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Construction Partners

ROADNASDAQ
Logo brought to you by Benzinga Data
$99.98
3.133.23%
At close: -
$104.97
4.994.99%
After Hours: Nov 22, 4:43 PM EDT
Q4 2024 Earnings were released on Thu Nov 21st, before the market open
The most recent conference call was at 10:00 AM, 3 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$92.00
Lowest Price Target1
$25.00
Consensus Price Target1
$53.57

Construction Partners (NASDAQ:ROAD) Stock, Analyst Ratings, Price Targets, Forecasts

Construction Partners Inc has a consensus price target of $53.57 based on the ratings of 7 analysts. The high is $92 issued by Baird on October 22, 2024. The low is $25 issued by Raymond James on May 11, 2022. The 3 most-recent analyst ratings were released by Baird, DA Davidson, and Raymond James on October 22, 2024, August 13, 2024, and August 12, 2024, respectively. With an average price target of $73 between Baird, DA Davidson, and Raymond James, there's an implied -30.46% downside for Construction Partners Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
1
Aug
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Baird
DA Davidson
Raymond James
Stifel
Raymond James

1calculated from analyst ratings

Analyst Ratings for Construction Partners

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Construction Partners (ROAD) stock?

A

The latest price target for Construction Partners (NASDAQ:ROAD) was reported by Baird on October 22, 2024. The analyst firm set a price target for $92.00 expecting ROAD to fall to within 12 months (a possible -12.36% downside). 10 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Construction Partners (ROAD)?

A

The latest analyst rating for Construction Partners (NASDAQ:ROAD) was provided by Baird, and Construction Partners maintained their neutral rating.

Q

When was the last upgrade for Construction Partners (ROAD)?

A

The last upgrade for Construction Partners Inc happened on May 11, 2022 when Raymond James raised their price target to $25. Raymond James previously had an outperform for Construction Partners Inc.

Q

When was the last downgrade for Construction Partners (ROAD)?

A

The last downgrade for Construction Partners Inc happened on February 12, 2024 when Baird changed their price target from $46 to $50 for Construction Partners Inc.

Q

When is the next analyst rating going to be posted or updated for Construction Partners (ROAD)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Construction Partners, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Construction Partners was filed on October 22, 2024 so you should expect the next rating to be made available sometime around October 22, 2025.

Q

Is the Analyst Rating Construction Partners (ROAD) correct?

A

While ratings are subjective and will change, the latest Construction Partners (ROAD) rating was a maintained with a price target of $68.00 to $92.00. The current price Construction Partners (ROAD) is trading at is $104.97, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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