Construction Partners, Inc. (ROAD)
NASDAQ: ROAD · Real-Time Price · USD
99.98
+3.13 (3.23%)
At close: Nov 22, 2024, 4:00 PM
104.97
+4.99 (4.99%)
After-hours: Nov 22, 2024, 4:43 PM EST
Construction Partners Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ROAD stock have an average target of 71.5, with a low estimate of 55 and a high estimate of 92. The average target predicts a decrease of -28.49% from the current stock price of 99.98.
Analyst Consensus: Buy
* Price targets were last updated on Oct 22, 2024.
Analyst Ratings
The average analyst rating for ROAD stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $68 → $92 | Hold | Maintains | $68 → $92 | -7.98% | Oct 22, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $50 → $55 | Hold | Maintains | $50 → $55 | -44.99% | Aug 13, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $69 → $72 | Strong Buy | Maintains | $69 → $72 | -27.99% | Aug 12, 2024 |
| Stifel | Stifel | Strong Buy Maintains $61 → $67 | Strong Buy | Maintains | $61 → $67 | -32.99% | Aug 12, 2024 |
| Baird | Baird | Hold Maintains $50 → $60 | Hold | Maintains | $50 → $60 | -39.99% | May 13, 2024 |
Financial Forecast
Revenue This Year
1.86B
from 1.56B
Increased by 18.96%
Revenue Next Year
2.53B
from 1.86B
Increased by 36.02%
EPS This Year
1.35
from 0.94
Increased by 44.01%
EPS Next Year
1.94
from 1.35
Increased by 43.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.7B | 3.0B |
| Avg | 1.9B | 2.5B | 2.8B |
| Low | 1.8B | 2.4B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.5% | 43.7% | 18.9% |
| Avg | 19.0% | 36.0% | 12.6% |
| Low | 14.3% | 28.9% | 5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.41 | 2.26 | 3.05 |
| Avg | 1.35 | 1.94 | 2.47 |
| Low | 1.27 | 1.69 | 2.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 49.7% | 66.8% | 57.0% |
| Avg | 44.0% | 43.3% | 27.6% |
| Low | 35.5% | 24.5% | 8.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.