construction partners, inc., a civil infrastructure company, engages in the construction and maintenance of roadways across alabama, florida, georgia, north carolina, and south carolina. the company, through its subsidiaries, provides various products and services to public and private infrastructure projects, with a focus on highways, roads, bridges, airports, and commercial and residential developments. it also engages in manufacturing and distributing hot mix asphalt (hma) for 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; mining aggregates, such as sand and gravel that are used as raw materials in the production of hma; and distributing liquid asphalt cement for internal use and sales to third parties in connection with hma production. the company was formerly known
Company profile
Ticker
ROAD
Exchange
Website
CEO
Charles Owens
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Construction Partners, Inc. • C.W. Roberts Contracting, Incorporated • King Asphalt, Inc. • FSC II, LLC • The Scruggs Company • Wiregrass Construction Company, Inc. • Ferebee Corporation • Ferebee Asphalt Corporation • Construction Partners Risk Management, Inc. • *C.W. Roberts Contracting, Incorporated ...
ROAD stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
10 May 24
8-K
Construction Partners, Inc. Announces Fiscal 2024 Second Quarter Results
10 May 24
8-K
Construction Partners, Inc. Announces Georgia Acquisition
1 May 24
8-K
Other Events
12 Apr 24
8-K
Departure of Directors or Certain Officers
22 Mar 24
10-Q
2024 Q1
Quarterly report
9 Feb 24
8-K
Construction Partners, Inc. Announces Fiscal 2024 First Quarter Results
9 Feb 24
DEF 14A
Definitive proxy
26 Jan 24
8-K
Construction Partners, Inc. Completes Acquisitions in Alabama and Georgia
3 Jan 24
8-K
Unregistered Sales of Equity Securities
7 Dec 23
Transcripts
ROAD
Earnings call transcript
2024 Q2
10 May 24
ROAD
Earnings call transcript
2024 Q1
9 Feb 24
ROAD
Earnings call transcript
2023 Q4
29 Nov 23
ROAD
Earnings call transcript
2023 Q3
2 Aug 23
ROAD
Earnings call transcript
2023 Q3
2 Aug 23
ROAD
Earnings call transcript
2023 Q2
5 May 23
ROAD
Earnings call transcript
2023 Q1
10 Feb 23
ROAD
Earnings call transcript
2022 Q4
23 Nov 22
ROAD
Earnings call transcript
2022 Q3
5 Aug 22
ROAD
Earnings call transcript
2022 Q2
6 May 22
Latest ownership filings
4
Todd Keith Andrews
20 May 24
144
Notice of proposed sale of securities
20 May 24
144
Notice of proposed sale of securities
20 May 24
SC 13G/A
SunTx Capital II Management Corp.
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
13 Feb 24
SC 13G/A
Invesco Ltd.
1 Feb 24
SC 13G/A
BlackRock Inc.
25 Jan 24
SC 13G/A
Conestoga Capital Advisors, LLC
5 Jan 24
4
Ned N Fleming III
22 Dec 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 50.44 mm | 50.44 mm | 50.44 mm | 50.44 mm | 50.44 mm | 50.44 mm |
Cash burn (monthly) | 6.43 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 10.69 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 39.75 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 6.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
27.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 25 |
Opened positions | 5 |
Closed positions | 158 |
Increased positions | 4 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 271.53 bn |
Total shares | 12.08 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Conestoga Capital Advisors | 4.54 mm | $197.60 bn |
SunTx Capital Management | 4.34 mm | $0.00 |
Owens Charles E | 1.25 mm | $36.39 mm |
Mirae Asset Global Investments | 569.12 k | $24.77 bn |
Raymond James & Associates | 505.20 k | $21.99 bn |
Fleming Ned N. IV | 241.01 k | $7.12 mm |
Allspring Global Investments | 175.52 k | $7.64 bn |
Oak Ridge Investments | 128.10 k | $5.57 bn |
Moody Aldrich Partners | 98.38 k | $4.28 bn |
Asset Management One | 82.02 k | $3.62 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 May 24 | Todd Keith Andrews | Class A Common Stock | Sell | Dispose S | No | No | 55 | 1,500 | 82.50 k | 26,229 |
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 44.75 | 8,891 | 397.87 k | 128,134 |
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 43.84 | 13,074 | 573.16 k | 137,025 |
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 44.75 | 11,348 | 507.82 k | 234,930 |
20 Dec 23 | SunTx Capital II Management | Class A Common Stock | Sell | Dispose S | Yes | No | 43.84 | 16,687 | 731.56 k | 246,278 |
19 Dec 23 | Todd Keith Andrews | Class A Common Stock | Payment of exercise | Dispose F | No | No | 43.75 | 171 | 7.48 k | 27,729 |
19 Dec 23 | Judson Ryan Brooks | Class A Common Stock | Payment of exercise | Dispose F | No | No | 43.75 | 181 | 7.92 k | 36,317 |
19 Dec 23 | Gregory A Hoffman | Class A Common Stock | Payment of exercise | Dispose F | No | No | 43.75 | 226 | 9.89 k | 47,245 |
News
Baird Maintains Neutral on Construction Partners, Raises Price Target to $60
13 May 24
Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What's Driving Markets Friday? (CORRECTED)
10 May 24
Construction Partners Q2 2024 GAAP EPS $(0.02) Beats $(0.03) Estimate, Sales $371.400 Miss $366.054M Estimate
10 May 24
Construction Partners Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
10 May 24
Press releases
Construction Partners, Inc. Announces Fiscal 2024 Second Quarter Results
10 May 24
Construction Partners, Inc. Completes Georgia Acquisition
1 May 24
Construction Partners, Inc. Announces Schedule for Fiscal 2024 Second Quarter Earnings Release and Conference Call
9 Apr 24
Wiregrass Construction Company, Inc. Announces Planned Management Transition
25 Mar 24
Construction Partners, Inc. to Participate in the Raymond James Institutional Investors Conference
27 Feb 24