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

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

Construction Partners Inc (NASDAQ:ROAD) posted its quarterly earnings results on Tuesday, December, 10th. The company reported $0.32 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 the consensus estimate of $250.47 million. Construction Partners had a return on equity of 13.44% and a net margin of 5.51%. The company's revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.29 EPS. View Construction Partners' Earnings History.

Construction Partners is scheduled to release their next quarterly earnings announcement on Friday, February 7th 2020. View Earnings Estimates for Construction Partners.

Construction Partners will be holding an earnings conference call on Friday, February 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 Wall Street analysts have issued 12 month target prices for Construction Partners' stock. Their forecasts range from $16.50 to $20.00. On average, they expect Construction Partners' stock price to reach $18.75 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price. View Analyst Price Targets 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.

Headlines about ROAD stock have been trending extremely negative on Sunday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -4.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Construction Partners.

Construction Partners saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,430,000 shares, an increase of 41.6% from the December 15th total of 1,010,000 shares. Based on an average trading volume of 245,400 shares, the days-to-cover ratio is presently 5.8 days. Currently, 7.7% of the shares of the company are short sold. View Construction Partners' Current Options Chain.

Some companies that are related to Construction Partners include Fluor Co. (NEW) (FLR), Granite Construction (GVA), Great Lakes Dredge & Dock (GLDD), Grana y Montero SAA (GRAM), Sterling Construction (STRL), Orion Group (ORN), Williams Industrial Services Group (WLMS) and Empresas ICA SAB de CV (ICAYY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Construction Partners investors own include Alibaba Group (BABA), General Electric (GE), NVIDIA (NVDA), Verizon Communications (VZ), Broadcom (AVGO), QUALCOMM (QCOM), CVS Health (CVS), Home Depot (HD), Procter & Gamble (PG) and Advanced Micro Devices (AMD).

(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.

Construction Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (4.13%), Summit Creek Advisors LLC (1.39%), KAMES CAPITAL plc (0.23%), Mesirow Financial Investment Management Inc. (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Company insiders that own Construction Partners stock include Cpi Expansion Fund Gp L Suntx, John L Harper, Ned N Fleming III, Royce Alan Palmer 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 Summit Creek Advisors LLC and Mesirow Financial Investment Management Inc.. Company insiders that have sold Construction Partners company stock in the last year include Cpi Expansion Fund Gp L Suntx and Todd Keith Andrews. View Insider Buying and Selling for Construction Partners.

ROAD stock was purchased by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Conestoga Capital Advisors LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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.

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.

One share of ROAD stock can currently be purchased for approximately $17.05.

Construction Partners has a market capitalization of $882.85 million and generates $783.24 million in revenue each year. The company earns $43.12 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.

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

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]