NASDAQ:ROAD Construction Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Construction Partners Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $18.55 +0.66 (+3.69 %) (As of 09/18/2020 09:50 AM ET) Add Compare Share Today's Range$18.39Now: $18.55▼$18.6550-Day Range$16.03MA: $18.60▼$21.6252-Week Range$11.96Now: $18.55▼$22.15Volume1,018 shsAverage Volume269,664 shsMarket Capitalization$960.56 millionP/E Ratio24.41Dividend YieldN/ABeta0.93 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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 Beat the Market (BTM) Rank™ 1.4 Analyst's Opinion Consensus RatingConstruction Partners has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.75, Construction Partners has a forecasted upside of 4.8% from its current price of $17.89.Amount of Analyst CoverageConstruction Partners has only been the subject of 3 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesConstruction Partners has received 141 “outperform” votes. (Add your “outperform” vote.)Underperform VotesConstruction Partners has received 179 “underperform” votes. (Add your “underperform” vote.)Community SentimentConstruction Partners has received 55.94% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldConstruction Partners does not currently pay a dividend.Dividend GrowthConstruction Partners does not have a long track record of dividend growth. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Construction Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,203,463.00 in company stock.Percentage Held by Insiders63.94% of the stock of Construction Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions64.75% of the stock of Construction Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Construction Partners are expected to grow by 14.29% in the coming year, from $0.70 to $0.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Construction Partners is 23.54, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Construction Partners is 23.54, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 29.14.Price to Earnings Growth RatioConstruction Partners has a PEG Ratio of 4.22. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioConstruction Partners has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Heavy construction, except building construction - contractors Sub-IndustryN/A SectorConstruction Current SymbolNASDAQ:ROAD Previous Symbol CUSIPN/A CIK1718227 Webwww.constructionpartners.net Phone334-673-9763Debt Debt-to-Equity Ratio0.15 Current Ratio2.19 Quick Ratio1.88Price-To-Earnings Trailing P/E Ratio24.41 Forward P/E Ratio26.50 P/E Growth4.22 Sales & Book Value Annual Sales$783.24 million Price / Sales1.23 Cash Flow$1.50 per share Price / Cash Flow12.36 Book Value$6.63 per share Price / Book2.80Profitability EPS (Most Recent Fiscal Year)$0.84 Net Income$43.12 million Net Margins4.92% Return on Equity11.14% Return on Assets7.22%Miscellaneous Employees572 Outstanding Shares51,782,000Market Cap$960.56 million Next Earnings Date12/14/2020 (Estimated) OptionableNot Optionable $18.55 +0.66 (+3.69 %) (As of 09/18/2020 09:50 AM 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. Construction Partners (NASDAQ:ROAD) Frequently Asked Questions How has Construction Partners' stock price been impacted by Coronavirus (COVID-19)? Construction Partners' stock was trading at $14.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ROAD stock has increased by 25.8% and is now trading at $17.89. 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) announced its quarterly earnings results on Friday, August, 7th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.25 by $0.05. The firm had revenue of $217 million for 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%. Construction Partners's revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.33 earnings per share. View Construction Partners' earnings history. What guidance has Construction Partners issued on next quarter's earnings? Construction Partners issued an update on its FY 2020 Pre-Market earnings guidance on Friday, August, 7th. The company provided earnings per share 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 Wall Street analysts have issued twelve-month price objectives for Construction Partners' stock. Their forecasts range from $16.00 to $21.50. On average, they anticipate Construction Partners' share price to reach $18.75 in the next year. This suggests a possible upside of 4.8% 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 during the month of 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 trading volume, of 306,900 shares, the days-to-cover ratio is currently 4.7 days. Approximately 5.0% of the company's shares are short sold. View Construction Partners' Short Interest. Who are some of Construction Partners' key competitors? Some companies that are related to Construction Partners include KBR (KBR), Fluor Co. (NEW) (FLR), Granite Construction (GVA), Great Lakes Dredge & Dock (GLDD), Grana y Montero SAA (GRAM), Sterling Construction (STRL), Orion Group (ORN), Williams Industrial Services Group (WLMS) and Empresas ICA SAB de CV (ICAYY). View all 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 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. 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 investors 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 major 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 major investors are buying Construction Partners stock? ROAD stock was acquired 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 $17.89. How big of a company is Construction Partners? Construction Partners has a market capitalization of $926.38 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 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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