construction partners, inc., a civil infrastructure company, engages in the construction and maintenance of roadways across alabama, florida, georgia, north carolina, and south carolina. the company, through its subsidiaries, provides various products and services to public and private infrastructure projects, with a focus on highways, roads, bridges, airports, and commercial and residential developments. it also engages in manufacturing and distributing hot mix asphalt (hma) for internal use and sales to third parties in connection with construction projects; paving activities, including the construction of roadway base layers and application of asphalt pavement; site development, including the installation of utility and drainage systems; mining aggregates, such as sand and gravel that are used as raw materials in the production of hma; and distributing liquid asphalt cement for internal use and sales to third parties in connection with hma production. the company was formerly known
Company profile
Ticker
ROAD
Exchange
Website
CEO
Charles Owens
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
C.W. Roberts Contracting, Incorporated • King Asphalt, Inc. • FSC II, LLC • The Scruggs Company • Wiregrass Construction Company, Inc. • Ferebee Corporation • Ferebee Asphalt Corporation • Construction Partners Risk Management, Inc. • *C.W. Roberts Contracting, Incorporated • **FSC II, LLC ...
ROAD stock data
Latest filings (excl ownership)
8-K
Other Events
12 Apr 24
8-K
Departure of Directors or Certain Officers
22 Mar 24
10-Q
2024 Q1
Quarterly report
9 Feb 24
8-K
Construction Partners, Inc. Announces Fiscal 2024 First Quarter Results
9 Feb 24
DEF 14A
Definitive proxy
26 Jan 24
8-K
Construction Partners, Inc. Completes Acquisitions in Alabama and Georgia
3 Jan 24
8-K
Unregistered Sales of Equity Securities
7 Dec 23
10-K
2023 FY
Annual report
29 Nov 23
8-K
Construction Partners, Inc. Announces Fiscal 2023
29 Nov 23
8-K
Construction Partners, Inc. Completes Charlotte-Rock Hill Area Acquisition
1 Nov 23
Transcripts
ROAD
Earnings call transcript
2024 Q1
9 Feb 24
ROAD
Earnings call transcript
2023 Q4
29 Nov 23
ROAD
Earnings call transcript
2023 Q3
2 Aug 23
ROAD
Earnings call transcript
2023 Q2
5 May 23
ROAD
Earnings call transcript
2023 Q1
10 Feb 23
ROAD
Earnings call transcript
2022 Q4
23 Nov 22
ROAD
Earnings call transcript
2022 Q3
5 Aug 22
ROAD
Earnings call transcript
2022 Q2
6 May 22
ROAD
Earnings call transcript
2022 Q1
4 Feb 22
ROAD
Earnings call transcript
2021 Q4
23 Nov 21
Latest ownership filings
SC 13G/A
SunTx Capital II Management Corp.
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
13 Feb 24
SC 13G/A
Invesco Ltd.
1 Feb 24
SC 13G/A
BlackRock Inc.
25 Jan 24
SC 13G/A
Conestoga Capital Advisors, LLC
5 Jan 24
4
Ned N Fleming III
22 Dec 23
4
Judson Ryan Brooks
21 Dec 23
4
Gregory A Hoffman
21 Dec 23
4
Fred Julius Smith III
21 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 49.08 mm | 49.08 mm | 49.08 mm | 49.08 mm | 49.08 mm | 49.08 mm |
Cash burn (monthly) | 1.96 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 13.03 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 36.05 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 18.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 178 |
Opened positions | 35 |
Closed positions | 14 |
Increased positions | 71 |
Reduced positions | 51 |
13F shares | Current |
---|---|
Total value | 1.41 tn |
Total shares | 44.78 mm |
Total puts | 1.70 k |
Total calls | 223.50 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Conestoga Capital Advisors | 4.55 mm | $166.26 bn |
SunTx Capital Management | 4.34 mm | $0.00 |
Kayne Anderson Rudnick Investment Management | 3.85 mm | $140.82 bn |
BLK Blackrock | 3.27 mm | $119.57 bn |
Vanguard | 2.29 mm | $83.74 bn |
IVZ Invesco | 2.23 mm | $81.37 bn |
Wasatch Advisors | 1.84 mm | $67.28 bn |
American Century Companies | 1.32 mm | $48.12 bn |
Owens Charles E | 1.25 mm | $36.39 mm |
Geode Capital Management | 880.19 k | $32.18 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 44.75 | 8,891 | 397.87 k | 128,134 |
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 43.84 | 13,074 | 573.16 k | 137,025 |
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 44.75 | 11,348 | 507.82 k | 234,930 |
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 43.84 | 16,687 | 731.56 k | 246,278 |
19 Dec 23 | Todd Keith Andrews | Class A Common Stock | Payment of exercise | Dispose F | No | No | 43.75 | 171 | 7.48 k | 27,729 |
19 Dec 23 | Judson Ryan Brooks | Class A Common Stock | Payment of exercise | Dispose F | No | No | 43.75 | 181 | 7.92 k | 36,317 |
19 Dec 23 | Gregory A Hoffman | Class A Common Stock | Payment of exercise | Dispose F | No | No | 43.75 | 226 | 9.89 k | 47,245 |
19 Dec 23 | Fred Julius Smith III | Class A Common Stock | Payment of exercise | Dispose F | No | No | 43.75 | 776 | 33.95 k | 147,725 |
News
Construction Partners Analysts Raise Their Forecasts After Q1 Results
12 Feb 24
Stifel Maintains Buy on Construction Partners, Raises Price Target to $57
12 Feb 24
Teva Pharmaceutical To Rally Around 58%? Here Are 10 Top Analyst Forecasts For Monday
12 Feb 24
4 Analysts Assess Construction Partners: What You Need To Know
12 Feb 24
Baird Downgrades Construction Partners to Neutral, Raises Price Target to $50
12 Feb 24
Press releases
Construction Partners, Inc. Announces Schedule for Fiscal 2024 Second Quarter Earnings Release and Conference Call
9 Apr 24
Wiregrass Construction Company, Inc. Announces Planned Management Transition
25 Mar 24
Construction Partners, Inc. to Participate in the Raymond James Institutional Investors Conference
27 Feb 24
Construction Partners, Inc. Announces Fiscal 2024 First Quarter Results
9 Feb 24