Construction Partners (ROAD) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Construction Partners (ROAD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
The mean of analysts' price targets for Construction Partners (ROAD) points to a 33.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 1,500 | $166,571.75 | $154,005 | -$12,566.75 | -7.54% |
| CE Curtis Ellergodt Rothschild Investment LLC | 83 | $6,784.41 | $8,521.61 | $1,737.2 | 25.61% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1 | $108.55 | $101.25 | -$7.3 | -6.73% |
Vaughan Nelson Vaughan Nelson Investment Management LP | 402,390 | $43.71M | $41.79M | -$1.91M | -4.38% |
| BG Bart Gancher Intech Investment Management LLC | 14,196 | $1.26M | $1.44M | $181,064.59 | 14.43% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Andrew Wittmann Baird | 1,644.65 | $208,418.2 | $175,764 | -$32,654.2 | -15.67% |
| PTB Patrick Tyler Brown Raymond James | 775.39 | $80,532.52 | $80,532.52 | - | - |
| Construction & Engineering Industry | Industrials Sector | Fred J. Smith CEO | NASDAQ (NGS) Exchange | 21044C107 CUSIP |
| US Country | 6,412 Employees | - Last Dividend | - Last Split | 4 May 2018 IPO Date |
Construction Partners, Inc. is a prominent civil infrastructure company that focuses on the construction and maintenance of roadways across several states in the Southeastern U.S., including Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. Originally known as SunTx CPI Growth Company, Inc., it underwent a name change to Construction Partners, Inc. in September 2017, marking a new chapter in its journey since its founding in 2007. Based in Dothan, Alabama, the company plays a crucial role in facilitating public and private infrastructure projects, covering an extensive range of developments from highways and bridges to airports and residential areas. Its operations extend beyond construction, delving into the production and distribution of construction materials and the provision of key services essential for infrastructure development. The diverse capabilities of Construction Partners, Inc. reflect its commitment to supporting the growth and maintenance of essential infrastructure in the regions it serves.
Construction Partners, Inc. is renowned for its construction and maintenance of roadways, which includes highways, roads, bridges, airports, and both commercial and residential developments. Specializing in large-scale public and private infrastructure projects, the company leverages its expertise and resources to ensure the durability and reliability of essential transport networks.
The company also engages in the manufacturing and distribution of hot mix asphalt (HMA) for both internal use in construction projects and sales to third parties. This aspect of its operations showcases its integrated approach, combining material production with construction services to enhance efficiency and control over project delivery.
Its services encompass paving activities, which involve the construction of roadway base layers and the application of asphalt pavement. This ensures that roadways are not only constructed to high standards but also receive the necessary finishing touches that contribute to their longevity and performance.
Construction Partners, Inc. undertakes comprehensive site development tasks, including the installation of essential utility and drainage systems. This preparatory work is crucial for laying the groundwork for further construction activities, ensuring that projects are built on solid foundations.
The company is involved in mining aggregates, such as sand, gravel, and construction stones. These materials are pivotal as they serve as basic raw materials in the production of hot mix asphalt and other construction materials, underlining the company’s self-sufficient and integrated model.
In addition to solid materials, Construction Partners, Inc. also distributes liquid asphalt cement. This product is used internally and sold to third parties for the production of hot mix asphalt, highlighting the company’s role in supplying essential materials for infrastructural projects.