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home / news releases / ROAD - Construction Partners: Positioned To Continue Growth But High Valuation Is A Concern

ROAD - Construction Partners: Positioned To Continue Growth But High Valuation Is A Concern

Construction Partners Inc.

2024-07-19 05:30:22 ET

Summary

  • Construction Partners continues to see double-digit topline growth due to strong project activity and government funding.
  • Growth should continue further due to healthy demand and strong backlog levels.
  • Margin prospects also look good, with expected volume growth and operational improvement.
  • Despite a promising growth outlook, the stock is not a buy due to its significant premium valuation versus its historical levels and peers.

The Thesis

For further details see:

Construction Partners: Positioned To Continue Growth, But High Valuation Is A Concern
Stock Information
Company Name: Construction Partners Inc.
Stock Symbol: ROAD
Market: NASDAQ
Website: constructionpartners.net
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