Construction Partners, Inc. (ROAD) is a fast-growing vertically integrated asphalt and civil infrastructure contractor serving Sunbelt markets, delivering robust revenue expansion via acquisitions and backlog execution amid generally bullish analyst views and notable stock volatility.

Data as of early August 2026. All information sourced from public filings, analyst reports, and company disclosures.

Stock Performance & Company Financials

Historical Stock Performance

Fact: Annual total returns based on closing prices (source: Macrotrends historical data).

Year Return Notes
2025 +22.71% Strong gains amid revenue growth
2024 +103.26% Exceptional performance
2023 +63.06%
2022 -9.25%
2021 +1.03%
2020 +72.55%
2019 +91.05% Post-IPO period

Interpretation: ROAD has significantly outperformed the broader market over multi-year periods (e.g., ~195% 3-year return vs. S&P 500 ~72%).

Data Limitation: Returns are historical and past performance does not guarantee future results. 52-week high reached ~$140.48 (May 2026); recent YTD 2026 performance negative (~-7.7% as of early Aug data points).

Key Financial Metrics

Fiscal 2025 Revenue: $2.81 billion +54.2% YoY

TTM Revenue (as of Mar 2026): ~$3.26 billion

TTM EPS: $2.29

TTM Net Income: $127 million

Profit Margin: 3.90%

Project Backlog (record levels):

  • Jun 30, 2026: $3.36 billion
  • Mar 31, 2026: $3.14 billion
  • Dec 31, 2025: $3.09 billion

FY2026 Guidance (raised post-Q3): Revenue $3.64B–$3.68B; Net Income $165M–$168M

Recent Quarterly Highlights (Fact from earnings releases)

Quarter Revenue YoY Growth Net Income
Q3 FY2026 (ended Jun 30) $999.4 million +28.2% $59.6 million
Q2 FY2026 $769.2 million +34.5% $9.2 million
Q1 FY2026 $809.5 million +44.1% $17.2 million

Interpretation: Strong organic and acquisition-driven growth; vertically integrated model (asphalt plants, aggregates, paving) supports margins and execution.

Investor Relations Site | Yahoo Finance Profile | Historical Performance

Analyst Ratings

Consensus (as of early Aug 2026, ~5-8 analysts): Predominantly Buy/Strong Buy with average 12-month price targets ranging $134–$147.50 (high $165, low $130–$145).

Firm Rating Recent Price Target Date / Action
Raymond James Strong Buy $150 (lowered from $161) Jul 15, 2026
Baird Outperform $145 (lowered from $169) Jul 1, 2026
Truist Hold Initiated Jun 3, 2026
Others (aggregated) Mostly Buy Avg. ~$134–$147.50 Various 2026

Fact: Company added to S&P SmallCap 600 on July 22, 2026 (replacing Molina Healthcare).

Interpretation: Analysts remain constructive on growth outlook and backlog despite some target reductions amid market volatility and higher interest rates.

Uncertainty: Ratings and targets are subject to frequent revision based on quarterly results, macroeconomic conditions, and acquisition integration.

Data Limitation: Analyst coverage is limited (small/mid-cap stock); targets reflect estimates only and are not guarantees. Q3 2026 earnings call scheduled for Aug 7, 2026.

TipRanks Consensus | Yahoo Analyst Estimates

Customers & Competitors

Customers

Fact: Serves public and private sector infrastructure projects including highways, roads, bridges, airports, commercial/residential developments, data centers, and event-related infrastructure (e.g., FIFA World Cup preparations in Houston).

Interpretation: Diversified across public infrastructure spending and private development in high-growth Sunbelt markets.

Competitors

Fact: Operates in a fragmented, locally competitive industry; direct competitors are often regional private firms due to limited asphalt plant haul radii.

Public Peer Focus / Differentiation Market Cap (approx.)
Granite Construction (GVA) Heavy civil, transportation; more national scope ~$5.4B
Primoris Services (PRIM) Infrastructure, energy, utilities ~$4.5B
Sterling Infrastructure (STRL) Infrastructure construction ~$16.7B
Jacobs Solutions (J) Engineering & construction services Larger diversified

Interpretation: ROAD's vertical integration and regional density provide competitive advantages in its core Sunbelt footprint vs. broader peers.

Data Limitation: Competitor list is illustrative; many direct rivals are private and not directly comparable on public metrics. Market caps approximate and fluctuate.

Company Website | MarketBeat Peers

This analysis aggregates publicly available information as of August 2026. Not investment advice. Always verify with primary sources. Financial data subject to revision in official filings.