Construction Partners Inc (ROAD) PT Raised to $75 at DA Davidson

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Construction Partners, Inc. (ROAD) 30-day option implied volatility flat as share price up 11.5%

October 21, 2024 1:28 PM EDT

Construction Partners, Inc. (NASDAQ: ROAD) 30-day option implied volatility is at 45; compared to its 52-week range of 29 to 57 as share price up 11.5%.

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Construction Partners, Inc. (ROAD) Reports Prelim 2024 Results, 2025 Guidance

October 21, 2024 6:09 AM EDT

Construction Partners, Inc. (NASDAQ: ROAD) today announced preliminary financial results for fiscal year 2024 and introduced fiscal year 2025 outlook ranges.

Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "Today we are announcing our preliminary fiscal 2024 financial results, reflecting a record fourth quarter despite the significant impacts of Hurricanes Debby, Francine, and Helene in August and September. We are pleased with our family of companies' strong operational performance across our 75 Sunbelt markets, as our more than 5,000 employees overcame these... More

Construction Partners, Inc. (ROAD) to Acquire Platform Company in Texas

October 21, 2024 6:01 AM EDT

Construction Partners, Inc. (NASDAQ: ROAD) ("CPI"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has entered into a definitive agreement to acquire Asphalt Inc., LLC d/b/a Lone Star Paving ("Lone Star"), headquartered in Austin, Texas. Lone Star is a vertically integrated asphalt manufacturing and paving company operating in attractive high-growth markets in central... More