Construction Partners Stock Today
| ROAD Stock | USD 50.03 1.28 2.49% |
Performance10 of 100
| Odds Of DistressLess than 2
|
Construction Partners is trading at 50.03 as of the 19th of April 2024, a -2.49 percent decrease since the beginning of the trading day. The stock's lowest day price was 49.16. Construction Partners has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Construction Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 4th of May 2018 | Category Industrials |
Construction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. Construction Partners, Inc. was incorporated in 1999 and is headquartered in Dothan, Alabama. The company has 43.83 M outstanding shares of which 2.2 M shares are at this time shorted by private and institutional investors with about 5.77 trading days to cover. More on Construction Partners
Moving together with Construction Stock
| 0.76 | J | Jacobs Solutions Financial Report 14th of May 2024 | PairCorr |
| 0.89 | DY | Dycom Industries Financial Report 22nd of May 2024 | PairCorr |
| 0.64 | ESOA | Energy Services Downward Rally | PairCorr |
| 0.89 | WLDN | Willdan Group Financial Report 2nd of May 2024 | PairCorr |
Moving against Construction Stock
| 0.8 | VATE | Innovate Corp | PairCorr |
| 0.78 | NVEE | NV5 Global Financial Report 2nd of May 2024 | PairCorr |
| 0.53 | GLFH | Galenfeha | PairCorr |
| 0.48 | EXPO | Exponent Earnings Call This Week | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 3rd of May 2024
Construction Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Construction Partners' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Construction Partners or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Charles Owens | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Construction (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction & Engineering, Engineering & Construction, Industrials, NASDAQ Composite, Construction, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Construction Partners report their recommendations after researching Construction Partners' financial statements, talking to executives and customers, or listening in on Construction Partners' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Construction Partners. The Construction consensus assessment is calculated by taking the average forecast from all of the analysts covering Construction Partners. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Construction Partners' liquidity, profitability, solvency, and operating efficiency, Construction Partners is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in May. Financial strength of Construction Partners is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Construction Partners' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Construction Partners' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Construction Partners' financial leverage. It provides some insight into what part of Construction Partners' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Construction Partners (ROAD) is traded on NASDAQ Exchange in USA. It is located in 290 Healthwest Drive, Dothan, AL, United States, 36303 and employs 1,146 people. Construction Partners is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Construction Partners's market, we take the total number of its shares issued and multiply it by Construction Partners's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Construction Partners conducts business under Construction & Engineering sector and is part of Industrials industry. The entity has 43.83 M outstanding shares of which 2.2 M shares are at this time shorted by private and institutional investors with about 5.77 trading days to cover.
Construction Partners currently holds about 26.08 M in cash with 157.16 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5.
Check Construction Partners Probability Of Bankruptcy
Ownership AllocationConstruction Partners retains a total of 43.83 Million outstanding shares. The majority of Construction Partners outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Construction Partners to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Construction Partners. Please pay attention to any change in the institutional holdings of Construction Partners as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Construction Ownership Details
Construction Stock Price Odds Analysis
What are Construction Partners' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Construction Partners jumping above the current price in 90 days from now is about 48.92%. The Construction Partners probability density function shows the probability of Construction Partners stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.677 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Construction Partners will likely underperform. Additionally, construction Partners has an alpha of 0.2394, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Construction Partners to move above the current price in 90 days from now is about 48.92 (This Construction Partners probability density function shows the probability of Construction Stock to fall within a particular range of prices over 90 days) .
Construction Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Construction Partners that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Construction Partners' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Construction Partners' value.| Instituion | Recorded On | Shares | |
| American Century Companies Inc | 2023-12-31 | 679.7 K | |
| Fmr Inc | 2023-12-31 | 633.9 K | |
| Natixis Advisors, Llc. | 2023-12-31 | 629.5 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 623.8 K | |
| Wasatch Advisors Inc. | 2023-12-31 | 586.9 K | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 569.1 K | |
| Loomis, Sayles & Company Lp | 2023-12-31 | 565.7 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 536.9 K | |
| Jennison Associates Llc | 2023-12-31 | 526.7 K | |
| Conestoga Capital Advisors, Llc | 2023-12-31 | 4.5 M | |
| Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 3.7 M |
Construction Partners Historical Income Statement
Construction Partners Income Statement is one of the three primary financial statements used for reporting Construction's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Construction Partners revenue and expense. Construction Partners Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Construction Partners' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 20.9 M, whereas Net Interest Income is projected to grow to (14.8 M). View More FundamentalsConstruction Stock Against Markets
Picking the right benchmark for Construction Partners stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Construction Partners stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Construction Partners is critical whether you are bullish or bearish towards Construction Partners at a given time. Please also check how Construction Partners' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Construction Partners without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Construction Partners Corporate Directors
Construction Partners corporate directors refer to members of a Construction Partners board of directors. The board of directors generally takes responsibility for the Construction Partners' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Construction Partners' board members must vote for the resolution. The Construction Partners board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Craig Jennings | Director | Profile | |
| Stefan Shaffer | Independent Director | Profile | |
| Michael McKay | Independent Director | Profile | |
| Noreen Skelly | Independent Director | Profile |
How to buy Construction Stock?
Before investing in Construction Partners, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Construction Partners. To buy Construction Partners stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Construction Partners. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Construction Partners stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Construction Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Construction Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Construction Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Construction Stock please use our How to Invest in Construction Partners guide.
Already Invested in Construction Partners?
The danger of trading Construction Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Construction Partners is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Construction Partners. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Construction Partners is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.Note that the Construction Partners information on this page should be used as a complementary analysis to other Construction Partners' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Construction Stock analysis
When running Construction Partners' price analysis, check to measure Construction Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Construction Partners is operating at the current time. Most of Construction Partners' value examination focuses on studying past and present price action to predict the probability of Construction Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Construction Partners' price. Additionally, you may evaluate how the addition of Construction Partners to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Construction Partners' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Construction Partners. If investors know Construction will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Construction Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.196 | Earnings Share 1.09 | Revenue Per Share 31.214 | Quarterly Revenue Growth 0.16 | Return On Assets 0.0487 |
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.