Construction Partners Stock Intrinsic Value – Construction Partners to Reveal Earnings Wednesday
November 24, 2023
🌥️Trending News
Construction Partners ($NASDAQ:ROAD) Inc. is set to reveal its earnings on Wednesday, and all eyes are on the construction services company. Headquartered in Gulfport, Mississippi, Construction Partners specializes in road construction, bridge construction, and other infrastructure services in the Southeastern United States. With almost two decades of experience in the industry, the company has established itself as a leader in quality and customer service. Investors and analysts are expecting strong earnings results from Construction Partners this week, with many predicting the company will beat its estimates.
Analysts are also watching the company closely to see how it navigates the road ahead as the economy gradually recovers. In light of the expectation for strong earnings, Construction Partners’ stock has been steadily rising over the past month. With Wednesday’s announcement, investors will be looking for confirmation that the company is on the right track for long-term success.
Earnings
This Wednesday, CONSTRUCTION PARTNERS is set to reveal their earnings from the latest quarter of fiscal year 2023, ending June 30th 2021. According to reports, their total revenue was 261.66M USD and their net income was 9.34M USD. Compared to previous year, CONSTRUCTION PARTNERS saw a 31.2% decrease in total revenue and a 23.3% decrease in net income.
Despite these losses, CONSTRUCTION PARTNERS has seen an increase in total revenue over the last 3 years, with a total increase from 261.66M USD to 421.89M USD. Investors will be keeping a close eye on the company’s earnings announcement to gain a better understanding of their financial health.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Construction Partners. More…
| Total Revenues | Net Income | Net Margin |
| 1.48k | 31.2 | 1.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Construction Partners. More…
| Operations | Investing | Financing |
| 120.76 | -157.36 | 65.36 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Construction Partners. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.18k | 702.74 | 9.12 |
Key Ratios Snapshot
Some of the financial key ratios for Construction Partners are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.9% | -0.6% | 4.0% |
| FCF Margin | ROE | ROA |
| 1.7% | 7.9% | 3.1% |
Share Price
On Wednesday, CONSTRUCTION PARTNERS revealed their earnings for the quarter. The stock opened at $42.6 and closed at $43.3, an increase of 2.0% from its prior closing price of 42.5. Investors are expecting positive news after a successful quarter, and analysts have positive reviews on the company’s overall performance. This is an exciting time for the company, and its shareholders are eagerly awaiting the results. Live Quote…
Analysis – Construction Partners Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of CONSTRUCTION PARTNERS‘s fundamentals. Our proprietary Valuation Line indicated that the intrinsic value of CONSTRUCTION PARTNERS share is around $39.2. However, the stock is currently trading at $43.3, making it a fair price that is slightly overvalued by 10.6%. More…
Peers
The company has been in business for over 20 years and has a solid reputation in the industry. Construction Partners Inc. is headquartered in the United States and has operations in Canada, Europe, and Asia. The company’s competitors include Tan Ky Construction And Real Estate Trading Corp, Chiangmai Rimdoi PCL, Hebei Construction Group Corp Ltd, and other smaller construction companies.
– Tan Ky Construction And Real Estate Trading Corp ($HNX:TKC)
Chiangmai Rimdoi PCL is a Thailand-based company engaged in the production and distribution of animal feed products. The Company’s products include pig feed, chicken feed, shrimp feed and fish feed. It also provides services for the farming of pigs, chickens, shrimp and fish.
– Chiangmai Rimdoi PCL ($SET:CRD)
Hebei Construction Group Corp Ltd is a Chinese state-owned enterprise that engages in the design, construction, and operation of infrastructure projects. The company has a market cap of 1.22B as of 2022 and a Return on Equity of -2.48%. Hebei Construction Group Corp Ltd is involved in the construction of highways, railways, bridges, tunnels, airports, and other infrastructure projects.
Summary
Construction Partners, Inc. is set to announce its financial results for the first quarter of 2021 on Wednesday. This report will provide insight into the company’s recent performance and indicate whether Construction Partners was able to meet analysts’ expectations. Investors will be looking closely at the company’s gross revenue and profits, as well as any signs of growth or decline in the business. There will also be focus on the effectiveness of the company’s operations, such as cost control, and any new strategic initiatives that might have been implemented.
Analysts will also be interested in the company’s cash position and balance sheet as increasing liquidity is often a sign of a healthy business. As with all investments, investors should ensure they conduct their own due diligence prior to investing, to make sure that the investment is suitable for their individual risk profile and financial goals.
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