Q1 Earnings Forecast for ROAD Issued By DA Davidson

Construction Partners, Inc. (NASDAQ:ROAD) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Construction Partners in a research report issued on Tuesday, November 26th. DA Davidson analyst B. Thielman forecasts that the company will earn $0.22 per share for the quarter. DA Davidson has a “Neutral” rating and a $55.00 price objective 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 the consensus estimate of $538.04 million. Construction Partners had a net margin of 3.78% and a return on equity of 13.15%. Construction Partners’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.59 EPS.

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

Construction Partners Trading Up 1.6 %

NASDAQ ROAD opened at $101.14 on Thursday. The company has a market cap 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. Construction Partners has a twelve month low of $39.79 and a twelve month high of $102.57. The company has a quick ratio of 1.30, a current ratio of 1.60 and a debt-to-equity ratio of 0.82. The business’s fifty day moving average is $80.92 and its 200 day moving average is $66.65.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC increased its stake in shares of Construction Partners by 24.4% in the 3rd quarter. GAMMA Investing LLC now owns 873 shares of the company’s stock valued at $61,000 after acquiring an additional 171 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of Construction Partners by 2.1% during the second quarter. Arizona State Retirement System now owns 12,270 shares of the company’s stock valued at $677,000 after acquiring an additional 257 shares in the last quarter. KBC Group NV grew its position in 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 during the period. nVerses Capital LLC lifted its stake in shares of Construction Partners by 19.0% in the third quarter. nVerses Capital LLC now owns 2,500 shares of the company’s stock valued at $174,000 after buying an additional 400 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in shares of Construction Partners by 8.7% during the third quarter. Benjamin Edwards Inc. now owns 7,419 shares of the company’s stock valued at $518,000 after buying an additional 594 shares during the last quarter. 94.83% of the stock is owned by institutional investors.

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.