Research Analysts Offer Predictions for ROAD Q1 Earnings

Construction Partners, Inc. (NASDAQ:ROAD) – Analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Construction Partners in a research report issued to clients and investors on Tuesday, November 26th. DA Davidson analyst B. Thielman anticipates that the company will post earnings of $0.22 per share for the quarter. DA Davidson has a “Neutral” rating and a $55.00 price target on the stock. The consensus estimate for Construction Partners’ current full-year earnings is $1.91 per share. DA Davidson also issued estimates for Construction Partners’ FY2025 earnings at $1.92 EPS and FY2026 earnings at $2.15 EPS.

Construction Partners (NASDAQ:ROAD) last issued its quarterly earnings data on Thursday, November 21st. The company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.01). The company had revenue of $538.16 million during the quarter, compared to analyst estimates of $538.04 million. Construction Partners had a return on equity of 13.15% and a net margin of 3.78%. During the same quarter in the prior year, the company posted $0.59 earnings per share. The business’s revenue was up 13.3% compared to the same quarter last year.

Several other equities research analysts also recently issued reports on ROAD. Stifel Nicolaus increased their target price on Construction Partners from $61.00 to $67.00 and gave the stock a “buy” rating in a research note on Monday, August 12th. Raymond James increased their price target on shares of Construction Partners from $69.00 to $72.00 and gave the stock a “strong-buy” rating in a research report on Monday, August 12th. Finally, Robert W. Baird raised their price objective on shares of Construction Partners from $68.00 to $92.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.00.

Construction Partners Stock Up 1.6 %

NASDAQ:ROAD opened at $101.14 on Thursday. Construction Partners has a 52 week low of $39.79 and a 52 week high of $102.57. The stock’s fifty day moving average is $80.32 and its two-hundred day moving average is $66.41. The stock has a market capitalization of $5.34 billion, a price-to-earnings ratio of 76.62, a price-to-earnings-growth ratio of 1.24 and a beta of 0.65. The company has a quick ratio of 1.30, a current ratio of 1.60 and a debt-to-equity ratio of 0.82.

Institutional Investors Weigh In On Construction Partners

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC increased its stake in shares of Construction Partners by 24.4% during the third quarter. GAMMA Investing LLC now owns 873 shares of the company’s stock worth $61,000 after buying an additional 171 shares during the period. KBC Group NV raised its holdings in shares of Construction Partners by 35.0% in the 3rd quarter. KBC Group NV now owns 1,417 shares of the company’s stock valued at $99,000 after purchasing an additional 367 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in shares of Construction Partners by 55.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,831 shares of the company’s stock worth $101,000 after purchasing an additional 653 shares in the last quarter. nVerses Capital LLC purchased a new position in Construction Partners in the second quarter valued at $116,000. Finally, Public Employees Retirement Association of Colorado purchased a new stake in Construction Partners during the 2nd quarter worth about $162,000. Institutional investors and hedge funds own 94.83% of the company’s stock.

About Construction Partners

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.