Construction Partners, Inc., an infrastructure and road construction company, provides construction products and services to public and private sectors. Its services cover construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt. 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.
Industry, Sector and Symbol
Industry Heavy construction, except building construction - contractors
Sub-IndustryN/A
SectorConstruction
Phone334-673-9763
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$680.10 million
Profitability
Miscellaneous
Employees572
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) announced its quarterly earnings data on Tuesday, December, 11th. The company reported $0.29 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.29. The firm earned $215.70 million during the quarter, compared to the consensus estimate of $215.45 million. Construction Partners's quarterly revenue was up 15.0% compared to the same quarter last year. View Construction Partners' Earnings History.
When is Construction Partners' next earnings date?
What guidance has Construction Partners issued on next quarter's earnings?
Construction Partners issued an update on its FY 2019 earnings guidance on Monday, December, 10th. 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 $765.4 million.
What price target have analysts set for ROAD?
5 equities research analysts have issued 1 year price targets for Construction Partners' stock. Their predictions range from $13.00 to $15.00. On average, they anticipate Construction Partners' stock price to reach $14.40 in the next year. This suggests a possible upside of 34.1% 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 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Construction Partners.
Has Construction Partners been receiving favorable news coverage?
News articles about ROAD stock have trended somewhat positive recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news 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 0.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days.
Who are some of Construction Partners' key competitors?
Who are Construction Partners' key executives?
Construction Partners' management team includes the folowing people:
- Mr. Ned Nelson Fleming III, Exec. Chairman (Age 58)
- Mr. Charles E. Owens, Pres, CEO & Director (Age 68)
- Mr. R. Alan Palmer, Exec. VP & CFO (Age 66)
- Mr. F. Julius Smith III, Sr. VP (Age 48)
- Mr. Todd K. Andrews, Chief Accounting 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 many different of retail and institutional investors. Top institutional investors include Summit Creek Advisors LLC (1.10%). 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 buying Construction Partners stock?
ROAD stock was bought by a variety of institutional investors in the last quarter, including 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 $10.74.
How big of a company is Construction Partners?
Construction Partners has a market capitalization of $554.65 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.
What is Construction Partners' official website?
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)
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.
