Buy Or Sell Opportunity • Jul 02
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €95.00. The fair value is estimated to be €121, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 47% in the next year. Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Mar 03
Construction Partners, Inc. (NasdaqGS:ROAD) announces an Equity Buyback for $50 million worth of its shares. Construction Partners, Inc. (NasdaqGS:ROAD) announces a share repurchase program. Under the program, the company repurchase up to $50 million worth of its class A common stock. The company intends to utilize the stock repurchase program to minimize the dilutive impact of awards granted under the company’s equity incentive plans and to repurchase shares opportunistically. The repurchase program will be valid till September 30, 2028. Tillkännagivande • Feb 05
Construction Partners, Inc. Raises Earnings Guidance for the Fiscal Year Ending September 30, 2026 Construction Partners, Inc. raised earnings guidance for the fiscal year ending September 30, 2026. For the year, the company is raising Revenue in the range of $3.480 billion to $3.560 billion and Net income in the range of $154.0 million to $158.0 million. Tillkännagivande • Feb 03
Construction Partners, Inc. (NASDAQ: ROAD) acquired GMJ Paving Co., LLC. Construction Partners, Inc. (NASDAQ: ROAD) acquired GMJ Paving Co., LLC on February 2, 2026. As part of the acquisition, Lupe Munoz and his team will join Construction Partners, Inc. (NASDAQ: ROAD).
Construction Partners, Inc. (NASDAQ: ROAD) completed the acquisition of GMJ Paving Co., LLC on February 2, 2026. Tillkännagivande • Jan 28
Construction Partners, Inc., Annual General Meeting, Mar 24, 2026 Construction Partners, Inc., Annual General Meeting, Mar 24, 2026. Location: doubletree by hilton 2740 ross clark circle, alabama 36301, dothan United States Tillkännagivande • Jan 09
Construction Partners, Inc. to Report Q1, 2026 Results on Feb 05, 2026 Construction Partners, Inc. announced that they will report Q1, 2026 results Pre-Market on Feb 05, 2026 Tillkännagivande • Nov 21
Construction Partners, Inc. Reiterates Earnings Guidance for the Fiscal Year Ending September 30, 2026 Construction Partners, Inc. reiterated earnings guidance for the fiscal year ending September 30, 2026. The Company's outlook for fiscal year 2026 with regard to revenue, net income is as follows: Revenue in the range of $3.400 billion to $3.500 billion. Net income in the range of $150.0 million to $155.0 million. Tillkännagivande • Nov 07
Construction Partners, Inc. to Report Q4, 2025 Results on Nov 20, 2025 Construction Partners, Inc. announced that they will report Q4, 2025 results Pre-Market on Nov 20, 2025 Tillkännagivande • Oct 22
Construction Partners, Inc. Provides Earnings Guidance for the Fiscal Year Ended September 30, 2025 and Fiscal Year 2026 Construction Partners, Inc. provided earnings guidance for the fiscal year ended September 30, 2025 and fiscal year 2026. For the year 2025, the company's revenue is expected to be in the range of $2.800 billion to $2.820 billion, compared to $1.824 billion in fiscal 2024. Net income in fiscal 2025 is expected to be in the range of $101.0 million to $101.8 million, compared to $68.9 million in fiscal 2024.
For the year 2026, the company's revenue in the range of $3.400 billion to $3.500 billion and net income in the range of $150.0 million to $155.0 million. Tillkännagivande • Aug 07
Construction Partners, Inc. Maintains Earnings Guidance for the Fiscal Year Ending September 30, 2025 Construction Partners, Inc. maintained earnings guidance for the fiscal year ending September 30, 2025. For the period, the company expected revenue to be in the range of $2.77 billion to $2.83 billion and net income to be in the range of $106 million to $117 million. Tillkännagivande • Aug 05
Construction Partners, Inc. (NasdaqGS:ROAD) acquired Durwood Greene Construction Co. and G & S Asphalt, Inc. Construction Partners, Inc. (NasdaqGS:ROAD) acquired Durwood Greene Construction Co. and G & S Asphalt, Inc. on August 4, 2025.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of Durwood Greene Construction Co. and G & S Asphalt, Inc. on August 4, 2025. Tillkännagivande • Jul 17
Construction Partners, Inc. to Report Q3, 2025 Results on Aug 07, 2025 Construction Partners, Inc. announced that they will report Q3, 2025 results Pre-Market on Aug 07, 2025 Tillkännagivande • May 03
Construction Partners, Inc. (NasdaqGS:ROAD) acquired PRI of East TN, Inc. Construction Partners, Inc. (NasdaqGS:ROAD) acquired PRI of East TN, Inc. on May 1, 2025.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of PRI of East TN, Inc. on May 1, 2025. Tillkännagivande • Apr 17
Construction Partners, Inc. to Report Q2, 2025 Results on May 09, 2025 Construction Partners, Inc. announced that they will report Q2, 2025 results Pre-Market on May 09, 2025 Tillkännagivande • Feb 07
Construction Partners, Inc. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2025 Construction Partners, Inc. provided earnings guidance for the fiscal year ending September 30, 2025. For the year, the company expects revenue in the range of $2.66 billion to $2.74 billion and net income in the range of $93.0 million to $105.6 million. Tillkännagivande • Feb 04
Construction Partners, Inc. (NasdaqGS:ROAD) acquired Mobile Asphalt Company, LLC. Construction Partners, Inc. (NasdaqGS:ROAD) acquired Mobile Asphalt Company, LLC on February 3, 2025.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of Mobile Asphalt Company, LLC on February 3, 2025. Tillkännagivande • Jan 27
Construction Partners, Inc., Annual General Meeting, Mar 20, 2025 Construction Partners, Inc., Annual General Meeting, Mar 20, 2025. Location: e doubletree by hilton, located at 2740 ross clark circle, alabama 36301., dothan United States Tillkännagivande • Jan 17
Construction Partners, Inc. to Report Q1, 2025 Results on Feb 07, 2025 Construction Partners, Inc. announced that they will report Q1, 2025 results Pre-Market on Feb 07, 2025 Tillkännagivande • Jan 03
Construction Partners, Inc. (NasdaqGS:ROAD) acquired Overland Corporation. Construction Partners, Inc. (NasdaqGS:ROAD) acquired Overland Corporation on January 3, 2025.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of Overland Corporation on January 3, 2025. Tillkännagivande • Nov 15
Construction Partners, Inc. to Report Q4, 2024 Results on Nov 21, 2024 Construction Partners, Inc. announced that they will report Q4, 2024 results Pre-Market on Nov 21, 2024 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €82.50, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €76.63 per share. Tillkännagivande • Nov 05
Construction Partners, Inc. Updates Earnings Guidance for the Fiscal Year 2025 Construction Partners, Inc. announced that in connection with the closing of the Lone Star acquisition, CPI increased its guidance for fiscal 2025 with regard to revenue, net income, as follows: Revenue in the range of $2.48 billion to $2.58 billion, and Net income in the range of $97 million to $113 million. Tillkännagivande • Oct 22
Construction Partners, Inc. (NasdaqGS:ROAD) agreed to acquire Asphalt Inc., LLC for approximately $910 million. Construction Partners, Inc. (NasdaqGS:ROAD) agreed to acquire Asphalt Inc., LLC for approximately $910 million on October 21, 2024. Under the terms of the definitive agreement, CPI will acquire all of the outstanding membership units of Lone Star for $654 million in cash and 3 million shares of CPI's Class A common stock. In addition, CPI will (i) pay cash to the sellers of Lone Star in an amount equal to the working capital remaining in Lone Star at the closing (subject to certain adjustments) in four quarterly installments following the closing and (ii) purchase from the sellers of Lone Star, upon receipt of specified governmental entitlements, an entity holding certain real property for $30 million in cash. CPI expects to finance the cash portion of the purchase price with the proceeds of debt financing. The transaction is expected to close in the first quarter of CPI's 2025 fiscal year (the fourth calendar quarter of calendar 2024), subject to certain regulatory approvals and the satisfaction of other customary closing conditions.
Wells Fargo Securities, LLC acted as financial advisor for Asphalt Inc., LLC. ArentFox Schiff LLP acted as legal advisor for Asphalt Inc., LLC. Haynes and Boone, LLP acted as legal advisor for Construction Partners, Inc. New Risk • Sep 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (76% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Significant insider selling over the past 3 months (€6.8m sold). Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €60.00, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.21 per share. Tillkännagivande • Sep 12
Construction Partners, Inc. (NasdaqGS:ROAD) acquired John G. Walton Construction Company, Inc. Construction Partners, Inc. (NasdaqGS:ROAD) acquired John G. Walton Construction Company, Inc. on September 10, 2024. In connection with the transaction, the Construction Partners, Inc. added a hot-mix asphalt plant and related crews and equipment serving the greater Mobile and southwestern Alabama market area.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of John G. Walton Construction Company, Inc. on September 10, 2024. Recent Insider Transactions • Aug 28
Director recently sold €6.8m worth of stock On the 23rd of August, Mark Matteson sold around 120k shares on-market at roughly €56.37 per share. This transaction amounted to 80% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €15m more than they bought in the last 12 months. Reported Earnings • Aug 11
Third quarter 2024 earnings released: EPS: US$0.59 (vs US$0.42 in 3Q 2023) Third quarter 2024 results: EPS: US$0.59 (up from US$0.42 in 3Q 2023). Revenue: US$517.8m (up 23% from 3Q 2023). Net income: US$30.9m (up 43% from 3Q 2023). Profit margin: 6.0% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 09
Construction Partners, Inc. Provides Earning Guidance for Fiscal Year 2024 Construction Partners, Inc. provided earning guidance for fiscal year 2024. For the period the company expects Revenue in the range of $1.835 billion to $1.860 billion and Net income in the range of $73.5 million to $76.5 million. Tillkännagivande • Aug 02
Construction Partners, Inc. (NasdaqGS:ROAD) acquired Robinson Paving Company. Construction Partners, Inc. (NasdaqGS:ROAD) acquired Robinson Paving Company on August 1, 2024.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of Robinson Paving Company on August 1, 2024. Tillkännagivande • Jul 09
Construction Partners, Inc. to Report Q3, 2024 Results on Aug 09, 2024 Construction Partners, Inc. announced that they will report Q3, 2024 results Pre-Market on Aug 09, 2024 Buy Or Sell Opportunity • May 13
Now 20% undervalued Over the last 90 days, the stock has risen 19% to €50.50. The fair value is estimated to be €63.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 73% in the next 2 years. Tillkännagivande • May 11
Construction Partners, Inc. Raises Unaudited Earnings Guidance for the Fiscal Year Ending September 30, 2024 Construction Partners, Inc. raised unaudited earnings guidance for the fiscal year ending September 30, 2024. For the period, the company expects revenue in the range of $1.81 billion to $1.85 billion and net income in the range of $71 million to $75 million. Reported Earnings • May 10
Second quarter 2024 earnings released: US$0.022 loss per share (vs US$0.11 loss in 2Q 2023) Second quarter 2024 results: US$0.022 loss per share (improved from US$0.11 loss in 2Q 2023). Revenue: US$371.4m (up 14% from 2Q 2023). Net loss: US$1.12m (loss narrowed 80% from 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Apr 18
Now 20% undervalued Over the last 90 days, the stock has risen 24% to €48.60. The fair value is estimated to be €61.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 73% in the next 2 years. Tillkännagivande • Apr 14
Construction Partners, Inc. (NasdaqGS:ROAD) announces an Equity Buyback for $40 million worth of its shares. Construction Partners, Inc. (NasdaqGS:ROAD) announces a share repurchase program. Under the program, the company repurchase up to $40 million worth of its class A common stock. The company intends to utilize the stock repurchase program to minimize the dilutive impact of awards granted under the company’s equity incentive plans and to repurchase shares opportunistically. The repurchase program will be valid till September 30, 2025. Tillkännagivande • Apr 10
Construction Partners, Inc. to Report Q2, 2024 Results on May 10, 2024 Construction Partners, Inc. announced that they will report Q2, 2024 results Pre-Market on May 10, 2024 Tillkännagivande • Mar 26
Construction Partners, Inc Appoints John L. Harper as Senior Vice President of Strategic Initiatives Wiregrass Construction Company, Inc. announced that Mr. John L. Harper has been named Senior Vice President of Strategic Initiatives of Construction Partners, Inc, Wiregrass's parent company. Reported Earnings • Feb 11
First quarter 2024 earnings released: EPS: US$0.19 (vs US$0.037 in 1Q 2023) First quarter 2024 results: EPS: US$0.19 (up from US$0.037 in 1Q 2023). Revenue: US$396.5m (up 16% from 1Q 2023). Net income: US$9.84m (up 420% from 1Q 2023). Profit margin: 2.5% (up from 0.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 10
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks High level of debt (63% net debt to equity). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€7.5m sold). Tillkännagivande • Feb 09
Construction Partners, Inc. Provides Earning Guidance for Fiscal Year 2024 Construction Partners, Inc. provided earning guidance for fiscal year 2024. For the period the company expects Revenue in the range of $1.750 billion to $1.825 billion and Net income in the range of $63 million to $70 million. Buy Or Sell Opportunity • Feb 03
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €42.80. The fair value is estimated to be €34.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has declined by 8.2%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 81% in the next 2 years. Tillkännagivande • Jan 27
Construction Partners, Inc., Annual General Meeting, Mar 20, 2024 Construction Partners, Inc., Annual General Meeting, Mar 20, 2024, at 11:00 Central Standard Time. Location: 2740 Ross Clark Circle, Dothan, Alabama 36301 Dothan United States Agenda: To elect three Class III directors to serve for a three-year term expiring at the 2027 Annual Meeting of Stockholders; to ratify the appointment of RSM US LLP as the Company’s independent registered public accountant for the fiscal year ending September 30, 2024; to approve the adoption of the Construction Partners, Inc. 2024 Restricted Stock Plan; to approve an amendment to the Construction Partners, Inc. 2018 Equity Incentive Plan to increase the number of shares reserved for issuance pursuant to awards. Tillkännagivande • Jan 17
Construction Partners, Inc. to Report Q1, 2024 Results on Feb 09, 2024 Construction Partners, Inc. announced that they will report Q1, 2024 results Pre-Market on Feb 09, 2024 Recent Insider Transactions • Dec 15
Director recently sold €3.0m worth of stock On the 12th of December, Craig Jennings sold around 75k shares on-market at roughly €39.65 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.9m more than they bought in the last 12 months. Reported Earnings • Dec 01
Full year 2023 earnings released: EPS: US$0.94 (vs US$0.41 in FY 2022) Full year 2023 results: EPS: US$0.94 (up from US$0.41 in FY 2022). Revenue: US$1.56b (up 20% from FY 2022). Net income: US$49.0m (up 129% from FY 2022). Profit margin: 3.1% (up from 1.6% in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 30
Construction Partners, Inc. Provides Earnings Guidance for the Year 2024 Construction Partners, Inc. provided earnings guidance for the year 2024. For the year, the company expects revenues in the range of $1.750 billion to $1.825 billion and net income in the range of $63 million to $70 million. Tillkännagivande • Nov 10
Construction Partners, Inc. to Report Q4, 2023 Results on Nov 29, 2023 Construction Partners, Inc. announced that they will report Q4, 2023 results Pre-Market on Nov 29, 2023 Board Change • Oct 23
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Oct 05
Construction Partners, Inc. Provides Earnings Guidance for the Fiscal Year 2023 and 2024 Construction Partners, Inc. provided earnings guidance for the fiscal year 2023 and 2024. Revenue in fiscal 2023 is expected to be in the range of $1.547 billion to 1.557 billion, compared to $1.30 billion in fiscal 2022. Net income in fiscal 2023 is expected to be in the range of $44.8 million to $47.0 million, compared to $21.4 million in fiscal 2022. For the year 2024, the company expects Revenue in the range of $1.750 billion to $1.825 billion. Net income in the range of $63 million to $70 million. Tillkännagivande • Jul 14
Construction Partners, Inc. to Report Q3, 2023 Results on Aug 02, 2023 Construction Partners, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 02, 2023 Recent Insider Transactions • May 11
Independent Director recently sold €329k worth of stock On the 9th of May, Stefan Shaffer sold around 13k shares on-market at roughly €25.31 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.3m more than they bought in the last 12 months. Reported Earnings • May 07
Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.18 loss in 2Q 2022) Second quarter 2023 results: US$0.11 loss per share (improved from US$0.18 loss in 2Q 2022). Revenue: US$324.9m (up 34% from 2Q 2022). Net loss: US$5.48m (loss narrowed 42% from 2Q 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Tillkännagivande • May 06
Construction Partners, Inc. Announces Earnings Guidance for the Year 2023 Construction Partners, Inc. announced earnings guidance for the year 2023. For the year, the company expects Revenue in the range of $1.53 billion to $1.58 billion. Net income in the range of $34 million to $42 million. Board Change • Feb 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Feb 11
Construction Partners, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Construction Partners, Inc. provided earnings guidance for the fiscal year 2023. For the year, The company expects revenue in the range of $1.475 billion to $1.550 billion and net income in the range of $30 million to $40 million. Tillkännagivande • Jan 25
Construction Partners, Inc., Annual General Meeting, Feb 23, 2023 Construction Partners, Inc., Annual General Meeting, Feb 23, 2023, at 09:00 Central Standard Time. Location: 2740 Ross Clark Circle, Dothan, Alabama 36301 Dothan Alabama United States Agenda: To consider to elect two Class II directors to serve for a three-year term expiring at the 2026 Annual Meeting of Stockholders; to consider to ratify the appointment of RSM US LLP as the Company’s independent registered public accountants for the fiscal year ending September 30, 2023; to consider to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company; and to transact such other business as may properly come before the Annual Meeting or any adjournment, postponement or recess thereof; and to consider other matters. Tillkännagivande • Jan 14
Construction Partners, Inc. to Report Q1, 2023 Results on Feb 09, 2023 Construction Partners, Inc. announced that they will report Q1, 2023 results After-Market on Feb 09, 2023 Tillkännagivande • Dec 03
Construction Partners, Inc. (NasdaqGS:ROAD) acquired Ferebee Corporation. Construction Partners, Inc. (NasdaqGS:ROAD) acquired Ferebee Corporation on December 2, 2022.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of Ferebee Corporation on December 2, 2022. Reported Earnings • Nov 23
Full year 2022 earnings released: EPS: US$0.41 (vs US$0.39 in FY 2021) Full year 2022 results: EPS: US$0.41 (up from US$0.39 in FY 2021). Revenue: US$1.30b (up 43% from FY 2021). Net income: US$21.4m (up 5.9% from FY 2021). Profit margin: 1.6% (down from 2.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 23
Construction Partners, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Construction Partners, Inc. provided earnings guidance for the fiscal year 2023. For the year, the company expects revenue to be in the range of $1.40 billion to $1.55 billion. Net income to be in the range of $24.6 million to $38.4 million. Board Change • Nov 17
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Nov 02
Construction Partners, Inc. to Report Q4, 2022 Results on Nov 22, 2022 Construction Partners, Inc. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 22, 2022 Recent Insider Transactions • Sep 18
Director recently sold €678k worth of stock On the 12th of September, Mark Matteson sold around 25k shares on-market at roughly €27.38 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €965k more than they bought in the last 12 months. Recent Insider Transactions • Aug 11
Independent Director recently sold €218k worth of stock On the 9th of August, Stefan Shaffer sold around 8k shares on-market at roughly €28.28 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €368k more than they sold in the last 12 months. Reported Earnings • Aug 06
Third quarter 2022 earnings released: EPS: US$0.23 (vs US$0.18 in 3Q 2021) Third quarter 2022 results: EPS: US$0.23 (up from US$0.18 in 3Q 2021). Revenue: US$380.3m (up 45% from 3Q 2021). Net income: US$12.2m (up 30% from 3Q 2021). Profit margin: 3.2% (down from 3.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 11%, compared to a 5.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 06
Construction Partners, Inc. Revises Earnings Guidance for Fiscal Year 2022 Construction Partners, Inc. revised its earnings guidance for fiscal year 2022. For the period, The company expects revenue in the range of $1.25 billion to $1.28 billion. Net income in the range of $17.5 million to $23.2 million.The Company has updated its guidance to reflect the strong project demand environment and the continued inflation and elevated energy costs that it believes will persist during the fiscal year. Buying Opportunity • Jun 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be €23.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings is also forecast to grow by 31% per annum over the same time period. Tillkännagivande • Jun 17
Construction Partners, Inc. to Report Q3, 2022 Results on Aug 05, 2022 Construction Partners, Inc. announced that they will report Q3, 2022 results Pre-Market on Aug 05, 2022 Recent Insider Transactions • May 17
Senior Vice President recently bought €603k worth of stock On the 12th of May, John Harper bought around 30k shares on-market at roughly €20.11 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €585k more in shares than they have sold in the last 12 months. Reported Earnings • May 07
Second quarter 2022 earnings released: US$0.18 loss per share (vs US$0.095 loss in 2Q 2021) Second quarter 2022 results: US$0.18 loss per share (down from US$0.095 loss in 2Q 2021). Revenue: US$243.4m (up 36% from 2Q 2021). Net loss: US$9.42m (loss widened 91% from 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 6.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Buying Opportunity • May 07
Now 23% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €32.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings is also forecast to grow by 26% per annum over the same time period. Board Change • Apr 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Noreen Skelly was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 14
Construction Partners, Inc. to Report Q2, 2022 Results on May 06, 2022 Construction Partners, Inc. announced that they will report Q2, 2022 results Pre-Market on May 06, 2022 Reported Earnings • Feb 05
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: US$0.11 (down from US$0.15 in 1Q 2021). Revenue: US$285.0m (up 49% from 1Q 2021). Net income: US$5.51m (down 30% from 1Q 2021). Profit margin: 1.9% (down from 4.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 14%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 05
Construction Partners, Inc. Provides Earnings Guidance for the Full Year of 2022 Construction Partners, Inc. provided earnings guidance for the full year of 2022. For the year, the company expects revenue in the range of $1.075 billion to $1.150 billion. Net income in the range of $34.7 millionto $41.8 million. Reported Earnings • Nov 24
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.39 (down from US$0.78 in FY 2020). Revenue: US$910.7m (up 16% from FY 2020). Net income: US$20.2m (down 50% from FY 2020). Profit margin: 2.2% (down from 5.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 23%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 24
Construction Partners, Inc. Provides Earnings Guidance for the Fiscal Year 2022 Construction Partners, Inc. provided earnings guidance for the fiscal year 2022. For the year, the company expects Revenue in the range of $1,075 million to $1,150 million. Net income in the range of $34.7 million to $41.8 million. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 17% share price gain to €35.00, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 14x in the Construction industry in Europe. Total returns to shareholders of 313% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €30.13 per share. Tillkännagivande • Sep 11
Construction Partners, Inc. (NasdaqGS:ROAD) acquired C K Earndhardt & Sons, Inc. Construction Partners, Inc. (NasdaqGS:ROAD) acquired C K Earndhardt & Sons, Inc. on September 10, 2021.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of C K Earndhardt & Sons, Inc. on September 10, 2021. Reported Earnings • Aug 08
Third quarter 2021 earnings released: EPS US$0.18 (vs US$0.31 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$261.7m (up 21% from 3Q 2020). Net income: US$9.34m (down 41% from 3Q 2020). Profit margin: 3.6% (down from 7.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 08
Construction Partners, Inc. Revises Earnings Guidance for the Fiscal Year 2021 Construction Partners, Inc. revised earnings guidance for the fiscal year 2021. The Company has revised revenue of $940 million to $960 million, compared to the prior range of $950 million to $1.0 billion. Revenue for fiscal year 2020 was $785.7 million. Tillkännagivande • Jun 23
Construction Partners, Inc. (NasdaqGS:ROAD) acquired PLT Construction Company, Inc. Construction Partners, Inc. (NasdaqGS:ROAD) acquired PLT Construction Company, Inc. on June 22, 2021. Construction managers, estimators, and crews of PLT Construction are joining Construction Partners.
Construction Partners, Inc. (NasdaqGS:ROAD) completed the acquisition of PLT Construction Company, Inc. on June 22, 2021. Reported Earnings • May 10
Second quarter 2021 earnings released: US$0.095 loss per share (vs US$0.03 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$179.1m (up 6.2% from 2Q 2020). Net loss: US$4.94m (down 421% from profit in 2Q 2020). Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$22.60, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Construction industry in Europe. Total returns to shareholders of 92% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €24.00 per share. 
