Construction Partners Inc (ROAD) latest performance of 6.07% is not what was on cards

As on Thursday, Construction Partners Inc (NASDAQ: ROAD) got off with the flyer as it spiked 6.07% to $96.85, before settling in for the price of $91.31 at the close. Taking a more long-term approach, ROAD posted a 52-week range of $39.79-$97.25.

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It was noted that the giant of the Industrials sector posted annual sales growth of 19.82% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -3.25%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 45.04%. This publicly-traded company’s shares outstanding now amounts to $43.73 million, simultaneously with a float of $42.35 million. The organization now has a market capitalization sitting at $5.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $78.38, while the 200-day Moving Average is $61.29.

Construction Partners Inc (ROAD) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Engineering & Construction industry. Construction Partners Inc’s current insider ownership accounts for 19.82%, in contrast to 84.29% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s Director sold 94,592 shares at the rate of 63.40, making the entire transaction reach 5,997,125 in total value, affecting insider ownership by 8,000. Preceding that transaction, on Aug 22 ’24, Company’s Director sold 25,408 for 61.97, making the whole transaction’s value amount to 1,574,534. This particular insider is now the holder of 102,592 in total.

Construction Partners Inc (ROAD) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

Construction Partners Inc’s EPS increase for this current 12-month fiscal period is 45.04% and is forecasted to reach 2.43 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 42.67% through the next 5 years, which can be compared against the -3.25% growth it accomplished over the previous five years trading on the market.

Construction Partners Inc (NASDAQ: ROAD) Trading Performance Indicators

Let’s observe the current performance indicators for Construction Partners Inc (ROAD). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 4.14. Alongside those numbers, its PE Ratio stands at $72.11, and its Beta score is 0.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.91. Similarly, its price to free cash flow for trailing twelve months is now 59.06.

In the same vein, ROAD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.34, a figure that is expected to reach 0.19 in the next quarter, and analysts are predicting that it will be 2.43 at the market close of one year from today.

Technical Analysis of Construction Partners Inc (ROAD)

Through scrutinizing the latest numbers posted by the [Construction Partners Inc, ROAD], it can be observed that its last 5-days Average volume of 0.54 million was better the volume of 0.36 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 53.82% While, its Average True Range was 4.58.

Raw Stochastic average of Construction Partners Inc (ROAD) in the period of the previous 100 days is set at 92.59%, which indicates a major rise in contrast to 83.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 59.19% that was higher than 52.17% volatility it exhibited in the past 100-days period.