Jul. 17 at 2:48 PM
$ROAD "Construction Partners, Inc. (NASDAQ: ROAD) has a bullish long-term outlook with a consensus Wall Street rating of "Moderate Buy" to "Strong Buy" and an average 12-month price target ranging between
$134.17 and
$145.40, implying over 25% potential upside.
S&P Dow Jones Indices announced that Construction Partners will join the S&P SmallCap 600, a major catalyst boosting near-term institutional buying.
Revenue grew by over 30% on a multi-year annualized basis, pulling in
$2.81 Billion in trailing revenue backed by civil infrastructure expansion.
Due to raw materials and heavy equipment overhead, the firm operates on thin margins, including an EBIT margin of 8.3% and a net margin of 3.9%."
