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NASDAQ:ROAD

Construction Partners Stock Forecast, Price & News

$18.20
-0.44 (-2.36 %)
(As of 09/30/2020 12:00 AM ET)
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Today's Range
$18.15
Now: $18.20
$18.93
50-Day Range
$17.32
MA: $18.62
$21.62
52-Week Range
$11.96
Now: $18.20
$22.15
Volume118,919 shs
Average Volume274,148 shs
Market Capitalization$942.43 million
P/E Ratio23.95
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.
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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$1.47 per share
Book Value$6.63 per share

Profitability

Net Income$43.12 million

Miscellaneous

Employees572
Market Cap$942.43 million
Next Earnings Date12/14/2020 (Estimated)
OptionableNot Optionable
$18.20
-0.44 (-2.36 %)
(As of 09/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Construction Partners (NASDAQ:ROAD) Frequently Asked Questions

How has Construction Partners' stock price been impacted by COVID-19 (Coronavirus)?

Construction Partners' stock was trading at $14.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ROAD shares have increased by 28.0% and is now trading at $18.20.
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 earnings results on Friday, August, 7th. The company reported $0.30 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.05. The firm had revenue of $217 million for the quarter, compared to analysts' expectations of $233.95 million. Construction Partners had a net margin of 4.92% and a return on equity of 11.14%. Construction Partners's revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter last 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 (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 objectives for Construction Partners' shares. Their forecasts range from $16.00 to $21.50. On average, they anticipate Construction Partners' share price to reach $19.50 in the next year. This suggests a possible upside of 7.1% 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 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 presently 4.7 days. Currently, 5.0% of the company's stock are sold short.
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), Raytheon Technologies (RTX), Verizon Communications (VZ), CVS Health (CVS), Altria Group (MO), 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 $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."

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 $18.20.

How big of a company is Construction Partners?

Construction Partners has a market capitalization of $942.43 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 10/1/2020 by MarketBeat.com Staff

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