Robert W. Baird analyst Andrew Wittmann maintained a Buy rating on Construction Partners (NASDAQ:ROAD) Inc on Friday, setting a price target of $34, which is approximately 8.07% above the present share price of $31.46.
Wittmann expects Construction Partners Inc to post earnings per share (EPS) of $0.15 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Construction Partners, with an average price target of $34.5.
The analysts price targets range from a high of $35 to a low of $34.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $190.93 million and a net profit of $10.51 million. The company's market cap is $1.63 billion.
According to TipRanks.com, Robert W. Baird analyst Andrew Wittmann is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.5% and a 70.66% success rate.
Construction Partners, Inc. engages in construction of roadways and highways. It acquires road construction companies with services in asphalt production, paving and other construction services for both the public and private sectors. The company was founded by Ned N. Fleming & Charles E. Owens in 1999 and is headquartered in Dothan, AL.