CONSTRUCTION PARTNERS INC CLASS A (ROAD)
Industrials · civil engineering and construction · NASDAQ
A leading southeastern U.S. civil infrastructure firm focused on roadway construction, paving, and asphalt production.
What CONSTRUCTION PARTNERS INC CLASS A does
Construction Partners, Inc. is a civil infrastructure company specializing in the construction and maintenance of roadways across the southeastern United States. The company provides a full range of services including asphalt manufacturing, paving, site development, utility installation, and concrete work. Its operations serve both public and private sector clients, focusing primarily on infrastructure improvement projects.
Themes: US infrastructure spending, roadway construction / asphalt paving, public infrastructure projects, regional construction services
Fundamentals
- Price$88.33 as of 2026-10-08 close
- Market cap$5.0B as of 2026-08-05 (share count; price 2026-10-08)
- 1-year return-29.4% 2025-10-08 close $125.13 → 2026-10-08 close $88.33
- P/E34.69 as of 2026-10-08
- Net margin+3.6% FY2025, SEC XBRL
- Gross margin+15.6% FY2025, SEC XBRL
- ROE+11.2% FY2025, SEC XBRL
- Debt / equity1.72 as of 2026-09-02
- Revenue growth (YoY)+41.9% as of 2026-09-02
- Revenue CAGR (3y)+29.3% SEC XBRL
- Beta1.45 as of 2026-09-02
- Last reported earnings2026-08-07 SEC EDGAR Form 8-K (Item 2.02)
Dividend: at least 1 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How ROAD compares in its sector
- price-to-earnings ratiomiddle range 349 covered Industrials peers, as of 2026-10-08
- net profit marginmiddle range 417 covered Industrials peers, as of 2026-09-02
- operating marginmiddle range 392 covered Industrials peers, as of 2026-09-02
- gross marginbottom 25% 253 covered Industrials peers, as of 2026-09-02
- return on equitymiddle range 432 covered Industrials peers, as of 2026-09-02
- 3-year revenue CAGRtop 10% 428 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)middle range 417 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
ROAD is not currently in any published Top 10 list. Its scores are below.
Top 10 score
40.5 #1172 of 1,379 scored · #204 of 238 in Industrials
Growth 92nd (revenue growth year over year 41.9%, 3-year revenue CAGR 29.3%) and profitability 44th (return on equity 11.2%, operating margin 8%); weakest is trend (14th, trading below its 200-day average).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which ROAD reported a dividend payment is FY2017, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2017 ratio would not describe ROAD today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2017) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.
How CONSTRUCTION PARTNERS INC CLASS A looks technically
CONSTRUCTION PARTNERS INC CLASS A (ROAD) is trading 22.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 62 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 5 trading days ago (its momentum flipped positive). It just made a new 20-day low, breaking below its recent trading range. It is 2.4% above its 52-week low (its lowest price of the past year). Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 22.0% below its 200-day average, the long-term trend line — a long-term downtrend | -22.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $103.01 | $103.01 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $113.27 | $113.27 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 57 calendar days ago — the swings before that are what the structure reading is measured on | 57 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 123.46. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 62 trading days ago — a "death cross", a bearish long-term signal | 62 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 30, with sellers in control | 29.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 37, neither overbought (above 70) nor oversold (below 30) | 37.1 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($86.30 to $97.11) — its "stochastic" reading is 19 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 18.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 5 trading days ago (its momentum flipped positive) | 5 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $151.00 | $151.00 |
|---|---|---|
| From the 52-week high | it is 41.5% below its 52-week high (its highest price of the past year) | -41.5% |
| Above the 52-week low | it is 2.4% above its 52-week low (its lowest price of the past year) | +2.4% |
| Below the 52-week high | it is 41.5% below its highest point of the past year | 41.5% |
| Since a 20-day breakout | it just made a new 20-day low, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day low, breaking below its recent trading range | 1 session |
| All-time high | its highest closing price on record is $151.00 (set on 2026-05-08) | $151.00 |
| Given back of the 52-week move | over the past year its closes ranged ($88.33 to $140.48), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $120.56 to $122.23. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.0% |
| From the all-time high | it is 41.5% below its all-time high | -41.5% |
| Nearest price level | it is sitting right on a support level at $88.13 — a price it turned at twice since 2024-11-15, most recently on 2024-12-18. Since 2024-10-08 it has 4 such levels below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.2% |
| All-time low | its lowest closing price on record is $7.70 (set on 2018-12-21) | $7.70 |
| Above the all-time low | it is 1047.1% above its all-time low | +1,047% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move | 2nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $4.16 between its high and its low — about 4.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $4.16 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $87.15 and $98.83 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $87.15 – $92.99 – $98.83 |
| Typical daily range (% of price) | its price moves about 4.7% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.7% |
| Stretch from the 200-day average | it is trading 6.0 daily ranges below its 200-day average price (22.0% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.0 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.94× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 1.7% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.7% |
|---|---|---|
| Open gap | it gapped 2.6% below the previous close 1 session ago and has not traded back through the level it left behind at 93.89 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.6% |
| Gap filled | a 2.6% gap up opened on 2026-10-02 has been "filled" 3 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 3 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -5.92% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 15.4 percentage points (the stock lost 14.3% while the market gained 1.0%) | -15.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 17.1 percentage points (the stock lost 13.3% while the market gained 3.8%) | -17.1% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 36.3 percentage points (the stock lost 18.9% while the market gained 17.5%) | -36.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 44.4 percentage points (the stock lost 29.4% while the market gained 15.0%) | -44.4% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: MACD momentum is positive, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 19% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 2.9% of the share price. | -19.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 21% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $112.39 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP. | -21.4% |
|---|---|---|
| Vs the average paid since it last reported | the price is 15% below the average price paid since it last reported on 2026-08-07 (its 10-Q), so the typical buyer over that stretch is under water. That average is $103.49 — a volume-weighted average of daily closes over 44 sessions, not a true tick-by-tick VWAP. | -14.7% |
Price levels it has turned at before
ROAD last closed at $88.33 on 2026-10-08. Since 2024-10-08 it has turned at 4 prices below its last close and 13 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $88.13 | Support | 0.2% below the last close | turned there twice · 2024-11-15 to 2024-12-18 |
| $92.88 | Resistance | 5.2% above the last close | turned there three times · 2025-02-07 to 2026-07-13 |
| $94.67 | Resistance | 7.2% above the last close | turned there three times · 2025-01-06 to 2025-11-20 |
| $81.50 | Support | 7.7% below the last close | turned there twice · 2025-03-25 to 2025-04-14 |
| $98.27 | Resistance | 11.3% above the last close | turned there four times · 2024-11-12 to 2026-08-06 |
| $77.56 | Support | 12.2% below the last close | turned there twice · 2024-11-04 to 2025-01-28 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $123.46.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 28 trading days, since 2026-08-31.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low · MACD just crossed bullish (12/26/9) · in a Bollinger Band volatility squeeze | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.33 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$142.57 range $130.00 – $165.00; median $139.00
Analyst estimates, as of 2026-10-05. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ROAD
- Consensus EPS estimate$1.42 next reporting period, as of 2026-10-05
- Estimate change, 30 days-$0.01 (-0.7%) from $1.43, on 2026-08-31, 35-day window
- Readings revised upward0% of 5 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant reliance on government funding for public infrastructure projects.","High degree of competition in the civil construction industry, which can pressure margins.","Exposure to fluctuations in the cost and availability of raw materials like liquid asphalt and aggregates."]
What changed in the latest 10-Q
AI-assisted comparison of ROAD's 10-Q filed 2026-05-08 against the prior one filed 2026-02-09.
Management's Discussion & Analysis (MD&A)
- Added:
- Added April 1, 2026 acquisition: Four Star Paving, LLC, a commercial paving contractor in Nashville, Tennessee metro area (filed 2026-05-08)
- Added reference to Note 20 - Subsequent Events for Four Star Paving acquisition (filed 2026-05-08)
- Reworded:
- Contract backlog date changed from December 31, 2025 to March 31, 2026 (filed 2026-05-08)
- Backlog of uncompleted work changed from $2.4 billion at December 31, 2025 to $2.6 billion at March 31, 2026 (filed 2026-05-08)
- Low bid/no contract backlog changed from $0.7 billion at December 31, 2025 to $0.5 billion at March 31, 2026 (filed 2026-05-08)
- Vulcan Materials acquisition date changed from October 6, 2025 to October 3, 2025 (filed 2026-05-08)
- Vulcan Materials acquisition reference moved from Note 4 in newer filing; older filing references Note 4, newer filing also references Note 4 (filed 2026-05-08)
- GMJ Paving acquisition reference changed from Note 20 - Subsequent Events (older filing) to Note 4 - Business Acquisitions (newer filing, filed 2026-05-08)
- Notes:
- Text in both filings is truncated at the end of the Gross Profit section; comparison limited to complete portions visible
- The shift of GMJ Paving and Four Star Paving from 'Subsequent Events' note in older filing to being described as completed transactions in newer filing reflects passage of time between filing dates
Risk Factors
- Added:
- Newer filing (2026-05-08) covers six-month period ended March 31, 2026 instead of three-month period ended December 31, 2025
- Newer filing includes consolidated statements of comprehensive income for six-month periods ended March 31, 2026 and 2025
- Newer filing includes consolidated statements of stockholders' equity for six-month period ended March 31, 2026 and 2025
- Newer filing balance sheet dated March 31, 2026 compared to older filing balance sheet dated December 31, 2025
- Newer filing includes comparative period data for March 31, 2025 in income statement and stockholders' equity statement
- Removed:
- Older filing three-month period ended December 31, 2025 income statement removed in newer filing
- Older filing consolidated statements of stockholders' equity for three-month period ended December 31, 2025 removed
- Older filing consolidated statements of cash flows removed from newer filing section shown
- Older filing balance sheet dated December 31, 2025 not included in newer filing
- Reworded:
- Balance sheet header changed from 'December 31, September 30, 2025' to 'March 31, September 30, 2026' to reflect new reporting period
- Income statement header changed from 'For the Three Months Ended December 31' to 'For the Three Months Ended March 31' and added 'For the Six Months Ended March 31' columns
- Page numbering in table of contents changed from pages 35-38 to pages 40-42 reflecting document length changes
- Notes:
- The Risk Factors section heading appears in both filings but the actual risk factors content is not provided in either excerpt for detailed comparison
- Financial data presented is from different fiscal periods (Q2 2026 in newer filing vs Q1 2026 in older filing), making direct comparison of absolute figures not meaningful without understanding seasonal business patterns
- The older filing excerpt cuts off mid-sentence in the cash flows statement, limiting complete assessment of all removed content
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for ROAD — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding ROAD as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 12,551,764
- Reported value $1,490,772,941
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 0 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about ROAD's institutional holders → See what each manager we track holds →
Short interest (FINRA)
ROAD had 3,834,535 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for ROAD because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 3,834,535
- Prior settlement (shares) 3,538,044
- Reported change 8.38%
- Days to cover (reported) 8.45
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Vulcan Materials (VMC)
- Martin Marietta Materials (MLM)
- Granite Construction (GVA)
- Sterling Infrastructure (STRL)
- Fluor Corporation (FLR)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare ROAD vs…
Frequently asked questions
What does CONSTRUCTION PARTNERS INC CLASS A (ROAD) do?
Construction Partners, Inc. is a civil infrastructure company specializing in the construction and maintenance of roadways across the southeastern United States. The company provides a full range of services including asphalt manufacturing, paving, site development, utility installation, and concrete work. Its operations serve both public and private sector clients, focusing primarily on infrastructure improvement projects.
What sector is CONSTRUCTION PARTNERS INC CLASS A (ROAD) in?
CONSTRUCTION PARTNERS INC CLASS A (ROAD) is classified in the Industrials sector. Its industry is civil engineering and construction. It trades on NASDAQ.
Who are CONSTRUCTION PARTNERS INC CLASS A's (ROAD) competitors?
Notable peers of CONSTRUCTION PARTNERS INC CLASS A (ROAD) include Vulcan Materials, Martin Marietta Materials, Granite Construction, Sterling Infrastructure and Fluor Corporation. This peer set is informational only — not financial advice.
Is CONSTRUCTION PARTNERS INC CLASS A (ROAD) overbought or oversold right now?
CONSTRUCTION PARTNERS INC CLASS A (ROAD) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 37, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ROAD come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.