Ratings for Construction Partners ROAD were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 0 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $71.5, a high estimate of $92.00, and a low estimate of $55.00. Marking an increase of 15.32%, the current average surpasses the previous average price target of $62.00.
Interpreting Analyst Ratings: A Closer Look
The perception of Construction Partners by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Andrew Wittmann | Baird | Raises | Neutral | $92.00 | $68.00 |
| Brent Thielman | DA Davidson | Raises | Neutral | $55.00 | $50.00 |
| Patrick Tyler Brown | Raymond James | Raises | Strong Buy | $72.00 | $69.00 |
| Stanley Elliott | Stifel | Raises | Buy | $67.00 | $61.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Construction Partners. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Construction Partners compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Construction Partners's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Construction Partners's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Construction Partners analyst ratings.
Get to Know Construction Partners Better
Construction Partners Inc operates as an infrastructure and road construction company. It provides construction products and services to the public and private sectors. Its services cover the construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt.
Construction Partners's Financial Performance
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Construction Partners's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 22.73%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Construction Partners's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 5.97%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Construction Partners's ROE stands out, surpassing industry averages. With an impressive ROE of 5.73%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Construction Partners's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.25% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.93, caution is advised due to increased financial risk.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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