Log in
NASDAQ:ROAD

Construction Partners Stock Forecast, Price & News

$18.36
+0.47 (+2.63 %)
(As of 09/18/2020 08:00 PM ET)
Add
Compare
Today's Range
$18.36
Now: $18.36
$19.39
50-Day Range
$16.04
MA: $18.64
$21.62
52-Week Range
$11.96
Now: $18.36
$22.15
Volume48,863 shs
Average Volume277,194 shs
Market Capitalization$950.72 million
P/E Ratio24.16
Dividend YieldN/A
Beta0.93
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. 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.
Read More
Construction Partners logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.36 out of 5 stars


Industry, Sector and Symbol

Industry Heavy construction, except building construction - contractors
Sub-IndustryN/A
Current SymbolNASDAQ:ROAD
CUSIPN/A
Phone334-673-9763

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$783.24 million
Cash Flow$1.49 per share
Book Value$6.63 per share

Profitability

Net Income$43.12 million

Miscellaneous

Employees572
Market Cap$950.72 million
Next Earnings Date12/14/2020 (Estimated)
OptionableNot Optionable
$18.36
+0.47 (+2.63 %)
(As of 09/18/2020 08:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive ROAD News and Ratings via Email

Sign-up to receive the latest news and ratings for ROAD and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Construction Partners (NASDAQ:ROAD) Frequently Asked Questions

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. Since then, ROAD stock has increased by 29.1% and is now trading at $18.36.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Construction Partners?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Construction Partners
.

When is Construction Partners' next earnings date?

Construction Partners is scheduled to release its next quarterly earnings announcement on Monday, December 14th 2020.
View our earnings forecast for Construction Partners
.

How were Construction Partners' earnings last quarter?

Construction Partners Inc (NASDAQ:ROAD) released its quarterly earnings results on Friday, August, 7th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.05. The firm earned $217 million during the quarter, compared to the consensus estimate of $233.95 million. Construction Partners had a return on equity of 11.14% and a net margin of 4.92%. The business's quarterly revenue was down 4.4% on a year-over-year basis. During the same period last year, the business earned $0.33 EPS.
View Construction Partners' earnings history
.

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

Construction Partners updated its FY 2020 Pre-Market earnings guidance on Friday, August, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $810-820 million, compared to the consensus revenue estimate of $823.79 million.

What price target have analysts set for ROAD?

7 brokerages have issued 12-month price targets for Construction Partners' shares. Their forecasts range from $16.00 to $21.50. On average, they expect Construction Partners' stock price to reach $19.07 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
View analysts' price targets for Construction Partners
.

Are investors shorting Construction Partners?

Construction Partners saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,430,000 shares, an increase of 18.2% from the August 15th total of 1,210,000 shares. Based on an average daily volume of 306,900 shares, the short-interest ratio is presently 4.7 days. Approximately 5.0% of the shares of the stock are short sold.
View Construction Partners' Short Interest
.

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 Alibaba Group (BABA), Intel (INTC), General Electric (GE), AbbVie (ABBV), CVS Health (CVS), Raytheon Technologies (RTX), Altria Group (MO), Verizon Communications (VZ), Johnson & Johnson (JNJ) and NVIDIA (NVDA).

Who are Construction Partners' key executives?

Construction Partners' management team includes the following 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 (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 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 a number of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (8.95%), Wasatch Advisors Inc. (4.73%), Kayne Anderson Rudnick Investment Management LLC (4.47%), Vanguard Group Inc. (2.63%), Bank of New York Mellon Corp (2.51%) and FMR LLC (2.38%). Company insiders that own Construction Partners stock include Charles E Owens, Cpi Expansion Fund Gp L Suntx, John L Harper, Ned N Fleming III, Robert P Flowers, Royce Alan Palmer, 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 Jennison Associates LLC, Natixis Advisors L.P., KAMES CAPITAL plc, Tygh Capital Management Inc., Stephens Inc. AR, Anchor Capital Advisors LLC, Driehaus Capital Management LLC, and Bank of New York Mellon Corp. Company insiders that have sold Construction Partners company stock in the last year include Charles E Owens, Cpi Expansion Fund Gp L Suntx, John L Harper, Royce Alan Palmer, Suntx Capital Management Corp, and Todd Keith Andrews.
View insider buying and selling activity for Construction Partners
.

Which institutional investors are buying Construction Partners stock?

ROAD stock was purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Wasatch Advisors Inc., Conestoga Capital Advisors LLC, Vanguard Group Inc., Oak Ridge Investments LLC, Alyeska Investment Group L.P., Raymond James & Associates, and FMR LLC. Company insiders that have bought Construction Partners stock in the last two years include John L Harper, Ned N Fleming III, Robert P Flowers, and Royce Alan Palmer.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Construction Partners' stock price today?

One share of ROAD stock can currently be purchased for approximately $18.36.

How big of a company is Construction Partners?

Construction Partners has a market capitalization of $950.72 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.

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 9/21/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.