Construction Partners, Inc. (ROAD)

Market Cap	2.81B
Revenue (ttm)	1.66B
Net Income (ttm)	61.31M
Shares Out	52.83M
EPS (ttm)	1.17
PE Ratio	45.49
Forward PE	34.51
Dividend	n/a
Ex-Dividend Date	n/a

Volume	250,726
Open	53.18
Previous Close	53.64
Day's Range	52.57 - 53.67
52-Week Range	27.96 - 62.35
Beta	0.71
Analysts	Strong Buy
Price Target	55.33 (+3.97%)
Earnings Date	Jul 31, 2024

About 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 ...

• Industry: Engineering & Construction
• Sector: Industrials
• IPO Date: May 4, 2018
• Employees: 4,014
• Stock Exchange: NASDAQ
• Ticker Symbol: ROAD

Financial Performance

In 2023, ROAD's revenue was $1.56 billion, an increase of 20.12% compared to the previous year's $1.30 billion. Earnings were $49.00 million, an increase of 129.23%.

Analyst Forecast

According to 3 analysts, the average rating for ROAD stock is "Strong Buy." The 12-month stock price forecast is $55.33, which is an increase of 3.97% from the latest price.

Price Target

$55.33

(3.97% upside)

Analyst Consensus: Strong Buy