How to Buy Construction Partners Stock
Construction Partners Inc
Construction Partners, Inc. , a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina.
Construction Partners stock last closed at $52.94, down 1.53% from the previous day, and has increased 107.36% in one year. It has overperformed other stocks in the Engineering & Construction industry by 0.58 percentage points. Construction Partners stock is currently +118.76% from its 52-week low of $24.20, and -9.74% from its 52-week high of $58.65.
At the moment, there are 52.83M shares of ROAD outstanding. The market cap of ROAD is $2.80B. In the last 24 hours, 338,980 ROAD shares were traded.
How to Buy Construction Partners Stock
Wondering how to invest in Construction Partners stock? Here's how.
- Decide where to buy Construction Partners stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Construction Partners stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Select your method of payment and add your details.
- Evaluate Construction Partners stock: The Construction Partners ticker symbol is ROAD. Is Construction Partners stock a good investment? Should you buy shares of ROAD? How do ROAD's underlying business fundamentals look? Do top analysts think Construction Partners is a good buy? Why has ROAD's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ROAD is a good stock to buy).
- Place your ROAD trade: Decide if you will purchase ROAD shares at the current market price or use a limit order to buy ROAD shares at a particular price.
- Get updates on your investment in ROAD: Create a watchlist to monitor your new investment in Construction Partners stock.
Step 1: Decide where to buy Construction Partners stock
You will need a brokerage account to access the NASDAQ market and buy ROAD stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in ROAD stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on apps for stock market, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Construction Partners stock
After you have chosen the best place to buy Construction Partners stock, it's important to evaluate their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Construction Partners Metrics
Construction Partners Due Diligence Checks
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ROAD's stock page.
Is ROAD stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge ROAD's intrinsic value.
Using relative valuations ratios:
- ROAD may be overvalued based on its P/E ratio of 48.13x, relative to Engineering & Construction industry P/E ratio of 35.34x
- ROAD may be overvalued based on its P/B ratio of 5.37x, relative to Engineering & Construction industry P/B ratio of 4.09x
You can access more valuation analysis on ROAD's stock here.
A quick look at ROAD Financials
Pros:
- ROAD's operating cash flow of $188.65M allows it to safely service it's debt of $461.04M.
- ROAD profit margin has gone up from 1.3% to 3.5% in the past year.
- ROAD earnings of $93.10M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ROAD balance sheet.
Cons:
- Total ROAD debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the ROAD balance sheet.
- ROAD has a relatively high debt to equity ratio of 1.45.
Do Wall Street analysts think it's a good time to buy Construction Partners stock
Out of 3 Wall Street analysts who track ROAD, the consensus analyst rating on ROAD is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Construction Partners stock forecast page.
Metrics for Advanced ROAD Traders
ROAD Earnings
Last year, ROAD earnings were $56.95M. In the past 5 year, ROAD's earnings have increased by 2.98% per year. This was slower than the Engineering & Construction industry average of 18.91%.
Last year, ROAD revenue was $1.62B. During the last 5 year, ROAD's revenue has gone up by 18.8% per year. This was faster than the Engineering & Construction industry average of 10.52%.
Dive into ROAD's earnings and revenue performance here.
Are ROAD executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at ROAD have sold more shares than they have bought.
Suntx Capital Ii Management Corp, Director of ROAD, was the latest ROAD insider to sell. They sold $397,872.25 worth of ROAD stock on Dec 20, 2023.
Dig into more about who owns ROAD shares here.
Does ROAD provide a stable income stream?
No, Construction Partners doesn't provide an income stream by paying out dividends.
What do other traders have to say about ROAD?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your ROAD trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you want more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in ROAD
Now that you own some ROAD stock, you'll want to keep up with your company.
Add ROAD to a watchlist to monitor your ROAD stock.
ROAD Feed
How to Buy Stock in Construction Partners
To summarize, here are the 6 steps to buy stock in Construction Partners:
- Decide where to buy Construction Partners stock
- Open a brokerage account
- Deposit money your investment account
- Evaluate Construction Partners stock
- Place your ROAD trade
- Get updates on your investment in ROAD
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Construction Partners, click below.
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