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ROAD

Construction Partners Inc

ROAD

42.19USD+0.94 (+2.28%)Delayed
Watchlist

Market Summary

USD42.19+0.94
Delayed
2.28%

ROAD Alerts

  • Big jump in Earnings (Y/Y)

ROAD Stock Price

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ROAD RSI Chart

ROAD Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

44.62

Price/Sales (Trailing)

1.4

EV/EBITDA

21.97

Price/Free Cashflow

36.84

ROAD Price/Sales (Trailing)

ROAD Profitability

EBT Margin

2.00%

Return on Equity

4.79%

Return on Assets

1.9%

Free Cashflow Yield

2.71%

ROAD Fundamentals

ROAD Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

20.86%

Revenue Q/Q

12.59%

ROAD Earnings

Earnings (TTM)

49.0M

Earnings Y/Y

135.71%

Earnings Q/Q

42.61%

Price Action

Last 7 days

0.5%

Last 30 days

6.8%

Last 90 days

20.7%

Trailing 12 Months

54.7%

How does ROAD drawdown profile look like?

ROAD Financial Health

Current Ratio

1.8

ROAD Investor Care

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

0.94

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.4B1.5B1.6B0
20221.1B1.2B1.3B1.4B
2021811.7M856.3M910.7M1.0B
2020808.6M798.4M785.7M801.3M
2019729.4M761.6M783.2M804.2M
2018624.2M652.1M680.1M684.0M
201700568.2M596.2M

Latest Insider Trading transactions for ROAD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 01, 2023
suntx capital management corp.
acquired
-
-
100,000
-
Dec 01, 2023
suntx capital management corp.
back to issuer
-
-
-67,318
-
Dec 01, 2023
suntx capital management corp.
back to issuer
-
-
-132,682
-
Oct 02, 2023
andrews todd keith
sold (taxes)
-22,411
36.56
-613
chief accounting officer
Oct 02, 2023
armstrong michael brett
sold (taxes)
-33,452
36.56
-915
senior vice president
Oct 02, 2023
harper john l
sold (taxes)
-37,474
36.56
-1,025
senior vice president
Oct 02, 2023
brooks judson ryan
sold (taxes)
-23,910
36.56
-654
senior vice president, legal
Oct 02, 2023
smith fred julius iii
sold (taxes)
-63,248
36.56
-1,730
president and ceo
Oct 02, 2023
flowers robert p.
sold (taxes)
-20,546
36.56
-562
senior vice president

1–10 of 50

Which funds bought or sold ROAD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-36.17
-182,936
530,120
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
16.99
206,348
775,511
-%
Nov 22, 2023
Graham Capital Management, L.P.
new
-
223,820
223,820
-%
Nov 21, 2023
COMERICA BANK
added
2,716
12,604,400
12,606,400
0.07%
Nov 16, 2023
Creative Planning
added
1.41
37,874
246,963
-%
Nov 15, 2023
Divisadero Street Capital Management, LP
new
-
5,666,800
5,666,800
1.79%
Nov 15, 2023
Virtu Financial LLC
sold off
-100
-244,000
-
-%
Nov 15, 2023
JANE STREET GROUP, LLC
reduced
-76.75
-925,958
343,956
-%
Nov 15, 2023
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
1.83
2,000
16,000
-%
Nov 15, 2023
MANUFACTURERS LIFE INSURANCE COMPANY, THE
added
21.61
213,763
727,178
-%

1–10 of 48

Latest Funds Activity

Are funds buying ROAD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ROAD
No. of Funds

Schedule 13G FIlings of Construction Partners Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 11, 2023
fleming ned n. iv
0.8%
349,328
SC 13D
Feb 14, 2023
suntx capital management corp.
5.7%
2,513,717
SC 13G/A
Feb 14, 2023
kayne anderson rudnick investment management llc
10.43%
4,310,440
SC 13G/A
Feb 10, 2023
geneva capital management llc
6.6%
2,714,052
SC 13G/A
Feb 09, 2023
vanguard group inc
5.03%
2,079,111
SC 13G
Feb 08, 2023
wasatch advisors inc
-
0
SC 13G/A
Jan 31, 2023
blackrock inc.
7.2%
2,978,459
SC 13G/A
Jan 18, 2023
conestoga capital advisors, llc
13.2%
5,458,251
SC 13G/A
May 09, 2022
kayne anderson rudnick investment management llc
11.59%
4,775,394
SC 13G/A
Feb 14, 2022
kayne anderson rudnick investment management llc
7.43%
3,026,270
SC 13G/A

Recent SEC filings of Construction Partners Inc

View All Filings
Date Filed Form Type Document
Dec 07, 2023
8-K
Current Report
Dec 05, 2023
4
Insider Trading
Nov 29, 2023
10-K
Annual Report
Nov 29, 2023
8-K
Current Report
Nov 01, 2023
8-K
Current Report
Oct 04, 2023
4
Insider Trading
Oct 04, 2023
4
Insider Trading
Oct 04, 2023
4
Insider Trading
Oct 04, 2023
4
Insider Trading
Oct 04, 2023
4
Insider Trading

ROAD Fair Value

Loading...

Peers (Alternatives to Construction Partners Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
134.2B
65.4B
6.86% 40.69%
596.62
1.75
14.76% 276.64%
132.1B
66.6B
9.60% 12.45%
15.8
1.98
17.59% 23.71%
36.0B
6.5B
6.43% 11.19%
28.16
5.54
7.68% 12.63%
32.7B
33.3B
5.08% -4.79%
12.6
0.98
27.29% 25.35%
12.5B
14.4B
16.81% 7.72%
225.27
0.87
9.36% -82.19%
MID-CAP
7.1B
6.9B
12.84% 61.57%
47.49
1.04
15.17% 127.27%
6.4B
15.4B
9.25% 9.86%
37.87
0.42
16.49% 218.18%
5.1B
4.2B
3.27% 27.19%
20.58
1.2
19.99% 192.01%
3.8B
2.2B
15.48% 33.01%
13.11
1.69
-1.69% 185.56%
2.2B
1.7B
3.61% 28.49%
16.82
1.36
13.29% 45.45%
SMALL-CAP
1.7B
1.3B
41.46% -48.88%
35.79
1.32
-33.72% -55.64%
744.0M
56.2M
-27.18% -68.88%
-0.72
13.24
40.31% -43.40%
557.6M
527.6M
-5.47% 12.27%
16.41
1.06
14.23% 56.70%
280.9M
119.9M
22.96% 200.00%
-11.54
2.34
-35.41% 42.21%
88.9M
94.5M
45.11% -0.37%
-4.75
0.94
-10.30% -26446.48%

Construction Partners Inc News

Latest updates
Defense World08 Dec 202305:14 am9 hours ago
한국경제07 Dec 202309:43 pm17 hours ago
Defense World06 Dec 202309:34 am2 days ago
Investing.com Türkiye01 Dec 202302:38 pm7 days ago
Investing.com France01 Dec 202302:33 pm7 days ago
Investing.com Italia01 Dec 202302:33 pm7 days ago
Yahoo Finance01 Dec 202310:25 am7 days ago
InvestorsObserver29 Nov 202306:33 pm8 days ago
Zacks Investment Research29 Nov 202303:56 pm8 days ago
Zacks Investment Research28 Nov 202305:04 pm9 days ago
Nasdaq28 Nov 202304:28 pm9 days ago
Nasdaq28 Nov 202308:00 am10 days ago
Nasdaq28 Nov 202308:00 am10 days ago
Nasdaq27 Nov 202308:00 am11 days ago
Defense World22 Nov 202306:14 am16 days ago

Financials for Construction Partners Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue12.6%475422325342393380243285279262179191225217169175237227164154216
Gross Profit17.9%76.0064.0026.0030.0050.0044.0012.0033.0035.0037.0018.0031.0041.0037.0020.0024.0039.0038.0020.0021.0034.00
  S&GA Expenses2.4%33.0032.0032.0030.0031.0027.0025.0025.0024.0023.0024.0020.0018.0017.0017.0017.0018.0016.0015.0014.0015.00
EBITDA Margin---0.06*0.06*0.07*0.07*0.07*0.08*0.08*0.10*0.11*0.12*0.11*0.11*0.11*0.11*0.11*0.11*0.10*0.12*0.12*
Interest Expenses100.0%--5.04-4.80-3.96-3.52-2.05-0.86-1.26-1.07-0.57-0.30-0.47-0.42-0.57-1.83-0.28-0.35-0.61-0.38-0.51-0.31
Income Taxes44.0%10.007.00-1.471.004.004.00-2.892.003.005.00-1.513.006.005.001.001.006.005.001.002.005.00
Earnings Before Taxes-100.0%-29.00-6.952.0017.0016.00-12.307.0010.0014.00-6.4511.0024.0020.002.007.0022.0022.005.006.0020.00
EBT Margin---0.02*0.02*0.02*0.02*0.02*0.03*0.03*0.05*0.06*0.07*0.07*0.06*0.06*0.07*0.07*0.07*0.06*0.08*0.09*
Net Income42.6%31.0022.00-5.482.0013.0012.00-9.426.008.009.00-4.938.0018.0016.002.005.0017.0017.004.005.0015.00
Net Income Margin---0.02*0.01*0.02*0.01*0.01*0.02*0.02*0.03*0.04*0.05*0.05*0.05*0.05*0.05*0.06*0.05*0.05*0.07*0.07*
Free Cashflow----11.92-2.7810.00-30.55-15.73-15.6822.00-5.75-14.75-9.7543.0024.008.00-22.0527.001.00-8.31-6.1933.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets3.0%1,2201,1841,1411,1291,0961,020938873807767616604628574548525532509476468496
  Current Assets7.3%473441406401417389314299300373233229332276246235280259230241267
    Cash Equivalents-10.6%49.0055.0031.0043.0036.0026.0031.0044.0057.0013434.0052.0014879.0054.0049.0081.0060.0062.0092.0099.00
  Inventory-4.8%84.0088.0086.0080.0074.0077.0070.0058.0054.0051.0046.0042.0039.0039.0042.0036.0034.0037.0033.0029.0025.00
  Net PPE0.5%505503503498481454455429405297290285237237240230206202198179179
  Goodwill1.3%15915716316012912538.0012185.0078.0077.0077.0046.0046.000.0045.0039.002.0037.0033.00-
Liabilities0.1%703703688670640590522455398368227211243207197175188183168163197
  Current Liabilities15.9%279241225203226204163143158152126108136126114103128131113105135
    LT Debt, Current7.1%15.0014.0014.0013.0013.0013.0010.0010.0010.0010.0013.0013.0013.0010.008.009.008.0015.0015.0015.0015.00
    LT Debt, Non Current-11.0%36140540941336334131727420618973.0076.0079.0056.0057.0049.0042.0037.0041.0044.0048.00
Shareholder's Equity7.4%517481453459456431415417409400389393385367351349344326309305299
  Retained Earnings14.4%24621519419919718417218117616815916415613812212111699.0082.0078.0073.00
  Additional Paid-In Capital1.1%267264262259257254252250249247246245245245244244243243242242242
Shares Outstanding-100.0%-52.0052.0052.00-52.0052.0052.00-52.0052.0051.0051.0051.0051.0051.0051.0051.0051.0051.0039.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations28.2%62,61548,84616,81228,88426,219-13,0153,871-57739,1666,9361,68970953,75930,79918,9291,68637,31112,6644,0881,21142,461
  Share Based Compensation4.1%2,8502,7372,6922,4802,9061,8481,7421,5041,3471,347460395395390390395811146---
Cashflow From Investing-15.6%-24,734-21,403-26,565-70,670-38,719-18,430-59,903-80,274-133,882-19,065-16,409-94,056-10,180-6,260-22,433-40,490-13,877-11,229-30,049-5,070-7,302
Cashflow From Financing-1300.0%-43,750-3,125-3,12549,73621,87526,30043,50067,46117,499112,848-3,250-3,25026,0423627,8557,628-2,463-3,698-3,695-3,711-11,205
  Buy Backs----139---39.00-------------

ROAD Income Statement

2023-09-30
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]   
Revenues$ 1,563,548$ 1,301,674$ 910,739
Cost of revenues1,367,1631,162,372790,803
Gross profit196,385139,302119,936
General and administrative expenses(126,947)(107,562)(91,878)
Gain on sale of property, plant and equipment7,0483,6732,043
Gain on facility exchange5,38900
Operating income81,87535,41330,101
Interest expense, net(17,346)(7,701)(2,404)
Other income875600819
Income before provision for income taxes and earnings from investment in joint venture65,40428,31228,516
Provision for income taxes16,4036,9158,349
Earnings (loss) from investment in joint venture0(21)10
Net income49,00121,37620,177
Other comprehensive income (loss), net of tax   
Unrealized gain (loss) on interest rate swap contract, net1,29718,091(23)
Unrealized (loss) on restricted investments, net(223)(448)0
Other comprehensive income (loss), net1,07417,643(23)
Comprehensive income$ 50,075$ 39,019$ 20,154
Net income per share attributable to common stockholders:   
Basic (in dollars per share)$ 0.95$ 0.41$ 0.39
Diluted (in dollars per share)$ 0.94$ 0.41$ 0.39
Weighted average number of common shares outstanding:   
Basic (in shares)51,827,00151,773,55951,636,955
Diluted (in shares)52,260,20651,957,42051,773,213

ROAD Balance Sheet

2023-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Sep. 30, 2022
Current assets:  
Cash and cash equivalents$ 48,243$ 35,531
Restricted cash83728
Contracts receivable including retainage, net303,704265,207
Costs and estimated earnings in excess of billings on uncompleted contracts27,29629,271
Inventories84,03874,195
Prepaid expenses and other current assets9,30612,957
Total current assets473,424417,189
Property, plant and equipment, net505,095481,412
Operating lease right-of-use assets14,48513,985
Goodwill159,270129,465
Intangible assets, net19,52015,976
Investment in joint venture8787
Restricted investments15,0796,866
Other assets32,70530,541
Total assets1,219,6651,095,521
Current liabilities:  
Accounts payable151,406130,468
Billings in excess of costs and estimated earnings on uncompleted contracts78,90552,477
Current portion of operating lease liabilities2,3382,209
Current maturities of long-term debt15,00012,500
Accrued expenses and other current liabilities31,53428,484
Total current liabilities279,183226,138
Long-term liabilities:  
Long-term debt, net of current maturities and deferred debt issuance costs360,740363,066
Operating lease liabilities, net of current portion12,64912,059
Deferred income taxes, net37,12126,713
Other long-term liabilities13,39811,666
Total long-term liabilities423,908413,504
Total liabilities703,091639,642
Commitments and contingencies
Stockholders’ Equity:  
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2023 and September 30, 2022 and no shares issued and outstanding00
Additional paid-in capital267,330256,571
Accumulated other comprehensive income, net18,69417,620
Retained earnings246,275197,274
Total stockholders’ equity516,574455,879
Total liabilities and stockholders’ equity1,219,6651,095,521
Class A Common Stock  
Stockholders’ Equity:  
Common stock, value4441
Treasury stock(178)(39)
Class B Common Stock  
Stockholders’ Equity:  
Common stock, value1215
Treasury stock$ (15,603)$ (15,603)
ROAD
Construction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. The company, through its subsidiaries, provides various products and services to public and private infrastructure projects, with a focus on highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; paving activities, including the construction of roadway base layers and application of asphalt pavement; site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel, and construction stones that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was incorporated in 1999 and is headquartered in Dothan, Alabama.
 CEO
 WEBSITEwww.constructionpartners.net
 EMPLOYEES4000

Construction Partners Inc Frequently Asked Questions


What is the ticker symbol for Construction Partners Inc? What does ROAD stand for in stocks?

ROAD is the stock ticker symbol of Construction Partners Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Construction Partners Inc (ROAD)?

As of Thu Dec 07 2023, market cap of Construction Partners Inc is 2.19 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ROAD stock?

You can check ROAD's fair value in chart. The fair value of Construction Partners Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Construction Partners Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ROAD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Construction Partners Inc a good stock to buy?

The fair value guage provides a quick view whether ROAD is over valued or under valued. Whether Construction Partners Inc is cheap or expensive depends on the assumptions which impact Construction Partners Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ROAD.

What is Construction Partners Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, ROAD's PE ratio (Price to Earnings) is 44.62 and Price to Sales (PS) ratio is 1.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ROAD PE ratio will change depending on the future growth rate expectations of investors.