Construction Partners, Inc. (ROAD)

Market Cap	1.59B
Revenue (ttm)	1.44B
Net Income (ttm)	21.69M
Shares Out	52.75M
EPS (ttm)	0.41
PE Ratio	73.32
Forward PE	21.46
Dividend	n/a
Ex-Dividend Date	n/a

Volume	186,282
Open	28.82
Previous Close	28.34
Day's Range	28.82 - 30.09
52-Week Range	18.89 - 32.98
Beta	0.91
Analysts	Strong Buy
Price Target	31.67 (+5.36%)
Earnings Date	May 5, 2023

About ROAD

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 constr...

• Industry: Engineering & Construction
• Sector: Industrials
• IPO Date: May 4, 2018
• Employees: 4,000
• Stock Exchange: NASDAQ
• Ticker Symbol: ROAD

Financial Performance

In 2022, ROAD's revenue was $1.30 billion, an increase of 42.93% compared to the previous year's $910.74 million. Earnings were $21.38 million, an increase of 5.94%.

Analyst Forecast

According to 3 analysts, the average rating for ROAD stock is "Strong Buy." The 12-month stock price forecast is $31.67, which is an increase of 5.36% from the latest price.

Price Target

$31.67

(5.36% upside)

Analyst Consensus: Strong Buy