In last trading session, Construction Partners Inc (NASDAQ:ROAD) saw 0.81 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $107.57 trading at -$5.24 or -4.64% at ring of the bell on the day assigns it a market valuation of $6.03B. That closing price of ROAD’s stock is at a discount of -5.93% from its 52-week high price of $113.95 and is indicating a premium of 52.0% from its 52-week low price of $51.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.41 million shares which gives us an average trading volume of 505.61K if we extend that period to 3-months.
For Construction Partners Inc (ROAD), analysts’ consensus is at an average recommendation of Strong Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Construction Partners Inc (NASDAQ:ROAD) trade information
Construction Partners Inc’s shares saw a change of 76.32% in year-to-date performance and have moved 2.22% in past 5-day. Construction Partners Inc (NASDAQ:ROAD) showed a performance of 3.21% in past 30-days. Number of shares sold short was 3.82 million shares which calculate 7.29 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 75 to the stock, which implies a fall of -43.43% to its current value. Analysts have been projecting 72 as a low price target for the stock while placing it at a high target of 92. It follows that stock’s current price would jump 33.07% in reaching the projected high whereas dropping to the targeted low would mean a gain of 33.07% for stock’s current value.
Construction Partners Inc (NASDAQ:ROAD)’s Major holders
Insiders are in possession of 1.62% of company’s total shares while institution are holding 104.23 percent of that, with stock having share float percentage of 105.94%. Investors also watch the number of corporate investors in a company very closely, which is 104.23% institutions for Construction Partners Inc that are currently holding shares of the company. CONESTOGA CAPITAL ADVISORS, LLC is the top institutional holder at ROAD for having 4.14 million shares of worth $228.3 million. And as of 2024-06-30, it was holding 7.9656 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 3.6 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.9378 of outstanding shares, having a total worth of $198.85 million.
On the other hand, Conestoga Funds-Conestoga Small Cap Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 1.9 shares of worth $204.72 million or 4.03% of the total outstanding shares. The later fund manager was in possession of 1.48 shares on Mar 31, 2025 , making its stake of worth around $159.51 million in the company or a holder of 3.14% of company’s stock.
