Construction Partners, Inc. Class A (ROAD)

In the past six months, Construction Partners reported Q2 fiscal year 2025 results with a 54% increase in revenue but a miss in net income expectations. Q3 fiscal year 2025 results showed a 50.5% increase in revenue but missed analysts' estimates for both earnings per share and revenue. The company acquired PRI, eight hot-mix asphalt plants in Houston, and P&S Paving, Inc. Analyst ratings included upgrades from Baird R.W. and reaffirmations from Raymond James Financial, with increased target prices. DA Davidson raised its price target while maintaining a "Neutral" rating. Preliminary fiscal 2025 results and the fiscal 2026 outlook were announced, with projected revenue between $2.800B–$2.820B for FY2025 and an Adjusted EBITDA target of $530 million for 2026. The stock has experienced volatility, with a 52-week high of $138.90 and a low of $64.79.

Demand for Construction Partners, Inc.'s products and services is seasonal, influenced by weather conditions, with peak construction in late spring, summer, and early fall due to warmer temperatures and longer daylight hours. Winter is generally the slowest quarter due to colder weather. The company's operations in the Sunbelt region may mitigate some seasonal slowdowns. Construction Partners has noted consistent growth in backlog even in non-construction season quarters, indicating a sustained demand environment.

Construction Partners, Inc. specializes in the construction and maintenance of roadways, focusing on public and private infrastructure projects such as highways, roads, bridges, airports, and commercial and residential developments. The company manufactures and distributes hot mix asphalt (HMA), performs paving activities, site development, mines aggregates, and distributes liquid asphalt cement. Construction Partners operates as a vertically integrated company.

The company's operations are concentrated in the Sunbelt region of the United States, including Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Texas. Construction Partners has recently expanded its presence, including acquisitions in Florida's east coast and the Houston area of Texas.

Information specifically detailing Construction Partners, Inc.'s brand reputation in the past year is not readily available. The available data focuses on financial performance, acquisitions, and analyst sentiment rather than public perception or specific reputation-impacting events.

Construction Partners, Inc. has a significant portion of its stock owned by institutional investors, accounting for 94.83% of the stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Fmr Llc. Key individual insider owners include Craig Jennings (owning 35.10% of the company), Mark R. Matteson (owning 34.94%), Ned N. Fleming III (owning 24.41%), and SunTx Capital Management Corp.