Construction Partners (ROAD) VP adds 55 ESPP shares to holdings
Robert G. Baugnon, Senior VP of Personnel and Administration at Construction Partners, Inc. (ROAD), acquired 55 shares of Class A common stock on April 2, 2026, at $92.27 per share through the company’s Employee Stock Purchase Plan. This transaction increased his direct holdings to 24,602 shares, which includes 4,839 restricted shares with time-based vesting. The acquisition is noted as a routine, compensation-related increase rather than an open-market purchase, and Baugnon retains sole voting power over his restricted shares.
A Look At Construction Partners (ROAD) Valuation After A Recent Share Price Pullback
Construction Partners (ROAD) has seen a recent share price pullback of -17.39% over one month, yet its one-year return is 47.77%, highlighting fading short-term momentum against a strong long-term trend. Despite a fair value estimate of $137.86 suggesting undervaluation, ROAD's current P/E ratio of 52.3x is significantly higher than the industry average, raising concerns about sentiment outrunning fundamentals. The article advises investors to weigh these factors, including potential risks from dependence on public infrastructure funding and Sunbelt concentration.
B.Riley upgrades Construction Partners stock rating on valuation By Investing.com
B.Riley upgraded Construction Partners Inc. (NASDAQ:ROAD) from Neutral to Buy, increasing its price target to $135 due to a valuation entry point created by a 20% stock decline amidst concerns over crude oil prices and the Iran conflict. The firm maintains its fiscal 2026 and 2027 EBITDA estimates and notes improved visibility for the next Surface Transportation bill, which could significantly increase funding. The company also reported strong Q1 2026 earnings, exceeding analyst expectations, and announced an acquisition and a new stock repurchase program.
B.Riley upgrades Construction Partners stock rating on valuation
B.Riley upgraded Construction Partners (NASDAQ:ROAD) from Neutral to Buy, raising its price target to $135. The upgrade reflects a valuation entry point due to a 20% stock decline amid crude oil price concerns related to the Iran conflict. The firm maintains its fiscal 2026 and 2027 EBITDA estimates, with the price target based on projected fiscal 2027 EBITDA multiples, and notes improved visibility on a potential $500-$600 billion Surface Transportation bill.
Construction Partners acquires Four Star Paving in Nashville
Construction Partners Inc. (NASDAQ:ROAD) has acquired Four Star Paving LLC, a commercial paving contractor in Nashville, Tennessee, aiming to strengthen its vertical integration and expand operations. The acquisition follows a strong financial performance for Construction Partners, with 51.74% return over the past year and significant revenue growth. Despite the positive outlook, InvestingPro analysis indicates the stock may be overvalued relative to its fair value.
Construction Partners (NASDAQ: ROAD) expands with Four Star Paving Nashville acquisition
Construction Partners, Inc. (NASDAQ: ROAD) has acquired Four Star Paving, LLC, a commercial paving contractor in the Nashville, Tennessee metro area. This acquisition, which integrates Four Star into Construction Partners’ Tennessee platform company, Pavement Restorations, Inc., aims to strengthen vertical integration, expand regional capabilities, and enhance construction capacity to support growth in middle Tennessee. Four Star Paving has over 20 years of experience serving municipal, industrial, and commercial customers.
Construction Partners Announces Nasdaq Texas Dual Listing
Construction Partners, Inc. (ROAD) announced a dual listing of its Class A common stock on Nasdaq Texas, set to begin trading on March 30, 2026, while maintaining its primary listing on The Nasdaq Global Select Market. This strategic move aims to enhance market visibility, improve stock liquidity, and attract a broader investor base, particularly given the company's strong shareholder support and positive analyst outlook. The construction firm, with a market capitalization of approximately $6.2 billion, anticipates benefiting from increased exposure and trading volumes, further strengthening its position in public markets amidst rising infrastructure investments in the U.S.
Construction Partners, Inc. $ROAD Shares Sold by JPMorgan Chase & Co.
JPMorgan Chase & Co. significantly reduced its stake in Construction Partners (NASDAQ:ROAD) by 37.0% in the third quarter, selling over 52,000 shares. Despite this, Construction Partners reported strong quarterly earnings, beating analyst estimates with $0.47 EPS and a 44.1% revenue increase year-over-year. Analysts maintain a "Moderate Buy" consensus rating for the company, with a target price of $127.80.
Construction Partners Announces Dual Listing on Nasdaq Texas
Construction Partners (ROAD) announced a dual listing of its Class A common stock on Nasdaq Texas, effective March 30, 2026, while maintaining its primary listing on The Nasdaq Global Select Market. This move aims to expand market presence and liquidity for shareholders. The company also reelected two Class II directors and ratified its accounting firm during its annual meeting.
Construction Partners Announces Dual Listing on Nasdaq Texas
Construction Partners (ROAD) announced a dual listing of its Class A common stock on Nasdaq Texas, effective March 30, 2026, while maintaining its primary listing on The Nasdaq Global Select Market. This move is anticipated to broaden the stock's market presence and enhance liquidity. Shareholders also reelected two directors and ratified RSM US LLP as the company’s independent registered public accounting firm at their annual meeting.
Construction Partners (NASDAQ: ROAD) reelects board members, adds Nasdaq Texas listing
Construction Partners, Inc. (NASDAQ: ROAD) announced that stockholders reelected Craig Jennings and Mark R. Matteson as Class II directors and ratified RSM US LLP as their independent registered public accounting firm. The company also declared a dual listing of its Class A common stock on Nasdaq Texas, LLC, commencing trading on March 30, 2026, while maintaining its primary listing on The Nasdaq Global Select Market.
Vanguard disaggregates holdings after realignment — Construction Partners (NASDAQ: ROAD)
The Vanguard Group has filed an amended Schedule 13G/A, reporting 0 shares of Construction Partners Inc. common stock following an internal realignment on January 12, 2026. This realignment means that certain Vanguard subsidiaries will now report their holdings separately. The filing clarifies that Vanguard itself no longer beneficially owns these shares, with individual subsidiaries to disclose their positions in future filings.
HWG Holdings LP Cuts Position in Construction Partners, Inc. $ROAD
HWG Holdings LP significantly reduced its stake in Construction Partners, Inc. (NASDAQ:ROAD) by 74.6% in the fourth quarter. Despite this reduction, major institutional investors like Invesco, State Street, First Trust, American Century, and Ameriprise have increased their holdings, with institutional ownership now at 94.83%. Construction Partners reported strong Q4 results, surpassing analyst expectations for EPS and revenue, and currently holds a "Moderate Buy" rating with an average target price of $127.80.
Construction Partners, Inc. Hits Day Low of $103.76 Amid Price Pressure
Construction Partners, Inc. experienced a significant 10.72% decline, hitting an intraday low of $103.76, contrasting with the S&P 500's performance. Despite recent short-term challenges, the company has demonstrated strong long-term growth, with its stock value increasing by 44.92% over the past year and an impressive 301.38% over three years. Financially, Construction Partners maintains a robust position with a healthy EBIT to Interest ratio and significant growth in net sales and operating profit.
Why Construction Partners (ROAD) Is Down 7.9% After Middle East Energy Shock Hits Industrial Stocks – And What's Next
Construction Partners (ROAD) experienced a 7.9% stock drop due to rising Middle East tensions and higher energy prices impacting industrial stocks. While fuel costs are a short-term risk for this road-building company, its investment narrative is supported by steady infrastructure work, a sizable backlog, and increased share repurchase authorization. Investors are advised to consider various perspectives and company fundamentals, including revenue and earnings forecasts, which project a significant upside despite the current market volatility.
A Look At Construction Partners (ROAD) Valuation After Earnings Beat And Record US$3.09b Backlog
Construction Partners (ROAD) reported strong Q1 results with a 44.1% revenue increase and a record US$3.09 billion project backlog. Despite these positive indicators, the stock has experienced a recent pullback, sparking debate about whether it's an entry point or already fully valued. Simply Wall St's analysis suggests the company is 14.9% undervalued with a fair value of $137.86, though its high P/E ratio of 54.3x presents a valuation risk.
Construction Partners, Inc. Experiences Revision in Stock Evaluation Amid Mixed Market Signals
Construction Partners, Inc. has undergone a stock evaluation revision amidst mixed technical indicators. Despite some bearish and mildly bullish signals, the company has shown strong performance with a 4.99% YTD return and a 65.34% return over the past year, significantly outperforming the S&P 500. The stock currently trades at $113.97, reflecting notable volatility.
Construction Partners, Inc. $ROAD Shares Sold by Natixis Advisors LLC
Natixis Advisors LLC reduced its holdings in Construction Partners, Inc. (NASDAQ:ROAD) by 25.7% in the third quarter, selling 115,546 shares but still retaining a significant stake worth approximately $42.4 million. Despite this, other major institutional investors, including First Trust Advisors LP, Bank of New York Mellon Corp, and Jump Financial LLC, substantially increased their positions in the company. Construction Partners reported strong quarterly earnings, surpassing analyst expectations with an EPS of $0.47 and a 44.1% year-over-year revenue increase to $809.47 million.
Construction Partners, Inc. (NASDAQ:ROAD) Given Average Recommendation of "Moderate Buy" by Brokerages
Construction Partners, Inc. (NASDAQ:ROAD) has received an average recommendation of "Moderate Buy" from seven brokerages, with an average 12-month price target of $127.80. The company recently surpassed earnings estimates, reporting $0.47 EPS against $0.31 expected and revenues of $809.5M versus $740.1M, marking a 44.1% year-over-year increase. Shares opened down approximately 6% at $118.09, with a market capitalization of $6.67 billion and strong institutional ownership at nearly 94.83%.
Is It Too Late To Consider Construction Partners (ROAD) After Its Strong Multi Year Rally
Construction Partners (ROAD) has seen significant stock gains over the past three years but recent analysis suggests it may be overvalued. A Discounted Cash Flow (DCF) model indicates the stock is about 25.9% overvalued, with an intrinsic value of $99.77 compared to its current price of US$125.63. Additionally, the company's P/E ratio of 58.17x is higher than the construction industry average and its proprietary "Fair Ratio" of 40.37x, further suggesting overvaluation.
Construction Partners, Inc. announces an Equity Buyback for $50 million worth of its shares.
Construction Partners, Inc. (NasdaqGS:ROAD) has announced an equity buyback program of up to $50 million of its class A common stock. The program aims to offset the dilutive effect of equity incentive awards and to repurchase shares opportunistically. This buyback program is set to be valid until September 30, 2028.
CI Investments Inc. Has $19.34 Million Position in Construction Partners, Inc. $ROAD
CI Investments Inc. has reduced its stake in Construction Partners, Inc. by 11.4%, now holding 152,283 shares valued at $19.34 million. Despite the institutional trimming, Construction Partners reported strong Q3 earnings, beating estimates with $0.47 EPS and $809.5 million in revenue, leading to a "Moderate Buy" consensus rating from analysts with an average price target of $127.80. The company's stock trades near $135.25 with a P/E ratio of 61.48, and institutional investors collectively own 94.83% of its shares.
Construction Partners, Inc. $ROAD Stock Position Lifted by Legato Capital Management LLC
Legato Capital Management LLC significantly increased its stake in Construction Partners (NASDAQ:ROAD) by 131.7%, bringing its total holdings to 27,343 shares valued at approximately $3.47 million. Institutional investors now own 94.83% of the company's stock. Analysts rate ROAD as a "Moderate Buy" with an average price target of $127.80, while the company recently reported strong quarterly earnings, beating expectations with $0.47 EPS and $809.5 million in revenue.
Construction Partners, Inc. $ROAD Shares Sold by Quantbot Technologies LP
Quantbot Technologies LP significantly reduced its stake in Construction Partners (NASDAQ:ROAD) by 41.4% in the third quarter, while other institutional investors like Telligent Fund LP and MAI Capital Management either purchased new stakes or increased their holdings. Despite this, Construction Partners reported strong quarterly earnings, beating expectations with EPS of $0.47 and revenue of $809.47 million, a 44.1% year-over-year increase. The company's stock currently trades at $136.66 with a market cap of $7.72 billion, and analysts have a "Moderate Buy" consensus rating.
What Construction Partners (ROAD)'s New US$50 Million Buyback Plan Means For Shareholders
Construction Partners (ROAD) announced a new US$50 million share buyback plan running until September 2028, aimed at offsetting equity award dilution and enabling opportunistic repurchases. This decision aligns with the company's "ROAD 2030" growth ambitions and its ongoing capital allocation strategy, which includes raised revenue and net income guidance for FY2026. The buyback expands on previous efforts but underscores the company's reliance on public infrastructure spending for future growth.
HighTower Advisors LLC Trims Holdings in Construction Partners, Inc. $ROAD
HighTower Advisors LLC significantly reduced its stake in Construction Partners, Inc. (NASDAQ:ROAD) by 59.2% in the third quarter. Despite this, Construction Partners reported strong earnings, beating analyst expectations with $0.47 EPS and $809.47 million in revenue. The stock maintains a "Moderate Buy" consensus rating from analysts, with 94.8% institutional ownership.
Taking A Fresh Look At Construction Partners (ROAD) Valuation After Recent Share Price Moves
Construction Partners (ROAD) is currently trading at $114.77, which Simply Wall St considers undervalued with a narrative fair value of $126.43, primarily due to its concentration in high-growth Sunbelt regions and effective vertical integration. However, the company's high P/E ratio of 63.7x, significantly above the industry average, suggests potential risks if growth or margins do not meet expectations. The article encourages investors to conduct their own research and consider alternative investment opportunities.
ROAD SEC Filings - Constr Partners 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides comprehensive access to Construction Partners, Inc. (ROAD) SEC filings, including 10-K, 10-Q, and 8-K reports, crucial for investors to understand the company's financial and operational performance. The platform offers real-time updates from EDGAR and AI-powered summaries to simplify complex regulatory documents, along with details on insider transactions, voting agreements, and acquisition announcements. It also includes current stock price and market capitalization data for Construction Partners.
What Construction Partners (ROAD)'s New US$50 Million Buyback Plan Means For Shareholders
Construction Partners (ROAD) announced a new US$50 million share repurchase program for Class A common stock, effective from March 5, 2026, through September 30, 2028. This plan aims to offset equity award dilution and allow for opportunistic buybacks, supporting the company's "ROAD 2030" growth strategy. The buyback aligns with increased FY2026 revenue and net income guidance and builds on previous repurchase efforts.
Construction Partners authorizes $50 million stock repurchase program By Investing.com
Construction Partners Inc. has announced a new stock repurchase program valued at up to $50 million for its Class A common stock. This program aims to minimize dilution from equity incentive plans and opportunistically repurchase shares, beginning after the current program expires on March 5, 2026, and running through September 30, 2028. The announcement comes as the company's shares are trading near their 52-week high, following strong financial results for Q1 fiscal year 2026.
Construction Partners (NASDAQ: ROAD) sets new $50M stock buyback through 2028
Construction Partners, Inc. (NASDAQ: ROAD) has authorized a new stock repurchase program of up to $50 million of its Class A common stock, effective through September 30, 2028, upon the expiration of the current program. The company plans to use these repurchases to offset dilution from equity incentive awards and to buy shares opportunistically. The program provides flexibility but does not obligate the company to repurchase a specific amount of shares, with actual timing and value determined by a board committee based on market conditions and other factors.
Construction Partners authorizes $50 million stock repurchase program
Construction Partners, Inc. has announced a new $50 million stock repurchase program for its Class A common stock, effective after the current program expires on March 5, 2026, and running through September 30, 2028. This move aims to minimize dilution from equity incentive plans and allows opportunistic repurchases. The company also recently reported strong financial results for Q1 fiscal year 2026, surpassing analyst expectations for EPS and revenue, leading to an increased price target from DA Davidson.
Construction Partners authorizes $50M stock repurchase program through Sept 30, 2028
Construction Partners (ROAD) has authorized a new $50 million stock repurchase program for its Class A common stock, effective after its current program expires on March 5, 2026, and running through September 30, 2028. This program aims to offset dilution from equity awards and allow for opportunistic repurchases. Repurchases can occur through open market transactions, privately negotiated transactions, or Rule 10b5-1 plans, with timing and volume dependent on market conditions and corporate factors.
A Look At Construction Partners (ROAD) Valuation After Strong Recent Share Price Momentum
Construction Partners (ROAD) has seen significant share price momentum, with returns of 22.29% over the past month and 85.18% over the past year. Despite its strong performance, the stock is currently trading slightly above its narrative fair value of $133.29, suggesting it might be 0.8% overvalued. The company's ongoing vertical integration and increasing scale are expected to support higher net margins, but potential risks include cuts to public infrastructure funding or rising labor and material costs.
Telligent Fund LP Invests $1.02 Million in Construction Partners, Inc. $ROAD
Telligent Fund LP has invested $1.02 million in Construction Partners, Inc. (NASDAQ:ROAD) by acquiring 8,000 shares. This purchase contributes to institutional investors now owning nearly 95% of the company's stock. The company recently reported strong Q4 results, exceeding revenue and EPS expectations, and analysts maintain a "Moderate Buy" rating with an average target price significantly below the current trading price.
Vanguard Group Inc. Has $580.23 Million Position in Construction Partners, Inc. $ROAD
Vanguard Group Inc. has significantly invested in Construction Partners, Inc. (NASDAQ:ROAD), holding 8.15% of the company's stock valued at $580.23 million despite a slight reduction in their stake. This comes as Construction Partners exceeded Q3 earnings expectations, reporting $0.47 EPS against an expected $0.31 and an impressive 44.1% year-over-year revenue increase. Analyst sentiment is generally positive for the company, maintaining a "Moderate Buy" rating with a consensus target price of $127.80.
The Bull Case For Construction Partners (ROAD) Could Change Following Raised 2026 Guidance And Buybacks - Learn Why
Construction Partners (ROAD) reported strong Q1 2026 results, raising its full-year 2026 revenue and net income guidance and completing a share repurchase program. The company's investment narrative, centered on infrastructure spending and vertical integration, is reinforced by these updates, though dependence on public funding remains a key risk. Despite varying analyst views, the company projects significant revenue and earnings growth by 2028.
A Look At Construction Partners (ROAD) Valuation After Strong Q1 Results And Upgraded Outlook
Construction Partners (ROAD) reported strong Q1 results, moving from a loss to profit, and upgraded its full-year outlook. Despite the positive performance and a significant increase in share price, Simply Wall St's narrative suggests the stock is currently 5.3% overvalued at $134.21 compared to a fair value of $127.43. The article highlights the company's operational efficiencies from vertical integration but also points out risks such as reliance on public infrastructure funding and concentration in specific US regions.
Westover Capital Advisors LLC Sells 9,655 Shares of Construction Partners, Inc. $ROAD
Westover Capital Advisors LLC significantly decreased its stake in Construction Partners, Inc. (NASDAQ:ROAD) by selling 9,655 shares, reducing its holdings by 82.9%. Despite this, Construction Partners reported strong Q3 earnings, beating analyst expectations with $0.47 EPS and revenue of $809.47 million, a 44.1% year-over-year increase. Institutional ownership remains very high at 94.83%, and analysts currently have a "Moderate Buy" rating for the stock with an average price target of $127.80.
Advisors Asset Management Inc. Raises Stock Holdings in Construction Partners, Inc. $ROAD
Advisors Asset Management Inc. significantly increased its stake in Construction Partners, Inc. (NASDAQ:ROAD) by 20.5% in the third quarter, bringing its total holdings to 82,709 shares valued at approximately $10.5 million. This comes after Construction Partners reported strong quarterly earnings, beating analyst expectations with $0.47 EPS and $809.5 million in revenue, a 44.1% year-over-year increase. Analysts currently rate the stock a "Moderate Buy" with a consensus price target of $127.80.
Construction Partners, Inc. (NASDAQ:ROAD) Receives Average Rating of "Moderate Buy" from Analysts
Construction Partners, Inc. (NASDAQ:ROAD) has received a consensus "Moderate Buy" rating from seven analysts, with an average 1-year price target of $127.80. The company recently surpassed earnings and revenue estimates, reporting $0.47 EPS and $809.47 million in revenue, an increase of 44.1% year-over-year. Despite a high valuation and significant debt, analysts project $1.96 EPS for the current fiscal year, and institutional investors hold a substantial portion of the company's stock.
Construction Partners (ROAD) Is Up 15.6% After Raising 2026 Guidance On Record Backlog And Acquisitions - Has The Bull Case Changed?
Construction Partners (ROAD) reported strong Q1 fiscal 2026 results, with revenue rising to US$809.47 million and net income improving to US$17.21 million. The company raised its full-year guidance for 2026, driven by a record multi-billion-dollar backlog and strategic acquisitions in Houston and Daytona Beach. While the stock has seen significant gains, its valuation appears rich, prompting investors to consider execution risks and compare multiple fair value estimates.
New York State Common Retirement Fund Has $4.31 Million Stake in Construction Partners, Inc. $ROAD
The New York State Common Retirement Fund significantly increased its stake in Construction Partners, Inc. (NASDAQ:ROAD) by 119.6% in Q3, now holding 33,957 shares valued at $4.31 million. This increase follows Construction Partners' strong Q1 results, including a 44% year-over-year revenue growth and raised FY26 outlook, despite concerns about its high valuation and debt-to-equity ratio. Analysts currently rate the stock as a "Moderate Buy."
Construction Partners (ROAD) Profit Surge Reinforces Bullish Narratives Despite Rich Valuation Concerns
Construction Partners (ROAD) reported a significant profit surge in Q1 2026, with net income of US$17.2 million and trailing 12-month EPS reaching US$2.20. While earnings grew 117.8% over the past year and revenue increased from US$1.8 billion to US$3.1 billion, the company faces concerns regarding its high P/E ratio of 59.1x, which is above industry averages and its DCF fair value. Additionally, analysts flag that earnings do not comfortably cover interest payments, posing a risk despite strong growth forecasts.
Bessemer Group Inc. Sells 46,216 Shares of Construction Partners, Inc. $ROAD
Bessemer Group Inc. has reduced its stake in Construction Partners, Inc. (NASDAQ:ROAD) by 15.9%, selling 46,216 shares. Despite this sale, the fund still holds 244,290 shares valued at approximately $31.0 million. Construction Partners recently reported strong Q1 results, with EPS of $0.47 beating estimates, revenue up 44% year-over-year, and a record backlog of $3.09 billion, leading to a raised FY-2026 revenue outlook.
Construction Partners, Inc. (NASDAQ:ROAD) Q1 2026 earnings call transcript
This document is a Q1 2026 earnings call transcript for Construction Partners, Inc. (NASDAQ:ROAD). It contains the full discussion and financial details presented during the call, offering insights into the company's performance, outlook, and operational highlights.
(ROAD) Construction Partners Expects Fiscal 2026 Revenue $3.48B to $3.56B, vs. FactSet Est of $3.45B
Construction Partners, Inc. (ROAD) expects its fiscal 2026 revenue to range between $3.48 billion and $3.56 billion. This projection surpasses FactSet's estimate of $3.45 billion. The announcement follows the company's Q1 2026 earnings call and indicates a positive outlook for the company's financial performance.
Construction Partners stock rises after outlook hike, DA Davidson lifts target to $130
Construction Partners (NASDAQ: ROAD) shares increased after DA Davidson raised its price target to $130, following a strong first quarter and a record $3.09 billion backlog. The company also raised its fiscal 2026 revenue outlook to between $3.48 billion and $3.56 billion. The growth was attributed to favorable weather, strategic acquisitions in the Sunbelt, and strong industry tailwinds, though analysts are keen on monitoring organic growth and the pace of new contract awards.
Construction Partners (ROAD) Q1 Earnings Beat Wall Street Forecasts - News and Statistics
Construction Partners Inc. (ROAD) reported strong fiscal first-quarter results, with profits of $17.2 million and adjusted earnings of 47 cents per share, surpassing Wall Street expectations. The road and highway construction company achieved revenue of $809.5 million and forecasts full-year revenue between $3.48 billion and $3.56 billion. The article also details a report on the Ready-Mix Concrete market, providing an in-depth analysis of market size, structure, trends, and forecasts for the United States, covering various product types, applications, and market segmentation.
Road builder lands $3.09B backlog after 44% revenue jump
Construction Partners (NASDAQ: ROAD) reported a strong Q1 fiscal 2026 with a 44% year-over-year revenue increase to $809.5 million and a 63% rise in Adjusted EBITDA to $112.2 million. The company achieved a record project backlog of $3.09 billion and raised its full-year 2026 guidance, reflecting significant growth and successful strategic acquisitions. Following this news, the stock saw an 11.34% surge, indicating a positive market reaction.
