Construction Partners (NASDAQ:ROAD) Stock Price Up 6.9% After Better-Than-Expected Earnings

Construction Partners, Inc. (NASDAQ:ROAD) traded up 6.9% during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $123.65 and last traded at $122.6350. 552,061 shares traded hands during trading, an increase of 22% from the average session volume of 452,357 shares. The stock had previously closed at $114.77.

The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.16. Construction Partners had a return on equity of 14.42% and a net margin of 3.62%.The business had revenue of $809.47 million for the quarter, compared to analyst estimates of $740.14 million. During the same period in the previous year, the company posted $0.25 earnings per share. The firm’s revenue for the quarter was up 44.1% on a year-over-year basis.

Key Headlines Impacting Construction Partners

Here are the key news stories impacting Construction Partners this week:

• Positive Sentiment: Earnings beat: Q1 EPS of $0.47 topped the consensus $0.31, driven by improved margins versus prior year. Construction Partners (ROAD) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Revenue and profitability acceleration: Q1 revenue of $809.47M beat estimates (~$740M) and rose ~44% YoY; adjusted net income and adjusted EBITDA increased substantially (reported +99% and +63% respectively). Press Release
• Positive Sentiment: Backlog and outlook: Company reported a record backlog of $3.09B and raised its FY‑2026 revenue outlook (guidance cited in the release at roughly $3.5B–$3.6B), supporting near‑term revenue visibility. Press Release
• Neutral Sentiment: Management commentary available — the full Q1 earnings call transcript provides color on margin drivers, backlog composition and execution plans; useful for gauging sustainability of the beat. Earnings Call Transcript
• Neutral Sentiment: Previews and coverage ahead of the print summarized analyst focus areas (margin sustainability, bid activity in Sunbelt markets). These pieces add context but no new company disclosures. Earnings Preview
• Negative Sentiment: Guidance detail gap: while revenue outlook was raised, EPS guidance was not clearly provided (company materials left EPS guidance unspecified), which may leave some investors seeking clearer forward margin/earnings cadence. Earnings Release / Call

Wall Street Analyst Weigh In

ROAD has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Construction Partners in a research note on Monday, December 29th. Zacks Research raised shares of Construction Partners from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, January 29th. Bank of America decreased their price target on shares of Construction Partners from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. B. Riley assumed coverage on shares of Construction Partners in a research report on Thursday, January 15th. They set a “neutral” rating and a $117.00 price objective for the company. Finally, DA Davidson reissued a “neutral” rating and set a $120.00 target price on shares of Construction Partners in a research report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $122.20.

Institutional Investors Weigh In On Construction Partners

Institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its holdings in shares of Construction Partners by 14.4% in the 1st quarter. AQR Capital Management LLC now owns 10,333 shares of the company’s stock worth $743,000 after buying an additional 1,302 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Construction Partners by 11.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,191 shares of the company’s stock worth $6,913,000 after acquiring an additional 9,656 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of Construction Partners by 11.4% during the first quarter. Intech Investment Management LLC now owns 24,292 shares of the company’s stock valued at $1,746,000 after acquiring an additional 2,482 shares during the period. Strs Ohio acquired a new stake in shares of Construction Partners in the 1st quarter valued at $165,000. Finally, Janney Montgomery Scott LLC bought a new stake in shares of Construction Partners in the 2nd quarter worth about $802,000. 94.83% of the stock is owned by institutional investors and hedge funds.

Construction Partners Stock Up 11.2%

The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 69.75, a PEG ratio of 1.08 and a beta of 0.87. The business’s 50-day moving average is $111.31 and its 200-day moving average is $114.03. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.34 and a current ratio of 1.61.

Construction Partners Company Profile

Construction Partners, Inc (NASDAQ: ROAD) is a specialty contractor and infrastructure solutions provider focused on road building, paving, site development and aggregate production. The company delivers a comprehensive suite of civil construction services, including roadway paving and milling, site grading and preparation, stormwater and utility installation, and full-scale asphalt plant operations. By integrating materials production with contracting capabilities, the firm aims to streamline project delivery and maintain quality control across its contracting and materials businesses.

At the heart of Construction Partners’ operations are its network of asphalt plants, quarries and aggregate production facilities.