NASDAQ:ROAD

Construction Partners Stock Forecast, Price & News

$33.68
+0.81 (+2.46 %)
(As of 09/23/2021 12:00 AM ET)
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Today's Range
$32.69
$33.92
50-Day Range
$30.60
$34.93
52-Week Range
$17.05
$36.58
Volume116,392 shs
Average Volume304,738 shs
Market Capitalization$1.76 billion
P/E Ratio59.09
Dividend YieldN/A
Beta1.04
30 days | 90 days | 365 days | Advanced Chart
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Construction Partners logo

About Construction Partners

Construction Partners, Inc. engages in construction of roadways and highways. It acquires road construction companies with services in asphalt production, paving and other construction services for both the public and private sectors. The company was founded by Ned N. Fleming, R. Alan Palmer & Charles E. Owens in 1999 and is headquartered in Dothan, AL.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.30 out of 5 stars

Construction Sector

56th out of 137 stocks

Heavy Construction, Except Building Construction - Contractors Industry

3rd out of 11 stocks

Analyst Opinion: 1.3Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 1.9 5 -4 -3 -2 -1 -
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Construction Partners (NASDAQ:ROAD) Frequently Asked Questions

Is Construction Partners a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Construction Partners stock.
View analyst ratings for Construction Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Construction Partners?

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.
View MarketBeat's top stock picks here.

When is Construction Partners' next earnings date?

Construction Partners is scheduled to release its next quarterly earnings announcement on Friday, December 10th 2021.
View our earnings forecast for Construction Partners
.

How were Construction Partners' earnings last quarter?

Construction Partners, Inc. (NASDAQ:ROAD) issued its earnings results on Thursday, August, 5th. The company reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.33 by $0.15. The business earned $261.66 million during the quarter, compared to analysts' expectations of $291.82 million. Construction Partners had a net margin of 3.48% and a trailing twelve-month return on equity of 8.39%. The business's revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 earnings per share.
View Construction Partners' earnings history
.

How has Construction Partners' stock price been impacted by COVID-19?

Construction Partners' stock was trading at $14.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ROAD shares have increased by 136.8% and is now trading at $33.68.
View which stocks have been most impacted by COVID-19
.

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

Construction Partners issued an update on its FY 2021 earnings guidance on Friday, September, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $940 million-$960 million, compared to the consensus revenue estimate of $975.04 million.

What price target have analysts set for ROAD?

3 brokers have issued 1-year target prices for Construction Partners' shares. Their forecasts range from $25.00 to $35.00. On average, they anticipate Construction Partners' stock price to reach $28.67 in the next twelve months. This suggests that the stock has a possible downside of 14.9%.
View analysts' price targets for Construction Partners
or view top-rated stocks among Wall Street analysts.

Who are Construction Partners' key executives?

Construction Partners' management team includes the following people:
  • Fred Julius Smith, President & Chief Executive Officer
  • R. Alan Palmer, Chief Financial Officer & Executive Vice President
  • John L. Harper, Senior Vice President (LinkedIn Profile)
  • John A. Walker, Senior Vice President
  • Todd K. Andrews, Chief Accounting Officer

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), Intel (INTC), General Electric (GE), AbbVie (ABBV), CVS Health (CVS), Raytheon Technologies (RTX), Verizon Communications (VZ), Altria Group (MO), NVIDIA (NVDA) and Pfizer (PFE).

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 acted as the underwriters for the IPO and Imperial Capital and D.A. Davidson were co-managers.

What is Construction Partners' stock symbol?

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

Who are Construction Partners' major shareholders?

Construction Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (10.06%), Wasatch Advisors Inc. (6.89%), Kayne Anderson Rudnick Investment Management LLC (5.92%), Invesco Ltd. (4.04%), BlackRock Inc. (3.96%) and FMR LLC (3.60%). 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
.

Which major investors are selling Construction Partners stock?

ROAD stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Nuveen Asset Management LLC, PEAK6 Investments LLC, Millennium Management LLC, Summit Creek Advisors LLC, and Wells Fargo & Company MN. Company insiders that have sold Construction Partners company stock in the last year include John L Harper, Suntx Capital Management Corp, and Todd Keith Andrews.
View insider buying and selling activity for Construction Partners
or view top insider-selling stocks.

Which major investors are buying Construction Partners stock?

ROAD stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Kayne Anderson Rudnick Investment Management LLC, FMR LLC, Morgan Stanley, Morgan Stanley, Northwestern Mutual Investment Management Company LLC, Allianz Asset Management GmbH, and Russell Investments Group Ltd..
View insider buying and selling activity for Construction Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Construction Partners' stock price today?

One share of ROAD stock can currently be purchased for approximately $33.68.

How much money does Construction Partners make?

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.

How many employees does Construction Partners have?

Construction Partners employs 2,289 workers across the globe.

What is Construction Partners' official website?

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

Where are Construction Partners' headquarters?

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

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].


This page was last updated on 9/24/2021 by MarketBeat.com Staff
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