Construction Partners, Inc. (NASDAQ:ROAD – Free Report) – Stock analysts at DA Davidson issued their Q2 2025 EPS estimates for Construction Partners in a note issued to investors on Wednesday, February 12th. DA Davidson analyst B. Thielman forecasts that the company will post earnings per share of ($0.06) for the quarter. DA Davidson has a “Neutral” rating and a $95.00 price target on the stock. The consensus estimate for Construction Partners’ current full-year earnings is $1.95 per share. DA Davidson also issued estimates for Construction Partners’ FY2026 earnings at $2.41 EPS.
A number of other brokerages have also recently commented on ROAD. Robert W. Baird increased their target price on shares of Construction Partners from $100.00 to $102.00 and gave the company a “neutral” rating in a research report on Monday. Raymond James reduced their target price on Construction Partners from $112.00 to $104.00 and set a “strong-buy” rating on the stock in a research report on Thursday, January 16th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Construction Partners has a consensus rating of “Moderate Buy” and an average target price of $85.40.
Construction Partners Stock Performance
NASDAQ ROAD opened at $80.60 on Thursday. The stock’s 50 day simple moving average is $88.85 and its 200-day simple moving average is $79.32. Construction Partners has a 1-year low of $45.22 and a 1-year high of $103.69. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.54 and a quick ratio of 1.26. The company has a market cap of $4.50 billion, a PE ratio of 61.06, a price-to-earnings-growth ratio of 1.25 and a beta of 0.74.
Construction Partners (NASDAQ:ROAD – Get Free Report) last issued its quarterly earnings results on Thursday, November 21st. The company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.01). The company had revenue of $538.16 million during the quarter, compared to analysts’ expectations of $538.04 million. Construction Partners had a return on equity of 12.90% and a net margin of 3.78%. Construction Partners’s revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.59 EPS.
Insiders Place Their Bets
In other news, Director Charles E. Owens sold 49,695 shares of Construction Partners stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $100.81, for a total value of $5,009,752.95. Following the completion of the transaction, the director now owns 130,291 shares in the company, valued at approximately $13,134,635.71. This trade represents a 27.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Todd Keith Andrews sold 5,489 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $91.84, for a total transaction of $504,109.76. Following the transaction, the chief accounting officer now owns 17,394 shares of the company’s stock, valued at $1,597,464.96. This trade represents a 23.99 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 139,225 shares of company stock worth $13,904,358 over the last three months. Company insiders own 16.36% of the company’s stock.
Hedge Funds Weigh In On Construction Partners
Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in Construction Partners by 24.4% in the third quarter. GAMMA Investing LLC now owns 873 shares of the company’s stock valued at $61,000 after acquiring an additional 171 shares in the last quarter. Creative Planning boosted its holdings in Construction Partners by 22.8% in the 3rd quarter. Creative Planning now owns 7,060 shares of the company’s stock valued at $493,000 after purchasing an additional 1,311 shares in the last quarter. NBC Securities Inc. grew its holdings in Construction Partners by 36.9% during the third quarter. NBC Securities Inc. now owns 4,927 shares of the company’s stock worth $343,000 after acquiring an additional 1,327 shares during the period. nVerses Capital LLC grew its stake in shares of Construction Partners by 19.0% during the 3rd quarter. nVerses Capital LLC now owns 2,500 shares of the company’s stock worth $174,000 after purchasing an additional 400 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in Construction Partners by 47.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 207,422 shares of the company’s stock valued at $14,478,000 after buying an additional 67,150 shares in the last quarter. 94.83% of the stock is currently owned by hedge funds and other institutional investors.
Construction Partners Company Profile
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.
Read More
- Five stocks we like better than Construction Partners
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Honeywell’s Breakup: Is HON Stock a Sweet Deal for Investors?
- Options Trading – Understanding Strike Price
- PayPal: Time to Strike With Shares Down Double Digits?
- P/E Ratio Calculation: How to Assess Stocks
- Lattice Semiconductor’s Market Reset Is Over: The Rebound Begins
Receive News & Ratings for Construction Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Construction Partners and related companies with MarketBeat.com's FREE daily email newsletter.