NASDAQ:ROAD Construction Partners - ROAD Stock Forecast, Price & News Adding Choose a watchlist: 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. $28.29 +0.69 (+2.50%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$27.63▼$28.3350-Day Range$25.17▼$29.5852-Week Range$18.89▼$32.98Volume203,119 shsAverage Volume143,041 shsMarket Capitalization$1.49 billionP/E Ratio69.00Dividend YieldN/APrice Target$32.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Construction Partners MarketRank™ ForecastAnalyst RatingBuy3.25 Rating ScoreUpside/Downside14.9% Upside$32.50 Price TargetShort InterestHealthy1.82% of Shares Sold ShortDividend StrengthN/ASustainability-7.47Upright™ Environmental ScoreNews Sentiment0.07Based on 4 Articles This WeekInsider TradingSelling Shares$2.42 M Sold Last QuarterProj. Earnings Growth50.00%From $0.60 to $0.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsConstruction Sector44th out of 109 stocksHeavy Construction, Except Building Construction - Contractors Industry4th out of 9 stocks 2.6 Analyst's Opinion Consensus RatingConstruction Partners has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.50, Construction Partners has a forecasted upside of 14.9% from its current price of $28.29.Amount of Analyst CoverageConstruction Partners has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.82% of the outstanding shares of Construction Partners have been sold short.Short Interest Ratio / Days to CoverConstruction Partners has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Construction Partners has recently decreased by 4.81%, indicating that investor sentiment is improving. 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 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConstruction Partners has received a -62.30% net impact score from Upright. The largest negative impact of Construction Partners in category "GHG emissions" seems to be driven mostly by its "Construction of urban roads", "Construction of motorways", and "Construction of pedestrian walkways" products. See details.Environmental SustainabilityThe Environmental Impact score for Construction Partners is -7.47. Previous Next 1.7 News and Social Media Coverage News SentimentConstruction Partners has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Construction Partners this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 2 people have added Construction Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 4.2 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 $2,420,529.00 in company stock.Percentage Held by Insiders23.54% 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 Institutions75.88% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Construction Partners are expected to grow by 50.00% in the coming year, from $0.60 to $0.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Construction Partners is 69.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Construction Partners is 69.00, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 18.28.Price to Earnings Growth RatioConstruction Partners has a PEG Ratio of 1.19. 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 3.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Construction Partners (NASDAQ:ROAD) StockConstruction 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, gravel, and construction stones 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.Read More Receive ROAD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Construction Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address ROAD Stock News HeadlinesJanuary 31, 2023 | marketwatch.comRoad Motor Grader Market 2023 is Dynamic & Changing - Trends, Technology, and OpportunitiesJanuary 23, 2023 | msn.comConstruction begins on 4 miles of new trails in Old FortJanuary 31, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 18, 2023 | bizjournals.comProject update: Barber Partners and Bain Capital's cold storage rollout is underway in DentonJanuary 18, 2023 | finance.yahoo.comIs The Market Rewarding Construction Partners, Inc. (NASDAQ:ROAD) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?January 17, 2023 | msn.comStakeholders Engage New Jeshwang OIC Road Construction Victims' Ahead of DemolitionJanuary 14, 2023 | msn.comSayreville Police Partner with Middlesex Co. CRIME STOPPERS to Find Vandals Who Damaged Ashland Construction Project.January 13, 2023 | bizjournals.comDone Deals: NoLibs project secures $134M in construction financing; Main Line restaurant sellsJanuary 31, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 13, 2023 | finance.yahoo.comConstruction Partners, Inc. Announces Schedule for Fiscal 2023 First Quarter Earnings Release and Conference CallJanuary 11, 2023 | msn.comCity ‘monitoring shortcutting’ during Stony Plain Road Bridge constructionJanuary 10, 2023 | bizjournals.comNew apartments with 264 units planned near major Triad shopping centerJanuary 6, 2023 | bizjournals.comBREAKING: Orlando's Cadence Partners is developer for massive Kelly Park industrial project in ApopkaJanuary 6, 2023 | bizjournals.comExplainer: What is Universal’s new SunRail development district?December 29, 2022 | msn.comMaintenance work to cause lane closure on Coy Road in Oregon for 3 weeksDecember 25, 2022 | finance.yahoo.comConstruction Partners, Inc. (NASDAQ:ROAD) Q4 2022 Earnings Call TranscriptDecember 22, 2022 | bizjournals.comMorgan/Harbour Construction Chairman Warren Seil set to retireDecember 19, 2022 | finance.yahoo.comAn Intrinsic Calculation For Construction Partners, Inc. (NASDAQ:ROAD) Suggests It's 47% UndervaluedDecember 16, 2022 | seekingalpha.comConstruction Partners: Good Bet For FY 2023December 15, 2022 | finance.yahoo.comHere’s Why Construction Partners (ROAD) Outperformed in Q3December 12, 2022 | finance.yahoo.comDo You Think Construction Partners (ROAD) Will Be Able to Retain its Growth?December 6, 2022 | finance.yahoo.comConstruction Partners (ROAD) Buys NC-Based Ferebee CorporationNovember 25, 2022 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Industrial Goods Companies: American Woodmark (AMWD) and Construction Partners (ROAD)November 23, 2022 | finance.yahoo.comConstruction Partners Full Year 2022 Earnings: Revenues Beat Expectations, EPS In LineNovember 23, 2022 | seekingalpha.comConstruction Partners snaps up 3 hot-mix asphalt plants in TNNovember 22, 2022 | finance.yahoo.comConstruction Partners, Inc. Announces Fiscal 2022 Fourth Quarter and Year-End ResultsNovember 22, 2022 | finance.yahoo.comConstruction Partners (ROAD) Q4 Earnings and Revenues Top EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ROAD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Construction Partners and its competitors with MarketBeat's FREE daily newsletter. Email Address ROAD Company Calendar Last Earnings11/22/2022Today1/31/2023Next Earnings (Confirmed)2/09/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Heavy construction, except building construction - contractors Sub-IndustryN/A SectorConstruction Current SymbolNASDAQ:ROAD CUSIPN/A CIK1718227 Webwww.constructionpartners.net Phone(334) 673-9763FaxN/AEmployees3,790Year FoundedN/APrice Target and Rating Average Stock Price Forecast$32.50 High Stock Price Forecast$37.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+14.9%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.41 Trailing P/E Ratio69.00 Forward P/E Ratio47.15 P/E Growth1.19Net Income$21.38 million Net Margins1.64% Pretax Margin2.17% Return on Equity4.97% Return on Assets2.18% Debt Debt-to-Equity Ratio0.80 Current Ratio1.84 Quick Ratio1.52 Sales & Book Value Annual Sales$1.30 billion Price / Sales1.15 Cash Flow$1.68 per share Price / Cash Flow16.80 Book Value$8.68 per share Price / Book3.26Miscellaneous Outstanding Shares52,690,000Free Float40,288,000Market Cap$1.49 billion OptionableNot Optionable Beta0.92 Key ExecutivesMr. Fred Julius Smith III (Age 53)Pres, CEO & Director Comp: $1.1MMr. R. Alan Palmer (Age 70)Exec. VP & CFO Comp: $756.88kMr. Michael Brett Armstrong (Age 61)Sr. VP Comp: $684.17kMr. Robert P. Flowers (Age 63)Sr. VP Comp: $820.08kMr. John L. Harper (Age 58)Sr. VP Comp: $856.68kMr. Ned Nelson Fleming III (Age 63)Exec. Chairman Mr. Todd K. Andrews (Age 60)Chief Accounting Officer Mr. Judson Ryan Brooks (Age 34)Sr. VP of Legal Mr. John A. Walker (Age 66)Sr. VP Will PedersenPres of Riverworks, Inc.More ExecutivesKey CompetitorsGranite ConstructionNYSE:GVASterling InfrastructureNASDAQ:STRLGreat Lakes Dredge & DockNASDAQ:GLDDFluorNYSE:FLRPrimoris ServicesNASDAQ:PRIMView All CompetitorsInsiders & InstitutionsVersor Investments LPBought 8,000 shares on 1/30/2023Ownership: 0.015%Natixis Advisors L.P.Sold 9,777 shares on 1/27/2023Ownership: 1.213%Rice Hall James & Associates LLCBought 19,422 shares on 1/27/2023Ownership: 0.425%Comerica BankBought 20,720 shares on 1/26/2023Ownership: 0.779%Stephens Inc. ARSold 1,250 shares on 1/25/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions ROAD Stock - Frequently Asked Questions Should I buy or sell Construction Partners stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ROAD shares. View ROAD analyst ratings or view top-rated stocks. What is Construction Partners' stock price forecast for 2023? 4 brokers have issued 1 year price targets for Construction Partners' stock. Their ROAD share price forecasts range from $28.00 to $37.00. On average, they predict the company's share price to reach $32.50 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View analysts price targets for ROAD or view top-rated stocks among Wall Street analysts. How have ROAD shares performed in 2023? Construction Partners' stock was trading at $26.69 at the beginning of the year. Since then, ROAD stock has increased by 3.4% and is now trading at $27.60. View the best growth stocks for 2023 here. When is Construction Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023. View our ROAD earnings forecast. How can I listen to Construction Partners' earnings call? Construction Partners will be holding an earnings conference call on Friday, February 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13735453". How were Construction Partners' earnings last quarter? Construction Partners, Inc. (NASDAQ:ROAD) released its quarterly earnings data on Tuesday, November, 22nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The firm earned $393.05 million during the quarter, compared to the consensus estimate of $363.09 million. Construction Partners had a trailing twelve-month return on equity of 4.97% and a net margin of 1.64%. What guidance has Construction Partners issued on next quarter's earnings? Construction Partners issued an update on its FY 2023 earnings guidance on Thursday, December, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.40 billion-$1.55 billion, compared to the consensus revenue estimate of $1.46 billion. 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 IPO on Friday, May 4th 2018. The company issued 11,300,000 shares at $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 many different institutional and retail investors. Top institutional shareholders include Natixis Advisors L.P. (1.21%), Comerica Bank (0.78%), Rice Hall James & Associates LLC (0.42%), Allspring Global Investments Holdings LLC (0.39%), Oak Ridge Investments LLC (0.22%) and R.P. Boggs & Co. (0.13%). Insiders that own company stock include Charles E Owens, John L Harper, Noreen E Skelly, Robert P Flowers, Royce Alan Palmer, Stefan L Shaffer, Suntx Capital Management Corp and Todd Keith Andrews. View institutional ownership trends. How do I buy shares of Construction Partners? Shares of ROAD stock 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 $27.60. How much money does Construction Partners make? Construction Partners (NASDAQ:ROAD) has a market capitalization of $1.45 billion and generates $1.30 billion in revenue each year. The company earns $21.38 million in net income (profit) each year or $0.41 on an earnings per share basis. How many employees does Construction Partners have? The company employs 3,790 workers across the globe. How can I contact Construction Partners? Construction Partners' mailing address is 290 HEALTHWEST DR. SUITE 2, DOTHAN AL, 36303. The official website for the company is www.constructionpartners.net. The company can be reached via phone at (334) 673-9763 or via email at road@dennardlascar.com. This page (NASDAQ:ROAD) was last updated on 1/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from top-performing Wall Street analysts. 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