This summary was created by AI, based on 1 opinions in the last 12 months.
Construction Partners Inc., with the symbol ROAD, has received positive reviews from experts for its efficient and high-quality infrastructure work. The recent acquisition has boosted its growth rate and revenue forecast, despite being a bit expensive. The company has a strong backlog and management, and specializes in markets across the U.S. sunbelt, making it a valuable infrastructure play with a great business profile.
Construction Partners is a American stock, trading under the symbol ROAD-Q on the NASDAQ (ROAD). It is usually referred to as NASDAQ:ROAD or ROAD-Q
In the last year, there was no coverage of Construction Partners published on Stockchase.
Construction Partners was recommended as a Top Pick by on . Read the latest stock experts ratings for Construction Partners.
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In the last year, there was no coverage of Construction Partners published on Stockchase.
On 2024-11-20, Construction Partners (ROAD-Q) stock closed at a price of $91.31.
They do basic work such as fixing roads and bridges and they do it very very well. This is good as an infrastructure play since money has to be spent on infrastructure projects. Recently it did a very big acquisition, $800 000 which is 20% of its market cap, but the market likes it a lot. This has accelerated the growth rate and boosted the revenue forecast. It is not cheap but has a great business profile. good backlog, good management and makes good acquisitions. It specializes in markets throughout the U.S. sunbelt. Buy 3 Hold 2 Sell 0
(Analysts’ price target is $91.67)