(ROAD) Construction Partners - Ratings and Ratios

Construction Partners, Inc. (NASDAQ:ROAD) operates as a civil infrastructure company specializing in the construction and maintenance of roadways across seven states: Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Texas. The company provides a comprehensive range of products and services for public and private infrastructure projects, including highways, bridges, airports, and commercial and residential developments. Its core operations include the manufacturing and distribution of hot mix asphalt (HMA) for both internal use and third-party sales, as well as paving activities such as roadway base layer construction and asphalt pavement application. Additionally, the company engages in site development, utility and drainage system installation, aggregate mining (sand, gravel, and construction stones), and the distribution of liquid asphalt cement for HMA production.

Founded in 2007 and headquartered in Dothan, Alabama, Construction Partners, Inc. was formerly known as SunTx CPI Growth Company, Inc. before rebranding in September 2017. The company has established itself as a key player in the civil infrastructure sector, leveraging its expertise in asphalt production and paving services to support growing infrastructure demands in the southeastern United States. Its operations are supported by a network of facilities, including asphalt plants and aggregate mines, enabling it to maintain a competitive edge in both pricing and service delivery.

Ticker Symbol: ROAD Exchange: NASDAQ Type: common stock Country Origin: United States GICS Sub Industry: Construction & Engineering

Based on the provided and , here is a 3-month forecast for Construction Partners, Inc. (NASDAQ:ROAD):

Over the next three months, ROAD is expected to experience moderate volatility, with price movements influenced by its average true range (ATR) of 4.40. The stock is likely to test resistance near its SMA 50 (74.10) and SMA 200 (76.44), with potential upside driven by improving fundamentals such as its forward P/E of 43.29, which signals investor confidence in future earnings growth. However, the current P/E of 69.42 indicates elevated valuations, which may lead to consolidation or pullbacks in the short term.

The companys market cap of $4.116B and P/S ratio of 2.07 suggest a balanced growth trajectory, supported by its established presence in the southeastern U.S. infrastructure market. With a return on equity (RoE) of 6.91%, the company demonstrates moderate profitability, which could attract investors seeking stable returns in the construction sector. Overall, ROAD is expected to maintain its upward momentum, with potential price targets near $85 by the end of the forecast period, contingent on broader market conditions and infrastructure spending trends.