Construction Partners Stock Buy Hold or Sell Recommendation
| ROAD Stock | USD 70.77 0.20 0.28% |
Given the investment horizon of 90 days and your highly speculative risk level, our recommendation regarding Construction Partners is 'Hold'. Macroaxis provides Construction Partners buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ROAD positions.
Check out Construction Partners Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide. Note, we conduct extensive research on individual companies such as Construction and provide practical buy, sell, or hold advice based on investors' constraints. Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Construction |
Execute Construction Partners Buy or Sell Advice
The Construction recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Construction Partners. Macroaxis does not own or have any residual interests in Construction Partners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Construction Partners' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Construction Partners Trading Alerts and Improvement Suggestions
| Construction Partners had very high historical volatility over the last 90 days | |
| Construction Partners is unlikely to experience financial distress in the next 2 years | |
| Construction Partners has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from prnewswire.com: SUBARU LEVORG presents 2024 UTSUNOMIYA JAPAN CUP CYCLE ROAD RACE, findet vom 18. bis 20. Oktober 2024 in Utsunomiya statt der Name des Turniers wurde gendert, um Utsunomiya einzuschlieen. |
Construction Partners Returns Distribution Density
The distribution of Construction Partners' historical returns is an attempt to chart the uncertainty of Construction Partners' future price movements. The chart of the probability distribution of Construction Partners daily returns describes the distribution of returns around its average expected value. We use Construction Partners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Construction Partners returns is essential to provide solid investment advice for Construction Partners.
| Mean Return | 0.46 | Value At Risk | -5.21 | Potential Upside | 6.10 | Standard Deviation | 3.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Construction Partners historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Construction Stock Institutional Investors
| Shares | State Street Corp | 2024-06-30 | 978.7 K | Dimensional Fund Advisors, Inc. | 2024-06-30 | 972.4 K | American Century Companies Inc | 2024-06-30 | 949.1 K | Amvescap Plc. | 2024-06-30 | 917.6 K | First Trust Advisors L.p. | 2024-06-30 | 798.6 K | Loomis, Sayles & Company Lp | 2024-06-30 | 764.4 K | Driehaus Capital Management Llc | 2024-06-30 | 569.4 K | Jennison Associates Llc | 2024-06-30 | 529.6 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 527 K | Conestoga Capital Advisors, Llc | 2024-06-30 | 4.1 M | Blackrock Inc | 2024-06-30 | 3.6 M |
Construction Partners Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (1.2M) | (3.9M) | (17.5M) | (7.3M) | (6.6M) | (6.9M) | |
| Investments | 361K | (263.4M) | (197.3M) | (143.4M) | (129.0M) | (135.5M) | |
| Change In Cash | 67.7M | (91.1M) | (21.7M) | 13.5M | 12.2M | 12.8M | |
| Net Borrowings | (13.0M) | 41.9M | 123.8M | 159.2M | 183.1M | 192.2M | |
| Free Cash Flow | 52.6M | (7.8M) | (52.4M) | 59.3M | 53.4M | 56.1M | |
| Depreciation | 40.2M | 45.4M | 65.7M | 79.1M | 91.0M | 95.5M | |
| Other Non Cash Items | 165K | 229K | (4.7M) | (11.6M) | (10.4M) | (9.9M) | |
| Capital Expenditures | 52.6M | 56.3M | 68.9M | 97.8M | 112.5M | 56.4M | |
| Net Income | 40.3M | 20.2M | 21.4M | 49.0M | 56.4M | 37.5M | |
| End Period Cash Flow | 148.3M | 57.3M | 35.6M | 49.1M | 44.2M | 54.9M | |
| Change To Netincome | 1.7M | 5.8M | 2.9M | 9.0M | 10.4M | 10.9M |
Construction Partners Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Construction Partners or Construction & Engineering sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Construction Partners' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Construction stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 2.18 | |
σ | Overall volatility | 3.18 | |
Ir | Information ratio | 0.11 |
Construction Partners Volatility Alert
Construction Partners shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Construction Partners' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Construction Partners' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Construction Partners Fundamentals Vs Peers
Comparing Construction Partners' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Construction Partners' direct or indirect competition across all of the common fundamentals between Construction Partners and the related equities. This way, we can detect undervalued stocks with similar characteristics as Construction Partners or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Construction Partners' fundamental indicators could also be used in its relative valuation, which is a method of valuing Construction Partners by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Construction Partners to competition |
| Fundamentals | Construction Partners | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0552 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 4.19 B | 16.62 B |
| Shares Outstanding | 43.77 M | 571.82 M |
| Shares Owned By Insiders | 1.88 % | 10.09 % |
| Shares Owned By Institutions | 98.11 % | 39.21 % |
| Number Of Shares Shorted | 1.88 M | 4.71 M |
| Price To Earning | 33.55 X | 28.72 X |
| Price To Book | 6.75 X | 9.51 X |
| Price To Sales | 2.12 X | 11.42 X |
| Revenue | 1.56 B | 9.43 B |
| Gross Profit | 139.3 M | 27.38 B |
| EBITDA | 149.41 M | 3.9 B |
| Net Income | 49 M | 570.98 M |
| Cash And Equivalents | 26.08 M | 2.7 B |
| Cash Per Share | 0.50 X | 5.01 X |
| Total Debt | 390.73 M | 5.32 B |
| Debt To Equity | 0.85 % | 48.70 % |
| Current Ratio | 1.91 X | 2.16 X |
| Book Value Per Share | 10.48 X | 1.93 K |
| Cash Flow From Operations | 157.16 M | 971.22 M |
| Short Ratio | 5.12 X | 4.00 X |
| Earnings Per Share | 1.34 X | 3.12 X |
| Price To Earnings To Growth | 2.10 X | 4.89 X |
| Target Price | 69.5 | |
| Number Of Employees | 1.15 K | 18.84 K |
| Beta | 0.67 | -0.15 |
| Market Capitalization | 3.73 B | 19.03 B |
| Total Asset | 1.22 B | 29.47 B |
| Retained Earnings | 246.28 M | 9.33 B |
| Working Capital | 194.24 M | 1.48 B |
Note: Disposition of 776 shares by Smith Fred Julius Iii of Construction Partners at 43.75 subject to Rule 16b-3 [view details]
Construction Partners Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Construction . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Construction Partners Buy or Sell Advice
When is the right time to buy or sell Construction Partners? Buying financial instruments such as Construction Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Construction Partners Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Construction Partners. If investors know Construction will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Construction Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.439 | Earnings Share 1.34 | Revenue Per Share 33.93 | Quarterly Revenue Growth 0.227 | Return On Assets 0.0552 |
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.