NASDAQ:ROAD - Construction Partners Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $25.40
Forecasted Upside: -24.54 %
Number of Analysts: 5
Breakdown:
0 Sell Ratings
2 Hold Ratings
3 Buy Ratings
0 Strong Buy Ratings

^$33.66 As of 06/14/2021 01:00 AM ET

▲ +0.71 (2.15%)

1 month | 3 months | 12 months

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Analyst Price Target for ROAD

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$25.40

▼ -24.54% Downside Potential

This price target is based on 5 analysts offering 12 month price targets for Construction Partners in the last 3 months. The average price target is $25.40, with a high forecast of $35.00 and a low forecast of $20.00. The average price target represents a -24.54% upside from the last price of $33.66.

Buy

The current consensus among 5 contributing investment analysts is to buy stock in Construction Partners. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
4 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/22/2019

0 strong buy ratings
4 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

3/21/2020

0 strong buy ratings
4 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

6/19/2020

0 strong buy ratings
5 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

9/17/2020

0 strong buy ratings
4 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

12/16/2020

0 strong buy ratings
4 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/16/2021

0 strong buy ratings
3 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/15/2021

0 strong buy ratings
3 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/14/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/3/2021	Raymond James	Boost Price Target	Outperform	$34.00 ➝ $35.00	Low	i
2/8/2021	Raymond James	Boost Price Target	Outperform	$30.00 ➝ $34.00	Low	i
12/14/2020	DA Davidson	Boost Price Target	Neutral	$18.00 ➝ $25.00	High	i
12/14/2020	Raymond James	Boost Price Target	Outperform	$21.50 ➝ $30.00	Low	i
11/16/2020	Bank of America	Boost Price Target	Buy	$20.00 ➝ $26.00	Medium	i
9/25/2020	Bank of America	Boost Price Target	Buy	$17.00 ➝ $20.00	Medium	i
9/17/2020	Stifel Nicolaus	Initiated Coverage	Buy	$21.00	High	i
8/25/2020	Stephens	Downgrade	Overweight ➝ Equal Weight	$20.00	High	i
8/10/2020	Raymond James	Boost Price Target	Outperform	$18.00 ➝ $21.50	High	i
5/15/2020	Bank of America	Lower Price Target	Buy	$20.00 ➝ $17.00	Medium	i Rating by Michael Feniger at Bank of America Co.
5/13/2020	Imperial Capital	Lower Price Target	Outperform	$20.00 ➝ $16.00	High	i
5/12/2020	Raymond James	Downgrade	Strong-Buy ➝ Outperform	$18.00	High	i
4/9/2020	DA Davidson	Downgrade	Buy ➝ Neutral	$20.00 ➝ $18.00	Medium	i Rating by B. Thielman at DA Davidson
3/16/2020	Raymond James	Lower Price Target	Strong-Buy	$20.00 ➝ $18.00	High	i
2/10/2020	Imperial Capital	Boost Price Target	Outperform	$18.50 ➝ $20.00	Low	i Rating by E. Mally at Imperial Capital
12/11/2019	DA Davidson	Boost Price Target	Buy	$20.00	Low	i
12/11/2019	Imperial Capital	Boost Price Target	Outperform	$17.25 ➝ $18.50	Medium	i Rating by E. Mally at Imperial Capital
12/10/2019	Robert W. Baird	Boost Price Target	Outperform	$16.00 ➝ $20.00	High	i
12/6/2019	Bank of America	Initiated Coverage	Buy		High	i
8/15/2019	Imperial Capital	Reiterated Rating	Outperform ➝ Outperform	$15.50 ➝ $17.25	High	i Rating by Adam Hackel at Imperial Capital
8/12/2019	Raymond James	Boost Price Target	Strong-Buy	$15.00 ➝ $16.50	High	i Rating by Joshua Wilson at Raymond James
5/14/2019	Imperial Capital	Reiterated Rating	Outperform ➝ Outperform	$14.00 ➝ $15.50	High	i Rating by Adam Hackel at Imperial Capital
2/14/2019	Imperial Capital	Reiterated Rating	Buy	$14.00	Medium	i Rating by Adam Hackel at Imperial Capital
2/14/2019	Raymond James	Set Price Target	Buy	$14.00	Medium	i Rating by Joshua Wilson at Raymond James
12/12/2018	Raymond James	Lower Price Target	Strong-Buy ➝ Strong-Buy	$15.00 ➝ $13.00	Low	i Rating by Joshua Wilson at Raymond James
12/10/2018	Imperial Capital	Set Price Target	Buy	$14.00	Low	i Rating by Adam Hackel at Imperial Capital
11/23/2018	DA Davidson	Set Price Target	Buy	$15.00	High	i Rating by Brent Thielman at DA Davidson
11/8/2018	Imperial Capital	Lower Price Target	Outperform	$16.00 ➝ $14.00	N/A	i Rating by A. Hackel at Imperial Capital
6/29/2018	Imperial Capital	Initiated Coverage	Outperform	$16.00	Medium	i Rating by A. Hackel at Imperial Capital
5/29/2018	DA Davidson	Initiated Coverage	Buy	$14.50	High	i Rating by B. Thielman at DA Davidson
5/29/2018	Stephens	Initiated Coverage	Overweight	$15.00	High	i
5/29/2018	Raymond James	Initiated Coverage	Strong-Buy	$15.00	High	i
5/29/2018	Robert W. Baird	Initiated Coverage	Outperform	$15.00	High	i

(Data available from 6/14/2016 forward)

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 and gravel 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 founded in 2001 and is headquartered in Dothan, Alabama.

Today's Range

Now: $33.66

$32.85

$33.73

50 Day Range

MA: $31.49

$29.60

$33.70

52 Week Range

Now: $33.66

$15.46

$36.58

Volume

210,613 shs

Average Volume

371,662 shs

Market Capitalization

$1.76 billion

P/E Ratio

48.78

Dividend Yield

N/A

Beta

1.05

Frequently Asked Questions

What sell-side analysts currently cover shares of Construction Partners?

The following Wall Street sell-side analysts have issued reports on Construction Partners in the last year: Bank of America Co., DA Davidson, Raymond James, Stephens, Stifel Nicolaus, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for ROAD.

What is the current price target for Construction Partners?

5 Wall Street analysts have set twelve-month price targets for Construction Partners in the last year. Their average twelve-month price target is $25.40, suggesting a possible downside of 24.5%. Raymond James has the highest price target set, predicting ROAD will reach $35.00 in the next twelve months. Stephens has the lowest price target set, forecasting a price of $20.00 for Construction Partners in the next year.
View the latest price targets for ROAD.

What is the current consensus analyst rating for Construction Partners?

Construction Partners currently has 2 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ROAD will outperform the market and that investors should add to their positions of Construction Partners.
View the latest ratings for ROAD.

What other companies compete with Construction Partners?

Other companies that are similar to Construction Partners include KBR, Fluor, Granite Construction, Great Lakes Dredge & Dock, Sterling Construction, Aenza S.A.A., Orion Group, Williams Industrial Services Group, Empresas ICA and Hitachi.

How do I contact Construction Partners' investor relations team?

Construction Partners' physical mailing address is 290 HEALTHWEST DR. SUITE 2, DOTHAN AL, 36303. The company's listed phone number is 334-673-9763 and its investor relations email address is [email protected] The official website for Construction Partners is www.constructionpartners.net.