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

$13.97
-0.56 (-3.85 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$13.69
Now: $13.97
$14.61
50-Day Range
$13.64
MA: $14.56
$15.74
52-Week Range
$7.70
Now: $13.97
$15.84
Volume210,772 shs
Average Volume121,146 shs
Market Capitalization$721.97 million
P/E Ratio16.24
Dividend YieldN/A
Beta1.96
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$680.10 million
Cash Flow$1.2330 per share
Book Value$6.31 per share

Profitability

Net Income$50.79 million

Miscellaneous

Employees572
Market Cap$721.97 million
Next Earnings Date12/9/2019 (Estimated)
OptionableNot Optionable

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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) issued its earnings results on Thursday, August, 8th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.04. The company had revenue of $227.30 million for the quarter, compared to analysts' expectations of $229.67 million. Construction Partners had a return on equity of 13.47% and a net margin of 5.48%. Construction Partners's quarterly revenue was up 16.5% compared to the same quarter last year. During the same period last year, the business earned $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, December 9th 2019. View Earnings Estimates for Construction Partners.

What price target have analysts set for ROAD?

3 analysts have issued 12-month target prices for Construction Partners' shares. Their forecasts range from $15.00 to $17.25. On average, they anticipate Construction Partners' share price to reach $16.25 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for Construction Partners.

What is the consensus analysts' recommendation for Construction Partners?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last year. There are currently 2 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. " (8/14/2019)
  • 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 headlines about ROAD stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news 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 closest to five being the most favorable. Construction Partners earned a news impact score of 2.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect 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 July. As of July 15th, there was short interest totalling 798,900 shares, an increase of 77.5% from the June 15th total of 450,200 shares. Based on an average trading volume of 151,800 shares, the days-to-cover ratio is currently 5.3 days. Approximately 6.7% of the shares of the stock 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 General Electric (GE), Aerojet Rocketdyne (AJRD), NVIDIA (NVDA), Alibaba Group (BABA), Ford Motor (F), Vereit (VER), Intel (INTC), AbbVie (ABBV), Iovance Biotherapeutics (IOVA) and Altria Group (MO).

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 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 retail and institutional investors. Top institutional shareholders include Wasatch Advisors Inc. (2.61%), Bank of New York Mellon Corp (1.95%), BlackRock Inc. (1.41%), Summit Creek Advisors LLC (1.34%), Vanguard Group Inc. (0.69%) and Tygh Capital Management Inc. (0.54%). 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 institutional investors are selling Construction Partners stock?

ROAD stock was sold by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., Morgan Stanley, Bank of America Corp DE, Monarch Partners Asset Management LLC, Tygh Capital Management Inc., Bailard Inc. and Stephens Inc. AR. View Insider Buying and Selling for Construction Partners.

Which institutional investors are buying Construction Partners stock?

ROAD stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Wasatch Advisors Inc., Renaissance Technologies LLC, Wells Fargo & Company MN, Bank of New York Mellon Corp, Vanguard Group Inc., Citadel Advisors LLC and Charles Schwab Investment Management Inc.. 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 $13.97.

How big of a company is Construction Partners?

Construction Partners has a market capitalization of $721.97 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. 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:  2.5 out of 5 (star star half star)
Outperform Votes:  94 (Vote Outperform)
Underperform Votes:  91 (Vote Underperform)
Total Votes:  185
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 8/25/2019 by MarketBeat.com Staff

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