Date | Price Target | Rating | Analyst |
---|---|---|---|
3/28/2024 | $59.00 | Buy → Neutral | Sidoti |
2/12/2024 | $46.00 → $50.00 | Outperform → Neutral | Robert W. Baird |
8/19/2022 | $25.00 → $35.00 | Strong Buy | Raymond James |
6/1/2022 | Buy | Sidoti | |
5/11/2022 | $30.00 → $25.00 | Outperform → Strong Buy | Raymond James |
1/18/2022 | $35.00 → $30.00 | Outperform | raymond james |
1/7/2022 | $40.00 → $34.00 | Neutral → Buy | BofA Securities |
11/19/2021 | $37.00 → $43.00 | Buy → Neutral | B of A Securities |
Company Expands into Mobile, Alabama DOTHAN, Ala., Sept. 10, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ:ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired John G. Walton Construction Company, Inc., headquartered in Mobile, Alabama. In connection with the transaction, the Company added a hot-mix asphalt plant and related crews and equipment serving the greater Mobile and southwestern Alabama market area. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to announce today's a
Revenue Up 22.7% Compared to Q3 FY23 Net Income Up 42.4% Compared to Q3 FY23 Adjusted EBITDA Up 30.5% Compared to Q3 FY23 Record Backlog of $1.86 Billion Company Raises FY24 Outlook DOTHAN, Ala., Aug. 9, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ:ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today reported financial and operating results for its fiscal third quarter ended June 30, 2024. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to report strong third quarter results representing substant
Company Expands into Columbus Metro Area DOTHAN, Ala., Aug. 1, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ:ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired Robinson Paving Company, headquartered in Columbus, Georgia. In connection with the transaction, the Company added three hot-mix asphalt plants and related crews and equipment located in Columbus and the surrounding area. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to announce today's acquisition and to w
SC 13D/A - Construction Partners, Inc. (0001718227) (Subject)
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SC 13G/A - Construction Partners, Inc. (0001718227) (Subject)
4 - Construction Partners, Inc. (0001718227) (Issuer)
4 - Construction Partners, Inc. (0001718227) (Issuer)
4 - Construction Partners, Inc. (0001718227) (Issuer)
8-K - Construction Partners, Inc. (0001718227) (Filer)
10-Q - Construction Partners, Inc. (0001718227) (Filer)
8-K - Construction Partners, Inc. (0001718227) (Filer)
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 integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced preliminary financial results for fiscal year 2023 and has introduced fiscal year 2024 outlook ranges that will be discussed during today's Analyst Day event in New York City. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We finished our fiscal year last week with strong operational performance across our foot
Revenue Up 22.7% Compared to Q3 FY23 Net Income Up 42.4% Compared to Q3 FY23 Adjusted EBITDA Up 30.5% Compared to Q3 FY23 Record Backlog of $1.86 Billion Company Raises FY24 Outlook DOTHAN, Ala., Aug. 9, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ:ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today reported financial and operating results for its fiscal third quarter ended June 30, 2024. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to report strong third quarter results representing substant
DOTHAN, Ala., July 8, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ:ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it will release its fiscal 2024 third quarter results on August 9, 2024, before the market opens. In addition, the Company has scheduled a conference call to discuss its results at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on that date. The conference call may be accessed by phone or webcast, as follows: By Phone: Dial (412) 902-0003 at least 10 minutes before the call. A replay will be available through August 16,
Q2 Revenue Up 14% Compared to Q2 FY23 Q2 Adjusted EBITDA Up 45% Compared to Q2 FY23 Record Backlog of $1.79 Billion Company Raises FY24 Outlook DOTHAN, Ala., May 10, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ:ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today reported financial and operating results for its fiscal second quarter ended March 31, 2024. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to report a strong second quarter in the slowest winter quarter of our seasonal business, achievi
Sidoti downgraded Construction Partners from Buy to Neutral and set a new price target of $59.00
Robert W. Baird downgraded Construction Partners from Outperform to Neutral and set a new price target of $50.00 from $46.00 previously
Raymond James resumed coverage of Construction Partners with a rating of Strong Buy and set a new price target of $35.00 from $25.00 previously
Construction Partners (NASDAQ:ROAD) has outperformed the market over the past 5 years by 19.93% on an annualized basis producing an average annual return of 33.52%. Currently, Construction Partners has a market capitalization of $3.03 billion. Buying $1000 In ROAD: If an investor had bought $1000 of ROAD stock 5 years ago, it would be worth $4,252.92 today based on a price of $57.36 for ROAD at the time of writing. Construction Partners's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benz
Construction Partners's (NYSE:ROAD) short percent of float has risen 15.79% since its last report. The company recently reported that it has 2.01 million shares sold short, which is 5.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.96 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short i