CP

Construction Partners

ROAD
NASDAQIndustrials
$113.87
USD
+8.17(+7.73%)
At close: Jun 12, 20:00 UTC

Open

$113.76

Prev. Close

$113.63

High

$114.28

Low

$113.67

Market Snapshot

Market Cap

$6.44B

P/E Ratio

50.7

EPS

1.09

Revenue

$1.99B

Why ROAD moved

Construction Partners expanded its credit facility to $700 million, enhancing its ability to pursue acquisitions and undertake significant construction projects in the industry.

About

Construction Partners, Inc. is a civil infrastructure company, which engages in the construction and maintenance of roadways and highways. The company is headquartered in Dothan, Alabama and currently employs 1,639 full-time employees. The company went IPO on 2018-05-04. Through its wholly owned subsidiaries, the Company provides a variety of products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports and commercial and residential developments. Its primary operations consist of manufacturing and distributing hot mix asphalt (HMA) for both internal use and sales to third parties in connection with construction projects; paving activities, including the construction of roadway base layers and application of asphalt pavement; site development, including the installation of utility and drainage systems, and mining aggregates, such as sand, gravel and construction stone, that are used as raw materials in the production of HMA and for sales to third parties.

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