Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Construction Partners Inc (NASDAQ: ROAD) closed at $73.01 in the last session, up 4.90% from day before closing price of $69.60. In other words, the price has increased by $4.90 from its previous closing price. On the day, 0.61 million shares were traded.
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 30.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.29. 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:
As of this moment, Construction’s Price-to-Earnings (P/E) ratio for their current fiscal year is 68.47, and their Forward P/E ratio for the next fiscal year is 26.84. 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 2.05 while its Price-to-Book (P/B) ratio in mrq is 5.03.
Stock Price History:
Over the past 52 weeks, ROAD has reached a high of $103.69, while it has fallen to a 52-week low of $46.26. The 50-Day Moving Average of the stock is -14.45%, while the 200-Day Moving Average is calculated to be 0.26%.
Shares Statistics:
A total of 47.16M shares are outstanding, with a floating share count of 45.76M. Insiders hold about 18.22% of the company’s shares, while institutions hold 83.22% stake in the company.
