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NASDAQ: ROAD
Construction Partners Inc Stock Forecast, Predictions & Price Target

Analyst price target for ROAD

Based on 3 analysts offering 12 month price targets for Construction Partners Inc.
Min Forecast
$49.00-14.63%
Avg Forecast
$52.00-9.41%
Max Forecast
$57.00-0.7%

Should I buy or sell ROAD stock?

Based on 3 analysts offering ratings for Construction Partners Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ROAD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-12Find Out Why
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2023-12-01

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Forecast return on equity

Is ROAD forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
21.34%

Forecast return on assets

Is ROAD forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ROAD revenue forecast

What is ROAD's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.8B+11.96%
Avg 2 year Forecast
$2.0B+21.36%
ROAD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ROAD earnings growth forecast

How is ROAD forecast to perform vs Engineering & Construction companies and vs the US market?
Company
-2.77%
Industry
42.43%
Market
28.66%
ROAD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ROAD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ROAD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ROAD revenue growth forecast

How is ROAD forecast to perform vs Engineering & Construction companies and vs the US market?
Company
5.36%
Industry
3.92%
Market
9.63%
ROAD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ROAD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ROAD vs Engineering & Construction Stocks

TickerPricePrice TargetUp/downsideConsensus
ROAD$57.40$52.00-9.41%Strong Buy
MYRG$175.25$171.33-2.24%Strong Buy
STRL$113.43$115.00+1.38%Hold
GVA$57.36$64.00+11.58%Strong Buy
IESC$116.12N/AN/A

Construction Partners Stock Forecast FAQ

Is Construction Partners Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: ROAD) stock is to Strong Buy ROAD stock.

Out of 3 analysts, 2 (66.67%) are recommending ROAD as a Strong Buy, 0 (0%) are recommending ROAD as a Buy, 1 (33.33%) are recommending ROAD as a Hold, 0 (0%) are recommending ROAD as a Sell, and 0 (0%) are recommending ROAD as a Strong Sell.

If you're new to stock investing, here's how to buy Construction Partners stock.

What is ROAD's revenue growth forecast for 2024-2025?

(NASDAQ: ROAD) Construction Partners's forecast annual revenue growth rate of 5.36% is forecast to beat the US Engineering & Construction industry's average forecast revenue growth rate of 3.92%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.63%.

Construction Partners's revenue in 2024 is $1,618,274,000.On average, 2 Wall Street analysts forecast ROAD's revenue for 2024 to be $95,716,847,908, with the lowest ROAD revenue forecast at $95,617,532,460, and the highest ROAD revenue forecast at $95,816,163,356.

In 2025, ROAD is forecast to generate $103,748,192,361 in revenue, with the lowest revenue forecast at $103,690,610,532 and the highest revenue forecast at $103,805,774,190.

What is ROAD's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: ROAD) forecast ROA is N/A, which is lower than the forecast US Engineering & Construction industry average of N/A.

What is ROAD's Price Target?

According to 3 Wall Street analysts that have issued a 1 year ROAD price target, the average ROAD price target is $52.00, with the highest ROAD stock price forecast at $57.00 and the lowest ROAD stock price forecast at $49.00.

On average, Wall Street analysts predict that Construction Partners's share price could fall to $52.00 by Feb 12, 2025. The average Construction Partners stock price prediction forecasts a potential downside of 9.41% from the current ROAD share price of $57.40.

What is ROAD's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: ROAD) forecast ROE is N/A, which is considered weak.
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