Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Construction Partners Inc (NASDAQ: ROAD) closed at $57.83 in the last session, down -4.65% from day before closing price of $60.65. In other words, the price has decreased by -$4.65 from its previous closing price. On the day, 0.87 million shares were traded. ROAD stock price reached its highest trading level at $60.33 during the session, while it also had its lowest trading level at $57.33.
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 52.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.87.
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 Aug 23 ’24 when Matteson Mark R sold 94,592 shares for $63.40 per share. The transaction valued at 5,997,125 led to the insider holds 8,000 shares of the business.
Matteson Mark R sold 25,408 shares of ROAD for $1,574,534 on Aug 22 ’24. The Director now owns 102,592 shares after completing the transaction at $61.97 per share. On Aug 22 ’24, another insider, Matteson Mark R, who serves as the affiliate of the company, bought 120,000 shares for $61.43 each.
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 3051209216 and an Enterprise Value of 3655605504. As of this moment, Construction’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.06, and their Forward P/E ratio for the next fiscal year is 32.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 5.52. Its current Enterprise Value per Revenue stands at 2.076 whereas that against EBITDA is 17.893.
Stock Price History:
Over the past 52 weeks, ROAD has reached a high of $66.78, while it has fallen to a 52-week low of $33.24. The 50-Day Moving Average of the stock is -2.34%, while the 200-Day Moving Average is calculated to be 11.38%.
Shares Statistics:
According to the various share statistics, ROAD traded on average about 328.90K shares per day over the past 3-months and 276810 shares per day over the past 10 days. A total of 43.73M shares are outstanding, with a floating share count of 42.30M. Insiders hold about 19.84% of the company’s shares, while institutions hold 85.47% stake in the company. Shares short for ROAD as of 1723680000 were 2020376 with a Short Ratio of 6.14, compared to 1721001600 on 2225174. Therefore, it implies a Short% of Shares Outstanding of 2020376 and a Short% of Float of 5.53.
