Construction Partners, Inc. (ROAD)
| Market Cap | 2.71B |
| Revenue (ttm) | 1.62B |
| Net Income (ttm) | 56.95M |
| Shares Out | 52.83M |
| EPS (ttm) | 1.08 |
| PE Ratio | 47.51 |
| Forward PE | 36.68 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 609,586 |
| Open | 53.16 |
| Previous Close | 52.94 |
| Day's Range | 50.80 - 53.60 |
| 52-Week Range | 24.20 - 58.65 |
| Beta | 0.66 |
| Analysts | Strong Buy |
| Price Target | 52.00 (+1.35%) |
| Earnings Date | May 10, 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 ... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ROAD stock is "Strong Buy." The 12-month stock price forecast is $52.0, which is an increase of 1.35% from the latest price.
News
Construction Partners, Inc. Announces Schedule for Fiscal 2024 Second Quarter Earnings Release and Conference Call
DOTHAN, Ala. , April 9, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maint...
Wiregrass Construction Company, Inc. Announces Planned Management Transition
Brandon Owens Succeeds John Harper as President John Harper Named as Senior Vice President of Strategic Initiatives at Construction Partners, Inc. DOTHAN, Ala. , March 25, 2024 /PRNewswire/ -- Wiregra...
Construction Partners, Inc. to Participate in the Raymond James Institutional Investors Conference
DOTHAN, Ala. , Feb. 27, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and main...
Construction Partners, Inc. Announces Fiscal 2024 First Quarter Results
Q1 Revenue up 16% Compared to Q1 FY23 Q1 Net Income of $9.8M & EPS of $0.19 Compared to $1.9M & $0.04 in Q1 FY23 Q1 Adjusted EBITDA Up 50% Compared to Q1 FY23 Company Reports Record Backlog of $1.62 B...
Construction Partners, Inc. Announces Schedule for Fiscal 2024 First Quarter Earnings Release and Conference Call
DOTHAN, Ala. , Jan. 16, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maint...
Construction Partners, Inc. Completes Acquisitions in Alabama and Georgia
CPI Enhances Presence in Existing Growth Markets: Expands Services, Adds Crews & Equipment DOTHAN, Ala. , Jan. 3, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company...
Construction Partners, Inc. Announces Fiscal 2023 Fourth Quarter and Year-End Results
FY23 Revenue Up 20%, Net Income Up 129%, Adjusted EBITDA Up 57%, Compared to FY22 Q4 Revenue up 21%, Net Income Up 136%, Adjusted EBITDA Up 76% Compared to Q4 FY22 Company Reports Record Backlog of $1...
Construction Partners, Inc. Announces Schedule for Fiscal 2023 Fourth Quarter and Full Year Earnings Release and Conference Call
DOTHAN, Ala. , Nov. 9, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and mainte...
Construction Partners, Inc. Completes Charlotte-Rock Hill Area Acquisition
Adds Three Hot-Mix Asphalt Plants in North and South Carolina DOTHAN, Ala. , Nov. 1, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infr...
Construction Partners, Inc. Announces Preliminary Fiscal 2023 Financial Results
Company Introduces Fiscal 2024 Outlook Hosts Analyst Day in New York City DOTHAN, Ala. , Oct. 4, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically ...
Construction Partners, Inc. Completes South Carolina Acquisition
Company Expands Operations in Upstate Area DOTHAN, Ala. , Oct. 2, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure...
Construction Partners, Inc. to Host Analyst Day
DOTHAN, Ala. , Sept. 5, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction ...
Construction Partners, Inc. Announces Fiscal 2023 Third Quarter Results
Record Quarterly Revenue Up 11%, Net Income Up 78%, & Adjusted EBITDA Up 50% Compared to Q3 FY2022 Company Updates FY2023 Outlook - Narrows Revenue Range and Raises Net Income & Adjusted EBITDA Ranges...
Construction Partners, Inc. Completes South Carolina Acquisition and Launches New Greenfield Market in Georgia
DOTHAN, Ala. , Aug. 1, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction a...
Construction Partners, Inc. Announces Schedule for Fiscal 2023 Third Quarter Earnings Release and Conference Call
DOTHAN, Ala. , July 13, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maint...
Construction Partners, Inc. to Participate in Two June Investor Conferences
Baird's Global Consumer, Technology & Services Investors Conference and Stifel's Cross Sector Insight Investor Conference DOTHAN, Ala. , May 31, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASD...
Construction Partners, Inc. Announces Fiscal 2023 Second Quarter Results
Revenue Up 34% Compared to Q2 FY2022 Record Backlog of $1.52 Billion Company Raises FY2023 Outlook Ranges DOTHAN, Ala. , May 5, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" o...
Construction Partners, Inc. Completes Alabama Acquisition
Transaction Enhances Company's Presence in Huntsville Market DOTHAN, Ala. , May 1, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civ...
Construction Partners, Inc. Announces Schedule for Fiscal 2023 Second Quarter Earnings Release and Conference Call
Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern st...
Construction Partners, Inc. Announces Planned Management Transition
Greg Hoffman to Succeed Alan Palmer as Chief Financial Officer DOTHAN, Ala. , March 6, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI", the "Company" or "Construction Partners")...
Construction Partners, Inc. Announces Fiscal 2023 First Quarter Results
Revenue Up 20% Compared to Q1 FY2022 Record Backlog of $1.47 Billion Company Raises Mid-Point of FY2023 Outlook Ranges DOTHAN, Ala. , Feb. 9, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ...
Construction Partners, Inc. Announces Schedule for Fiscal 2023 First Quarter Earnings Release and Conference Call
DOTHAN, Ala. , Jan. 13, 2023 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maint...
Construction Partners, Inc. Completes North Carolina Acquisition
Adds Platform Company for Western North Carolina Enters Charlotte Metro Area DOTHAN, Ala. , Dec. 2, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertical...
Construction Partners, Inc. Announces Fiscal 2022 Fourth Quarter and Year-End Results
Revenue Up 43%, Net Income Up 6%, Adjusted EBITDA Up 23%, Compared to FY2021 Q4 Adjusted EBITDA Up 45% Compared to Q4 FY2021 Company Reports Record Backlog of $1.41 Billion Announces FY2023 Outlook Ra...
Construction Partners, Inc. Enters Nashville, TN Metro Area
Company Acquires 3 Hot-Mix Asphalt Plants DOTHAN, Ala. , Nov. 21, 2022 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company" or "CPI"), a vertically integrated civil infrastructure...