Construction Partners, Inc. (NASDAQ:ROAD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Construction Partners, Inc. (NASDAQ:ROAD) have earned an average rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $134.1667.

Several research analysts have recently commented on the company. Robert W. Baird lowered their price target on Construction Partners from $169.00 to $145.00 and set an “outperform” rating for the company in a research report on Wednesday, July 1st. Raymond James Financial cut their price objective on Construction Partners from $161.00 to $150.00 and set a “strong-buy” rating on the stock in a report on Wednesday, July 15th. Zacks Research lowered Construction Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 16th. Truist Financial started coverage on Construction Partners in a report on Wednesday, June 3rd. They set a “hold” rating and a $130.00 target price for the company. Finally, Weiss Ratings lowered shares of Construction Partners from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th.

Construction Partners Stock Performance

NASDAQ:ROAD opened at $119.74 on Tuesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.21 and a current ratio of 1.53. The stock has a market capitalization of $6.77 billion, a P/E ratio of 46.96, a PEG ratio of 1.01 and a beta of 0.89. The company has a 50 day moving average price of $109.58 and a 200 day moving average price of $116.53. Construction Partners has a fifty-two week low of $93.42 and a fifty-two week high of $151.00.

Construction Partners (NASDAQ:ROAD) last posted its earnings results on Friday, August 7th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.07. The firm had revenue of $999.42 million during the quarter, compared to the consensus estimate of $948.77 million. Construction Partners had a net margin of 3.90% and a return on equity of 15.22%. The firm’s revenue for the quarter was up 28.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 EPS. Equities research analysts forecast that Construction Partners will post 2.91 EPS for the current year.

Institutional Investors Weigh In On Construction Partners

Large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp acquired a new stake in Construction Partners in the 2nd quarter valued at about $78,248,000. Capital World Investors increased its stake in shares of Construction Partners by 97.5% during the fourth quarter. Capital World Investors now owns 856,696 shares of the company’s stock worth $92,994,000 after buying an additional 423,033 shares during the period. Invesco Ltd. raised its holdings in Construction Partners by 23.7% in the fourth quarter. Invesco Ltd. now owns 1,481,914 shares of the company’s stock valued at $160,862,000 after acquiring an additional 284,082 shares in the last quarter. Fifth Third Bancorp lifted its stake in Construction Partners by 30,525.8% in the first quarter. Fifth Third Bancorp now owns 239,800 shares of the company’s stock worth $26,647,000 after acquiring an additional 239,017 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Construction Partners by 29.6% in the 1st quarter. First Trust Advisors LP now owns 1,030,378 shares of the company’s stock valued at $114,496,000 after purchasing an additional 235,616 shares during the last quarter. 94.83% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Construction Partners

Here are the key news stories impacting Construction Partners this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Fiscal Q3 EPS was $1.08, above analyst estimates ranging from $1.01 to $1.06 and up from $0.81 a year earlier. Revenue reached $999.4 million, surpassing expectations of approximately $948.8 million and increasing 28.2% year over year. Construction Partners Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Profitability improved materially. Adjusted net income rose 34% from the prior-year quarter, while adjusted EBITDA increased 24%, suggesting that revenue growth is translating into stronger operating performance. Construction Partners Fiscal 2026 Third Quarter Results
• Positive Sentiment: Backlog reached a record $3.36 billion. The backlog provides visibility into future work and supports the investment case for continued growth in upcoming quarters. Construction Partners Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management raised fiscal 2026 revenue guidance to $3.6 billion-$3.7 billion, with the range slightly above the roughly $3.6 billion analyst consensus. Construction Partners Q3 2026 Earnings
• Neutral Sentiment: Management discussed the quarterly performance and updated outlook during the earnings call, giving investors additional context on execution and future growth. Construction Partners Q3 2026 Earnings Call Transcript

About Construction Partners

Construction Partners, Inc (NASDAQ: ROAD) is a specialty contractor and infrastructure solutions provider focused on road building, paving, site development and aggregate production. The company delivers a comprehensive suite of civil construction services, including roadway paving and milling, site grading and preparation, stormwater and utility installation, and full-scale asphalt plant operations. By integrating materials production with contracting capabilities, the firm aims to streamline project delivery and maintain quality control across its contracting and materials businesses.

At the heart of Construction Partners’ operations are its network of asphalt plants, quarries and aggregate production facilities.