 PM ET)
Previous Close$11.95
Today's Range$11.95 - $12.50
52-Week Range$7.70 - $14.06
Volume18,996 shs
Average Volume56,576 shs
Market Capitalization$615.06 million
P/E Ratio13.98
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. It serves customers primarily in Alabama, Florida, Georgia, North Carolina, and South Carolina. 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 founded in 2001 and is headquartered in Dothan, Alabama.

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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$1.2693 per share
Book Value$5.85 per share

Profitability

Net Income$50.79 million

Miscellaneous

EmployeesN/A
Market Cap$615.06 million
Next Earnings Date6/3/2019 (Estimated)
OptionableNot Optionable

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) posted its earnings results on Monday, February, 11th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.04. The business had revenue of $154.33 million for the quarter, compared to analyst estimates of $170.23 million. Construction Partners had a net margin of 6.57% and a return on equity of 12.92%. 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, June 3rd 2019. View Earnings Estimates for Construction Partners.

What guidance has Construction Partners issued on next quarter's earnings?

Construction Partners issued an update on its FY 2019 earnings guidance on Monday, March, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $760-810 million, compared to the consensus revenue estimate of $777.85 million.

What price target have analysts set for ROAD?

5 Wall Street analysts have issued 1 year price objectives for Construction Partners' stock. Their forecasts range from $14.00 to $15.00. On average, they expect Construction Partners' stock price to reach $14.60 in the next twelve months. This suggests a possible upside of 21.4% 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 5 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. 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)
  • 2. 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. " (2/13/2019)

Has Construction Partners been receiving favorable news coverage?

News articles about ROAD stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing 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 news impact score of 1.7 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future.

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), Advanced Micro Devices (AMD), NVIDIA (NVDA), Iovance Biotherapeutics (IOVA), New Age Beverages (NBEV), Micron Technology (MU), Ford Motor (F) and Alibaba Group (BABA).

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. Tommy Crenshaw, Chief Information officer

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.

Who are Construction Partners' major shareholders?

Construction Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (1.89%), Bank of New York Mellon Corp (1.84%), Summit Creek Advisors LLC (1.10%), Royce & Associates LP (0.82%), Penn Capital Management Co. Inc. (0.70%) and Tygh Capital Management Inc. (0.55%). 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 major investors are selling Construction Partners stock?

ROAD stock was sold by a variety of institutional investors in the last quarter, including BOKF NA, Bank of America Corp DE, Raymond James & Associates and Northern Trust Corp. 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 Bank of New York Mellon Corp, Royce & Associates LP, Massachusetts Financial Services Co. MA, Tygh Capital Management Inc., Anchor Capital Advisors LLC, Stephens Inc. AR, Penn Capital Management Co. Inc. and Summit Creek Advisors LLC. 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 $12.03.

How big of a company is Construction Partners?

Construction Partners has a market capitalization of $615.58 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  53 (Vote Underperform)
Total Votes:  112
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 3/20/2019 by MarketBeat.com Staff

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