Construction Partners Inc stock declines amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2024
0mins
Should l Buy ROAD?
Construction Partners Inc's stock fell by 5.05% as it crossed below the 5-day SMA, reflecting a challenging trading environment.
The decline in Construction Partners Inc's stock price is attributed to broad market weakness, with both the Nasdaq-100 and S&P 500 experiencing losses of 0.27% and 0.19%, respectively. This market trend has led to a sector rotation, impacting construction stocks negatively.
Investors may need to reassess their positions in the construction sector as broader market conditions remain unfavorable, potentially leading to further volatility in stock prices.
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Analyst Views on ROAD
Wall Street analysts forecast ROAD stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 105.890
Low
115.00
Averages
119.50
High
124.00
Current: 105.890
Low
115.00
Averages
119.50
High
124.00
About ROAD
Construction Partners, Inc. is a vertically integrated civil infrastructure company operating in local markets throughout the Sunbelt in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. Through its wholly owned subsidiaries, the Company provides a variety of products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports and commercial and residential developments. Its primary operations consist of manufacturing and distributing hot mix asphalt (HMA) for both 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, and mining aggregates, such as sand, gravel and construction stone, that are used as raw materials in the production of HMA and for sales to third parties.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Release Schedule: Construction Partners, Inc. will announce its fiscal 2026 second quarter results on May 8, 2026, before market open, indicating the company's commitment to transparency and investor communication, which may influence investor confidence.
- Conference Call Details: The company has scheduled a conference call on the same day at 10:00 a.m. Eastern Time to discuss its results, allowing investors to participate via phone or webcast, demonstrating the company's focus on investor relations.
- Replay Availability: A replay of the conference call will be available until May 15, allowing investors who cannot attend live to access key information, thereby enhancing information accessibility and engagement with stakeholders.
- Company Background: Construction Partners, Inc. specializes in civil infrastructure construction and maintenance in the Sunbelt region, with a diverse portfolio that includes public and private projects, showcasing the company's adaptability and market presence in infrastructure development.
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- First Cohort of Dual Listings: Nasdaq Texas's inaugural group includes companies like APA Corporation, Construction Partners Inc., and J.B. Hunt Transportation Services, reflecting the diversity and dynamism of Texas's economy and expected to drive a new era of capital formation.
- Historic Launch Ceremony: The Closing Bell ceremony at the Alamo celebrates the official launch of Nasdaq Texas, showcasing Nasdaq's commitment to Texas's business-friendly environment while attracting global investor attention.
- Long-term Commitment: The launch of Nasdaq Texas represents not just the establishment of an exchange but a foundational commitment to Texas's economic growth, aimed at providing deep liquidity and market technology support for companies across sectors like technology, energy, and life sciences.
- Support from Leadership: The attendance of Texas's Governor and Lt. Governor at the ceremony underscores the close collaboration between Nasdaq Texas and state government, highlighting the exchange's significance in driving innovation and economic development in Texas.
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- Dual Listing Opportunities: Nasdaq Texas officially launches as a dual listing venue for U.S. companies, designed to leverage Texas' business-friendly environment while maintaining access to Nasdaq's suite of services and technology, which is expected to attract more enterprises.
- Historic Ceremony: The Closing Bell ceremony held at the Alamo in Texas was attended by Governor Greg Abbott and Lt. Governor Dan Patrick, marking the full operational launch of Nasdaq Texas and celebrating the state's leadership in capital markets.
- First Cohort of Companies: The inaugural group of dual-listed companies includes APA Corporation and J.B. Hunt, showcasing the diversity and dynamism of Texas' economy, as these firms aim to define a new era of capital formation in the state.
- Long-term Commitment: The launch of Nasdaq Texas represents a foundational commitment to Texas' economic growth, aiming to provide companies across sectors with deep liquidity and access to global investors, further solidifying its position in the capital markets.
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- Revenue Growth Target: Construction Partners, Inc. aims to double its revenue to $6 billion by 2030, building on a robust 54% growth to $2.8 billion in FY2025, highlighting its strong growth potential in the infrastructure sector.
- Strong Backlog: The company boasts a record backlog of $3.03 billion, supported by the Infrastructure Investment and Jobs Act, providing multi-year visibility for future revenue growth, although this growth remains heavily reliant on acquisition activity.
- Vertical Integration Advantage: ROAD operates over 90 asphalt plants and aggregate facilities, capturing both manufacturing and contracting margins while mitigating supply chain risks, thus maintaining a competitive edge in the rapidly growing Sunbelt region.
- Improved Financial Performance: Adjusted EBITDA grew by 92% in FY2025, with management targeting an increase in margins from 15.1% to 17% by 2030, leveraging acquisitions and existing plant capacity, demonstrating its financial health and growth potential.
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- Share Sale Details: Geneva Capital Management sold 95,151 shares of Ollie's Bargain Outlet in Q4 2026, with an estimated transaction value of $11.47 million, demonstrating the firm's adaptability amid market fluctuations.
- Ownership Percentage Change: Following the sale, Geneva's stake in Ollie's decreased from 2.34% to 2.13%, indicating a cautious approach towards the stock while still retaining a degree of investment confidence.
- Market Performance Analysis: As of February 11, 2026, Ollie's shares were priced at $113.75, reflecting a 10% increase over the year, yet underperforming the S&P 500 by 4.39 percentage points, suggesting mixed market expectations for future growth.
- Expansion Plans: Ollie's opened 86 new stores and acquired Big Lots in fiscal 2025, showcasing its commitment to expansion in an uncertain economic environment, potentially laying the groundwork for future revenue growth.
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- Investor Conference Participation: Construction Partners will attend the Barclays 43rd Annual Industrial Select Conference on February 17-18, 2026, showcasing its expertise in roadway construction, which is expected to attract potential investor interest.
- Fireside Chat Broadcast: The company will hold a fireside chat at the Raymond James 47th Annual Institutional Investors Conference on March 2, 2026, starting at 2:50 PM Eastern Time, aimed at enhancing transparency and building investor trust.
- Business Model Overview: Construction Partners focuses on roadway construction and maintenance in Southern markets, primarily relying on public projects that include interstate highways, airport runways, and bridges, demonstrating its strong market position in infrastructure.
- Regional Market Coverage: The company operates across multiple states including Alabama, Florida, and Georgia, leveraging its hot-mix asphalt plants and aggregate facilities to ensure efficient project delivery and service quality, further solidifying its competitive edge.
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