Construction Partners (ROAD)

• Market cap: $4.09B
• 1 day: -4.94%
• 5 days: -6.27%
• 1 month: -21.34%
• 3 months: -24.51%
• 6 months: 18.38%
• Year to date: -16.75%
• 1 year: 58.83%
• 5 years: 315.63%
• 10 years: 504.21%
• Sector: Industrials
• Industry: Heavy Construction Other Than Building Construction Contractors

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 Q4 regulatory filings by fund managers ($100M+ AUM)

443% more call options, than puts

Call options by funds: $2.11M | Put options by funds: $388K

115% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 26

31% more capital invested

Capital invested by funds: $3.12B [Q3] → $4.09B (+$964M) [Q4]

8% more funds holding

Funds holding: 256 [Q3] → 277 (+21) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 7 (+0) [Q4]

3.78% less ownership

Funds ownership: 102.16% [Q3] → 98.38% (-3.78%) [Q4]

21% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 109

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $95 30% upside
• Avg. target: $100 37% upside
• High target: $104 42% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

Baird Andrew Wittmann 53% 1-year accuracy 17 / 32 met price target	40% upside $102	Neutral Maintained	10 Feb 2025
DA Davidson Brent Thielman 72% 1-year accuracy 34 / 47 met price target	30% upside $95	Neutral Maintained	30 Jan 2025
Raymond James Patrick Tyler Brown 65% 1-year accuracy 26 / 40 met price target	42% upside $104	Strong Buy Maintained	16 Jan 2025