S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NASDAQ:ROAD

Construction Partners (ROAD) Stock Forecast, Price & News

$21.70
+0.64 (+3.04%)
(As of 05/13/2022 06:55 PM ET)
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Today's Range
$21.18
$22.04
50-Day Range
$19.87
$27.84
52-Week Range
$19.51
$44.99
Volume
243,500 shs
Average Volume
356,804 shs
Market Capitalization
$1.14 billion
P/E Ratio
83.46
Dividend Yield
N/A
Beta
0.93
30 days | 90 days | 365 days | Advanced Chart
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Construction Partners logo

About Construction Partners

Construction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. The company, through its subsidiaries, provides various products and services to public and private infrastructure projects, with a focus on highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; paving activities, including the construction of roadway base layers and application of asphalt pavement; site development, including the installation of utility and drainage systems; mining aggregates, such as sand and gravel that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. 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 incorporated in 1999 and is headquartered in Dothan, Alabama.

Headlines

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Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
N/A
Current Symbol
NASDAQ:ROAD
Fax
N/A
Employees
2,960
Year Founded
N/A

Sales & Book Value

Annual Sales
$910.74 million
Cash Flow
$1.42 per share
Book Value
$7.90 per share

Profitability

Net Income
$20.18 million
Pretax Margin
1.82%

Debt

Price-To-Earnings

Miscellaneous

Free Float
39,750,000
Market Cap
$1.14 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
5/06/2022
Today
5/15/2022
Next Earnings (Estimated)
8/05/2022
Fiscal Year End
9/30/2022

MarketRank

Overall MarketRank

2.57 out of 5 stars

Construction Sector

45th out of 134 stocks

Heavy Construction, Except Building Construction - Contractors Industry

2nd out of 11 stocks

Analyst Opinion: 3.7Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -













Construction Partners (NASDAQ:ROAD) Frequently Asked Questions

Is Construction Partners a buy right now?

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

When is Construction Partners' next earnings date?

Construction Partners is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
View our earnings forecast for Construction Partners
.

How were Construction Partners' earnings last quarter?

Construction Partners, Inc. (NASDAQ:ROAD) issued its quarterly earnings results on Friday, May, 6th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.14. The firm had revenue of $243.40 million for the quarter, compared to analysts' expectations of $218.14 million. Construction Partners had a trailing twelve-month return on equity of 3.28% and a net margin of 1.25%. The company's revenue for the quarter was up 35.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) earnings per share.
View Construction Partners' earnings history
.

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

Construction Partners updated its FY 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.15 billion-$1.20 billion, compared to the consensus revenue estimate of $1.14 billion.

What price target have analysts set for ROAD?

3 Wall Street analysts have issued 12-month price targets for Construction Partners' shares. Their forecasts range from $25.00 to $40.00. On average, they expect Construction Partners' share price to reach $32.50 in the next year. This suggests a possible upside of 49.8% from the stock's current price.
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:
  • Mr. Fred Julius Smith III, Pres, CEO & Director (Age 52, Pay $1.1M)
  • Mr. R. Alan Palmer, Exec. VP & CFO (Age 69, Pay $756.88k)
  • Mr. Michael Brett Armstrong, Sr. VP (Age 60, Pay $684.17k)
  • Mr. Robert P. Flowers, Sr. VP (Age 62, Pay $820.08k)
  • Mr. John L. Harper, Sr. VP (Age 57, Pay $856.68k) (LinkedIn Profile)
  • Mr. Ned Nelson Fleming III, Exec. Chairman (Age 62)
  • Mr. Todd K. Andrews, Chief Accounting Officer (Age 59) (LinkedIn Profile)
  • Mr. Judson Ryan Brooks, Sr. VP of Legal (Age 33)
  • Mr. John A. Walker, Sr. VP (Age 65)
  • Will Pedersen, Pres of Riverworks, Inc.
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 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.

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 a number of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (10.25%), Wasatch Advisors Inc. (5.98%), BlackRock Inc. (5.05%), Geneva Capital Management LLC (4.43%), Vanguard Group Inc. (3.86%) and Royce & Associates LP (1.63%). Company insiders that own Construction Partners stock include Charles E Owens, John L Harper, Suntx Capital Management Corp and Todd Keith Andrews.
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 Wasatch Advisors Inc., Oak Ridge Investments LLC, Pembroke Management LTD, Raymond James & Associates, DekaBank Deutsche Girozentrale, B. Metzler seel. Sohn & Co. AG, PEAK6 Investments LLC, and Metropolitan Life Insurance Co NY. 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 institutional investors are buying Construction Partners stock?

ROAD stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., BlackRock Inc., Vanguard Group Inc., Mirae Asset Global Investments Co. Ltd., Royce & Associates LP, Charles Schwab Investment Management Inc., Northern Trust Corp, and Bank of New York Mellon Corp.
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 $21.70.

How much money does Construction Partners make?

Construction Partners has a market capitalization of $1.14 billion and generates $910.74 million in revenue each year. The company earns $20.18 million in net income (profit) each year or $0.259990 on an earnings per share basis.

How many employees does Construction Partners have?

Construction Partners employs 2,960 workers across the globe.

What is Construction Partners' official website?

The official website for Construction Partners is 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].

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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