Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is Construction Partners (ROAD) one of those stocks right now? By taking a look at the stock's yearto-date performance in comparison to its Construction peers, we might be able to answer that question. Construction Partners is a member of the Construction sector. This group includes 91 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 diff ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with th ...

Investors might want to bet on Construction Partners (ROAD) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. I ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...

Construction Partners, Inc. (ROAD) reported solid third-quarter fiscal 2024 (ended Jun 30, 2024) results, with earnings and revenues surpassing the Zacks Consensus Estimate and increased on a year-over-year basis. The company's quarterly result reflects a strong demand environment across more than 70 local markets in the Southeast. Owing to strong industry demand and favorable funding trends, the company raised its fiscal 2024 outlook. ROAD focuses on safely and efficiently building projects across six sout ...

财务数据和关键指标变化 - 第三季度收入同比增长23%,其中13%为有机增长 [11] - 第三季度毛利同比增长30% [20] - 第三季度净利润同比增长42.4% [21] - 第三季度调整后EBITDA同比增长30.5%,EBITDA利润率为14.1% [21] - 截至6月30日的在手订单为18.6亿美元,较上一季度有所增加 [21] 各条业务线数据和关键指标变化 - 公司在公共和私营市场均保持稳定需求,公共项目订单量持续强劲 [12] - 制造业、企业场地开发、大型经济发展项目和住宅等领域需求持续旺盛 [12] 各个市场数据和关键指标变化 - 公共项目订单量保持强劲,得益于各州、地方和联邦层面的健康资金计划 [12] - 私营市场需求稳定,尤其是制造业、企业场地开发等领域 [12][29] - 住宅市场保持平稳,未出现大幅波动 [30][31] 公司战略和发展方向及行业竞争 - 公司通过收购拓展新市场,提升市场份额和产能,并带动未来有机增长 [13][14][15] - 公司保持收购整合的耐心和专注,寻找最佳战略性收购标的 [16] - 公司看好未来发展前景,基于区域市场健康、收购整合策略以及人才队伍建设 [17][18] 管理层对经营环境和未来前景的评论 - 经营环境稳定,公共和私营市场需求持续旺盛 [12] - 公司有信心实现2027年收入和利润目标,保持乐观态度 [17][18] 其他重要信息 - 公司员工的出色表现是本季度成功的关键因素 [10] - 公司持续关注成本控制和生产效率提升,是实现利润率目标的关键 [38][40][56]

财务业绩 - 公司合计收入为5.18亿美元，同比增长22.7%[193] - 公司调整后EBITDA为7,323.5万美元，同比增长30.6%[191] - 公司调整后EBITDA利润率为14.1%，同比提升0.8个百分点[191] - 公司净利润为3,090.8万美元，同比增长42.5%[191] - 2024年第二季度收入同比增长22.7%至5.178亿美元[194] - 2024年第二季度毛利同比增长30.3%至8.349亿美元[196] - 2024年第二季度管理费用同比增长20.8%至3.893亿美元[197] - 2024年第二季度净利润同比增长42.6%至3.091亿美元[201] - 2024年前九个月收入同比增长18.1%至12.857亿美元[204] - 2024年前九个月毛利同比增长44.1%至17.417亿美元[205] - 2024年前九个月管理费用同比增长18.9%至11.166亿美元[206] - 2024年前九个月净利润同比增长119.1%至3.963亿美元[211] - 2024年第二季度调整后EBITDA同比增长30.5%至7.324亿美元[202] - 2024年前九个月调整后EBITDA同比增长38.4%至14.357亿美元[211] - 净收入增加2150万美元至3960万美元[211] - 调整后EBITDA和调整后EBITDA利润率分别为1.436亿美元和11.2%[212] 业务拓展 - 公司完成两项收购，在佐治亚州和北卡罗来纳州扩大了业务[180] - 公司合同在手订单总额为19亿美元[179] - 公司公共项目订单占总订单的79%[177][179] - 公司私人项目订单占总订单的21%[178][179] 资本运作 - 公司启动了4,000万美元的股票回购计划[181][182] - 公司宣布启动最高40亿美元的股票回购计划[227] - 公司预计2024财年资本支出将在9000万美元至9500万美元之间[226] - 公司有479.35亿美元的债务到期计划[232] - 公司面临利率风险,每增加1%利率将使年利息费用增加480万美元[234] - 公司有8.5亿美元的未使用信用额度[222] - 公司2024年6月30日的债务本金支付、利息支付和公允价值情况[235] - 公司2024年6月30日有3亿美元的利率掉期合同,到期日为2027年6月30日,公允价值为2050万美元[237] - 公司2024年6月30日的浮动利率债务利息支付预计为8305万美元[236] - 公司2024年6月30日的定期贷款本金支付为5312万美元[235] 经营风险 - 近年来通胀、供应链和工资上涨压力对公司生产成本造成重大影响,公司通过提高产品价格或在投标时预计价格上涨来应对[238] 现金流 - 经营活动产生的现金流量净额为1.132亿美元[213] - 投资活动使用的现金流量净额为1.991亿美元[218] - 融资活动产生的现金流量净额为9530万美元[220]

Construction Partners (ROAD) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.26%. A quarter ago, it was expected that this road and highway construction company would post a loss of $0.07 per share when it actually produced a loss of $0.02, delivering a surprise of 71.43%. Over the ...

财务业绩 - 第三季度收入同比增长22.7%至5.178亿美元[4] - 第三季度净利润同比增长42.4%至3.09亿美元[7] - 第三季度调整后EBITDA同比增长30.5%至7.32亿美元[8] - 营业收入达到5.18亿美元，较上年同期增加22.7%[29] - 调整后EBITDA达到7,323.5万美元，较上年同期增加30.6%[29] - 调整后EBITDA利润率为14.1%，较上年同期提高0.8个百分点[29] 订单情况 - 截至2024年6月30日的在手订单达到18.6亿美元创历史新高[8] 业务展望 - 公司上调2024财年收入、净利润和调整后EBITDA指引[11][12][13] - 预计2024财年全年营业收入在18.35-18.6亿美元之间，调整后EBITDA在2.19-2.28亿美元之间[31] - 预计2024财年调整后EBITDA利润率在11.9%-12.3%之间[31] 业务驱动因素 - 公司表示公共基础设施建设资金持续增加以及东南地区商业项目环境稳定,推动公司业务持续增长[14] - 公司通过收购和内生增长并举,提高了市场份额并获得规模效益[14] - 公司表示这种稳定可持续的增长轨迹将继续为所有利益相关方创造价值[14] - 公司表示将继续专注于有机增长,第三季度有13%的有机增长[9] - 公司表示将继续致力于实现ROAD-Map 2027目标[9] 财务状况 - 公司总资产达到14.32亿美元，较上年同期增加17.4%[23] - 现金及现金等价物达到5.63亿美元，较上年同期增加16.7%[23] - 合同应收款净额达到3.41亿美元，较上年同期增加12.2%[23] - 存货达到1.05亿美元，较上年同期增加24.4%[23] - 商誉达到2亿美元，较上年同期增加25.8%[23]

The market expects Construction Partners (ROAD) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 9, 2024, might help the stock move higher if these key num ...