NASDAQ:ROAD Construction Partners (ROAD) Stock Price, News & Analysis → Next President (Not Trump. Not Biden.) (From The Freeport Society) (Ad) Free ROAD Stock Alerts $60.78 -0.66 (-1.07%) (As of 05/28/2024 ET) Add Compare Share Share Today's Range$60.13▼$62.3550-Day Range$50.03▼$61.4452-Week Range$27.33▼$62.35Volume312,695 shsAverage Volume422,816 shsMarket Capitalization$3.20 billionP/E Ratio51.95Dividend YieldN/APrice Target$54.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Construction Partners alerts: Email Address Construction Partners MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside11.2% Downside$54.00 Price TargetShort InterestHealthy3.07% of Shares Sold ShortDividend StrengthN/ASustainability-7.47Upright™ Environmental ScoreNews Sentiment1.02Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth22.70%From $1.41 to $1.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.37 out of 5 starsConstruction Sector49th out of 98 stocksHeavy Construction, Except Building Construction - Contractors Industry5th out of 10 stocks 1.4 Analyst's Opinion Consensus RatingConstruction Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageConstruction Partners has only been the subject of 2 research reports in the past 90 days.Read more about Construction Partners' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.07% 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 4.1.Change versus previous monthShort interest in Construction Partners has recently decreased by 14.29%, indicating that investor sentiment is improving significantly. 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 3.3 News and Social Media Coverage News SentimentConstruction Partners has a news sentiment score of 1.02. 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 higher news sentiment than the 0.74 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Construction Partners this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for ROAD on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows5 people have added Construction Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Construction Partners insiders have not sold or bought any company stock.Percentage Held by Insiders18.80% 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 Institutions94.83% of the stock of Construction Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Construction Partners' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Construction Partners are expected to grow by 22.70% in the coming year, from $1.41 to $1.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Construction Partners is 51.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Construction Partners is 51.95, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 22.13.Price to Earnings Growth RatioConstruction Partners has a PEG Ratio of 1.45. 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 6.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Construction Partners' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyNext President (Not Trump. Not Biden.)Do you want to see who I believe will be the next president of the U.S.A? It won’t be Biden…And it won’t be Trump.Click here to see why it will be ______ _________. About Construction Partners Stock (NASDAQ:ROAD)Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company provides various products and services to public and private infrastructure projects, such as 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; and paving activities, including the construction of roadway base layers and application of asphalt pavement. In addition, the company is involved in 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 founded in 2007 and is headquartered in Dothan, Alabama.Read More ROAD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ROAD Stock News HeadlinesMay 28 at 10:40 AM | americanbankingnews.comConstruction Partners (NASDAQ:ROAD) Reaches New 12-Month High at $62.35May 25, 2024 | msn.comConstruction of outdoor music venue in Brunswick County to begin soon. Here's what to knowMay 23, 2024 | prnewswire.comConstruction Partners, Inc. to Participate in the Baird 2024 Global Consumer, Technology & Services Institutional Investors ConferenceMay 22, 2024 | investorplace.com7 Must-Buy Stocks if You Only Have $1,000 to Spend: May EditionMay 18, 2024 | msn.comLocal construction groups propose hotel for New Bohemia district, city taking proposalsMay 15, 2024 | bizjournals.comConstruction company opens new headquarters in renovated Pelham fire stationMay 14, 2024 | msn.comConstruction Partners, Inc. (NASDAQ:ROAD) Q2 2024 Earnings Call TranscriptMay 14, 2024 | finance.yahoo.comHEB Construction partners with Boomi to modernise ERP systemMay 13, 2024 | finance.yahoo.comConstruction Partners Inc (ROAD) (Q2 2024) Earnings Call Transcript Highlights: Strategic ...May 11, 2024 | finance.yahoo.comConstruction Partners Second Quarter 2024 Earnings: EPS Misses ExpectationsMay 10, 2024 | finance.yahoo.comConstruction Partners Inc (ROAD) Q2 Fiscal 2024 Earnings: A Comprehensive AnalysisMay 10, 2024 | markets.businessinsider.comConstruction Partners Q2 Results Top Estimates; Boosts FY24 OutlookMay 10, 2024 | prnewswire.comConstruction Partners, Inc. Announces Fiscal 2024 Second Quarter ResultsMay 10, 2024 | msn.comConstruction Partners Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings CallMay 9, 2024 | msn.comConstruction Partners Q2 2024 Earnings PreviewMay 9, 2024 | msn.comElk Grove zoo project gets greenlight for constructionMay 9, 2024 | finance.yahoo.comCalculating The Intrinsic Value Of Construction Partners, Inc. (NASDAQ:ROAD)May 5, 2024 | seekingalpha.comROAD Construction Partners, Inc.May 3, 2024 | seekingalpha.comConstruction Partners: No Longer A Road To RichesMay 2, 2024 | msn.comWhere road closures could affect Michigan traffic this weekendMay 2, 2024 | msn.comMumbai: Builders Booked Under MOFA For Not Transferring Land Rights In Mira RoadMay 1, 2024 | prnewswire.comConstruction Partners, Inc. Completes Georgia AcquisitionMay 1, 2024 | msn.comChild dies in construction zone crash on Highway 52 in southern MinnesotaMay 1, 2024 | msn.comStony Plain Road businesses brace as Edmonton construction season loomsApril 30, 2024 | bizjournals.comDiversifying the construction supply chain: 4 ways companies can drive economic growth and resilienceSee More Headlines 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 Company Calendar Last Earnings5/10/2024Today5/28/2024Next Earnings (Estimated)8/07/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConstruction Industry Heavy construction, except building construction - contractors Sub-IndustryN/A Current SymbolNASDAQ:ROAD CUSIPN/A CIK1718227 Webwww.constructionpartners.net Phone(334) 673-9763FaxN/AEmployees4,014Year FoundedN/APrice Target and Rating Average Stock Price Target$54.00 High Stock Price Target$60.00 Low Stock Price Target$45.00 Potential Upside/Downside-11.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.17 Trailing P/E Ratio51.95 Forward P/E Ratio43.11 P/E Growth1.45Net Income$49 million Net Margins3.68% Pretax Margin4.89% Return on Equity12.00% Return on Assets4.91% Debt Debt-to-Equity Ratio0.81 Current Ratio1.64 Quick Ratio1.28 Sales & Book Value Annual Sales$1.56 billion Price / Sales2.05 Cash Flow$2.41 per share Price / Cash Flow25.23 Book Value$9.80 per share Price / Book6.20Miscellaneous Outstanding Shares52,710,000Free Float42,801,000Market Cap$3.20 billion OptionableOptionable Beta0.68 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Ned Nelson Fleming III (Age 64)Executive Chairman of the Board Mr. Fred Julius Smith III (Age 54)President, CEO & Director Comp: $1.65MMr. Gregory A. Hoffman (Age 58)Senior VP & CFO Comp: $754.78kMr. Michael Brett Armstrong (Age 62)Senior Vice President Comp: $928.59kMr. Robert P. Flowers (Age 64)Senior Vice President Comp: $947.99kMr. Todd K. Andrews (Age 61)Chief Accounting Officer Mr. Judson Ryan Brooks (Age 35)Senior Vice President of Legal More ExecutivesKey CompetitorsKBRNYSE:KBRFluorNYSE:FLRSterling InfrastructureNASDAQ:STRLGranite ConstructionNYSE:GVAGreat Lakes Dredge & DockNASDAQ:GLDDView All CompetitorsInsiders & InstitutionsCetera Advisors LLCBought 4,518 shares on 5/24/2024Ownership: 0.009%Beck Bode LLCSold 610 shares on 5/22/2024Ownership: 0.012%Comerica BankSold 32,158 shares on 5/17/2024Ownership: 0.589%Kennedy Capital Management LLCSold 82,661 shares on 5/16/2024Ownership: 0.138%California State Teachers Retirement SystemSold 1,933 shares on 5/16/2024Ownership: 0.083%View All Insider TransactionsView All Institutional Transactions ROAD Stock Analysis - Frequently Asked Questions Should I buy or sell Construction Partners stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Construction Partners in the last twelve months. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ROAD shares. View ROAD analyst ratings or view top-rated stocks. What is Construction Partners' stock price target for 2024? 4 analysts have issued 1-year target prices for Construction Partners' shares. Their ROAD share price targets range from $45.00 to $60.00. On average, they expect the company's share price to reach $54.00 in the next year. This suggests that the stock has a possible downside of 11.2%. View analysts price targets for ROAD or view top-rated stocks among Wall Street analysts. How have ROAD shares performed in 2024? Construction Partners' stock was trading at $43.52 on January 1st, 2024. Since then, ROAD shares have increased by 39.7% and is now trading at $60.78. View the best growth stocks for 2024 here. When is Construction Partners' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our ROAD earnings forecast. How were Construction Partners' earnings last quarter? Construction Partners, Inc. (NASDAQ:ROAD) announced its quarterly earnings data on Friday, May, 10th. The company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.05. The company earned $371.43 million during the quarter, compared to the consensus estimate of $363.12 million. Construction Partners had a net margin of 3.68% and a trailing twelve-month return on equity of 12.00%. The company's quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the business earned ($0.11) earnings per share. What ETFs hold Construction Partners' stock? ETFs with the largest weight of Construction Partners (NASDAQ:ROAD) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Invesco Building & Construction ETF (PKB) and First Trust Small Cap Growth AlphaDEX Fund (FYC).First Trust Small Cap Core AlphaDEX Fund (FYX). What guidance has Construction Partners issued on next quarter's earnings? Construction Partners updated its FY 2024 earnings guidance on Friday, May, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 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), RTX (RTX), Verizon Communications (VZ), Altria Group (MO), NVIDIA (NVDA) and Pfizer (PFE). When did Construction Partners IPO? Construction Partners (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 acted as the underwriters for the IPO and Imperial Capital and D.A. Davidson were co-managers. 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 (7.62%), Geneva Capital Management LLC (6.47%), Vanguard Group Inc. (4.58%), Wasatch Advisors LP (3.21%), Jennison Associates LLC (1.00%) and Mirae Asset Global Investments Co. Ltd. (0.92%). Insiders that own company stock include Craig Jennings, John L Harper, Noreen E Skelly, Stefan L Shaffer, Suntx Capital Ii Management Co and Suntx Capital Management Corp. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ROAD) was last updated on 5/29/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetCrypto 101 Media4 Cryptos BETTER than BitcoinTrue Market InsidersA once-in-a-century investment opportunityStansberry ResearchWrite this ticker symbol down…StocksToTradeMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceHe Is Giving Away BitcoinCrypto Swap ProfitsNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemWeiss RatingsElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
