struction Partners(ROAD)
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HDLMY or ROAD: Which Is the Better Value Stock Right Now?
ZACKS· 2025-01-07 17:57
Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both Heidelberg Materials AG Unsponsored ADR (HDLMY) and Construction Partners (ROAD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate rev ...
ROAD Stock Gains on Overland Acquisition, Expanding Into Eighth State
ZACKS· 2025-01-06 15:21
Acquisition and Expansion Strategy - Construction Partners Inc (ROAD) acquired Overland Corporation, an asphalt manufacturing and paving company based in Ardmore, OK, adding eight hot-mix asphalt plants to its operations [1] - The acquisition marks ROAD's entry into its eighth state and strengthens its presence in Oklahoma and northern Texas, driven by the expansion of the Dallas metro area [2] - ROAD plans to support Overland in pursuing organic and acquisitive growth opportunities, aligning with its strategy to reduce the leverage ratio to approximately 2.5x in the next four to six quarters [3] - ROAD completed the acquisition of Lone Star Paving, adding 10 hot mix asphalt plants, four aggregate facilities, and one liquid asphalt terminal, boosting its Texas footprint and project pipeline [4][5] - In fiscal 2024, ROAD completed eight acquisitions worth approximately $231.7 million across four states, adding 11 asphalt plants and expanding its operations in Alabama, Georgia, North Carolina, and South Carolina [6] Financial Performance and Market Position - ROAD's shares surged 70.1% in the past six months, significantly outperforming the Zacks Building Products - Miscellaneous industry's 5.9% growth [8] - The company currently holds a Zacks Rank 1 (Strong Buy), reflecting strong market confidence [9] Peer Performance in the Sector - Sterling Infrastructure Inc (STRL) delivered a trailing four-quarter earnings surprise of 21.5% on average, with shares gaining 57% in the past six months The Zacks Consensus Estimate for STRL's 2025 sales and EPS implies increases of 7.3% and 8.1%, respectively [10] - Weyerhaeuser Company (WY) delivered a trailing four-quarter earnings surprise of 41.6% on average, with shares rallying 2.8% in the past six months The consensus estimate for WY's 2025 sales and EPS indicates increases of 7.9% and 72.8%, respectively [11] - MasTec Inc (MTZ) delivered a trailing four-quarter earnings surprise of 40.2% on average, with shares gaining 43.4% in the past six months The Zacks Consensus Estimate for MTZ's 2025 sales and EPS indicates increases of 8.8% and 43.4%, respectively [11]
Construction Partners, Inc. Acquires Platform Company in Oklahoma
Prnewswire· 2025-01-03 14:00
Transaction Adds Eight Hot-Mix Asphalt Plants Serving Oklahoma and Northern Texas DOTHAN, Ala., Jan. 3, 2025 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) ("CPI"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways in local markets across the Sunbelt, today announced that it has acquired Overland Corporation ("Overland"), an asphalt manufacturing and paving company headquartered in Ardmore, Oklahoma. From its eight hot-mix asphalt p ...
What Makes Construction Partners (ROAD) a New Strong Buy Stock
ZACKS· 2024-12-27 18:00
Construction Partners (ROAD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by t ...
3 Reasons Growth Investors Will Love Construction Partners (ROAD)
ZACKS· 2024-12-16 18:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores ...
Construction Partners, Inc. (ROAD) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-12-02 19:36
Have you been paying attention to shares of Construction Partners (ROAD) ? Shares have been on the move with the stock up 29% over the past month. The stock hit a new 52-week high of $103.24 in the previous session. Construction Partners has gained 133.5% since the start of the year compared to the 29.5% move for the Zacks Construction sector and the 28.2% return for the Zacks Building Products - Miscellaneous industry.What's Driving the Outperformance?The stock has a great record of positive earnings surpr ...
Here is Why Growth Investors Should Buy Construction Partners (ROAD) Now
ZACKS· 2024-11-29 18:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy wit ...
struction Partners(ROAD) - 2024 Q4 - Annual Report
2024-11-25 16:36
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 001-38479 26-0758017 (I.R.S. Employer Identification Number) (Exact name of registrant as specified in its charter) Delaware ...
struction Partners(ROAD) - 2024 Q4 - Earnings Call Transcript
2024-11-21 23:39
Construction Partners, Inc. (NASDAQ:ROAD) Q4 2024 Earnings Conference Call November 21, 2024 10:00 AM ET Company Participants Rick Black - IR Jule Smith - CEO Greg Hoffman - CFO Ned Fleming - Executive Chairman Conference Call Participants Kathryn Thompson - Thompson Research Adam Thalhimer - Thompson Davis Jean Ramirez - D.A. Davidson Operator Greetings, and welcome to the Construction Partners' Fourth Quarter and Year End Fiscal 2024 Conference Call. At this time, all participants are in a listen-only mod ...
struction Partners(ROAD) - 2024 Q4 - Annual Results
2024-11-21 12:53
Exhibit 2.1 Execution Version UNIT PURCHASE AGREEMENT BY AND AMONG JOHN J. WHEELER, (as a Seller and in his capacity as the Sellers' Representative hereunder) AARON CABAZA, PATRICK WHEELER HERITAGE TRUST, TYLER WHEELER HERITAGE TRUST, NOLAN WHEELER HERITAGE TRUST, KAITLIN WHEELER HERITAGE TRUST, ASPHALT INC. EMPLOYEE INVESTMENTS, LLC, ASPHALT INC., LLC, AND CONSTRUCTION PARTNERS, INC. DATED AS OF OCTOBER 20, 2024 | TABLE OF CONTENTS Page | --- | --- | |--------------|---------------------------------------- ...