
Construction Partners (ROAD) Stock Forecast & Price Target
Construction Partners (ROAD) Analyst Ratings
Bulls say
Construction Partners is a highly efficient road infrastructure company that has seen steady organic growth with a 7% average since 2020. Its EBITDA and margins have doubled in the past year alone, with the majority of its revenue coming from public infrastructure projects. Boasting a backlog of over $3 billion, Construction Partners' strong performance, solid financials, and positive outlook for the industry make it a solid investment option for the long-term.
Bears say
Construction Partners is a company that specializes in the construction and maintenance of roadways, with a focus on highways, roads, bridges, and airports. However, the company's reliance on liquid asphalt indices for 80% of its revenue leaves its margins vulnerable to fluctuations in oil prices. Additionally, smaller firms in the industry face barriers such as limited labor pools and bonding capacity, giving larger players like Construction Partners a competitive advantage. The company has a positive outlook due to macro tailwinds supporting demand for infrastructure and its consolidation strategy, but uncertainties around federal funding and asphalt inflation lead to a hold rating.
This aggregate rating is based on analysts' research of Construction Partners and is not a guaranteed prediction by Public.com or investment advice.
Construction Partners (ROAD) Analyst Forecast & Price Prediction
Start investing in Construction Partners (ROAD)
Order type
Buy in
Order amount
Est. shares
0 shares