The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Construction Partners Inc (NASDAQ: ROAD) closed at $73.23 in the last session, up 1.89% from day before closing price of $71.87. In other words, the price has increased by $1.89 from its previous closing price. On the day, 0.52 million shares were traded. ROAD stock price reached its highest trading level at $73.623 during the session, while it also had its lowest trading level at $70.35.
Ratios:
We take a closer look at ROAD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.50.
On February 12, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also upped its target price recommendation from $46 to $50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 20 ’24 when Andrews Todd Keith sold 5,489 shares for $91.84 per share. The transaction valued at 504,110 led to the insider holds 17,394 shares of the business.
Todd K. Andrews bought 5,489 shares of ROAD for $504,088 on Dec 20 ’24. On Dec 16 ’24, another insider, Andrews Todd Keith, who serves as the Chief Accounting Officer of the company, sold 2,511 shares for $95.86 each. As a result, the insider received 240,704 and left with 19,339 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROAD now has a Market Capitalization of 4097174784 and an Enterprise Value of 5228757504. As of this moment, Construction’s Price-to-Earnings (P/E) ratio for their current fiscal year is 68.68, and their Forward P/E ratio for the next fiscal year is 26.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 5.05. Its current Enterprise Value per Revenue stands at 2.629 whereas that against EBITDA is 21.997.
Stock Price History:
The Beta on a monthly basis for ROAD is 0.85, which has changed by 0.26520383 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, ROAD has reached a high of $103.69, while it has fallen to a 52-week low of $49.16. The 50-Day Moving Average of the stock is -4.04%, while the 200-Day Moving Average is calculated to be -1.93%.
Shares Statistics:
According to the various share statistics, ROAD traded on average about 600.22K shares per day over the past 3-months and 507980 shares per day over the past 10 days. A total of 47.16M shares are outstanding, with a floating share count of 45.93M. Insiders hold about 17.91% of the company’s shares, while institutions hold 83.28% stake in the company. Shares short for ROAD as of 1741910400 were 3882110 with a Short Ratio of 6.47, compared to 1739491200 on 3473739. Therefore, it implies a Short% of Shares Outstanding of 3882110 and a Short% of Float of 8.36.
