NASDAQ:ROAD

Construction Partners Stock Forecast, Price & News

$30.26
-0.18 (-0.59 %)
(As of 06/23/2021 03:59 PM ET)
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Today's Range
$29.97
$30.39
50-Day Range
$29.06
$34.08
52-Week Range
$15.46
$36.58
Volume8,455 shs
Average Volume368,252 shs
Market Capitalization$1.58 billion
P/E Ratio43.86
Dividend YieldN/A
Beta1.05
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 founded in 2001 and is headquartered in Dothan, Alabama.

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MarketRank

Overall MarketRank

1.43 out of 5 stars

Construction Sector

89th out of 210 stocks

Heavy Construction, Except Building Construction - Contractors Industry

6th out of 16 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Construction Partners (NASDAQ:ROAD) Frequently Asked Questions

Is Construction Partners a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last twelve months. There are currently 2 hold ratings and 3 buy ratings 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.

What stocks does MarketBeat like better than Construction Partners?

Wall Street analysts have given Construction Partners a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Construction Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Construction Partners?

Construction Partners saw a increase in short interest in May. As of May 28th, there was short interest totaling 913,900 shares, an increase of 22.4% from the May 13th total of 746,400 shares. Based on an average trading volume of 323,700 shares, the short-interest ratio is currently 2.8 days. Approximately 2.7% of the shares of the company are short sold.
View Construction Partners' Short Interest
.

When is Construction Partners' next earnings date?

Construction Partners is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Construction Partners
.

How were Construction Partners' earnings last quarter?

Construction Partners, Inc. (NASDAQ:ROAD) posted its earnings results on Friday, May, 7th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.14. The company earned $179.40 million during the quarter, compared to the consensus estimate of $204.24 million. Construction Partners had a net margin of 4.46% and a trailing twelve-month return on equity of 10.20%. The business's revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.03 EPS.
View Construction Partners' earnings history
.

How has Construction Partners' stock 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 (WHO). Since then, ROAD shares have increased by 112.4% and is now trading at $30.20.
View which stocks have been most impacted by COVID-19
.

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

Construction Partners issued an update on its FY 2021 earnings guidance on Friday, May, 28th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $950 M-$1 billion, compared to the consensus revenue estimate of $968.40 million.

What price target have analysts set for ROAD?

5 brokerages have issued twelve-month price targets for Construction Partners' stock. Their forecasts range from $20.00 to $35.00. On average, they expect Construction Partners' share price to reach $25.40 in the next twelve months. This suggests that the stock has a possible downside of 15.9%.
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 (Age 51, Pay $972.19k)
  • Mr. R. Alan Palmer, Exec. VP & CFO (Age 68, Pay $931.69k)
  • Mr. Ned Nelson Fleming III, Exec. Chairman (Age 61)
  • Mr. Todd K. Andrews, Chief Accounting Officer (Age 58)
  • Mr. Judson Ryan Brooks, Sr. VP of Legal (Age 32)
  • Mr. John A. Walker, Sr. VP (Age 64)
  • Mr. Michael Brett Armstrong, Sr. VP (Age 59)
  • Mr. Robert P. Flowers, Sr. VP (Age 61)
  • Mr. John L. Harper, Sr. VP (Age 56)
  • Will Pedersen, Pres of Riverworks, Inc.

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), 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 variety of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (10.13%), Wasatch Advisors Inc. (6.95%), Kayne Anderson Rudnick Investment Management LLC (5.28%), BlackRock Inc. (4.23%), Oak Ridge Investments LLC (3.34%) and SunTx Capital Management Corp. (1.86%). Company insiders that own Construction Partners stock include Charles E Owens, Cpi Expansion Fund Gp L Suntx, John L Harper, 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 SunTx Capital Management Corp., Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, Jupiter Asset Management Ltd., Janus Henderson Group PLC, D. E. Shaw & Co. Inc., Stephens Inc. AR, and Goldman Sachs Group Inc.. Company insiders that have sold Construction Partners company stock in the last year include Charles E Owens, 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 major investors are buying Construction Partners stock?

ROAD stock was bought by a variety of institutional investors in the last quarter, including Oak Ridge Investments LLC, Baird Financial Group Inc., Wasatch Advisors Inc., Conestoga Capital Advisors LLC, Nicholas Company Inc., BlackRock Inc., Kayne Anderson Rudnick Investment Management LLC, and Brown Advisory Inc..
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 $30.20.

How much money does Construction Partners make?

Construction Partners has a market capitalization of $1.58 billion and generates $785.68 million in revenue each year. The company earns $40.30 million in net income (profit) each year or $0.78 on an earnings per share basis.

How many employees does Construction Partners have?

Construction Partners employs 646 workers across the globe.

What is Construction Partners' official website?

The official website for Construction Partners is www.constructionpartners.net.

Where are Construction Partners' headquarters?

Construction Partners is headquartered at 290 HEALTHWEST DR. SUITE 2, DOTHAN AL, 36303.

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 6/23/2021 by MarketBeat.com Staff
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