Construction PartnersROAD
About: Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.
Employees: 4,920
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
466% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $223K
122% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 23
75% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 7 (+3) [Q3]
24% more capital invested
Capital invested by funds: $2.51B [Q2] → $3.12B (+$613M) [Q3]
10% more funds holding
Funds holding: 232 [Q2] → 255 (+23) [Q3]
1.49% less ownership
Funds ownership: 103.61% [Q2] → 102.12% (-1.49%) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 92
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Raymond James Patrick Tyler Brown 57% 1-year accuracy 21 / 37 met price target | 15%upside $104 | Strong Buy Maintained | 16 Jan 2025 |
Baird Andrew Wittmann 81% 1-year accuracy 25 / 31 met price target | 2%upside $92 | Neutral Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 9 articles about ROAD published over the past 30 days
