ROAD Stock Gains on Overland Acquisition, Expanding Into Eighth State
| ROAD Stock | USD 89.80 3.38 3.63% |
About 61% of Construction Partners' investor base is looking to short. The current sentiment regarding investing in Construction Partners stock implies that many traders are alarmed. The current market sentiment, together with Construction Partners' historical and current headlines, can help investors time the market. In addition, many technical investors use Construction Partners stock news signals to limit their universe of possible portfolio assets.
Construction |
Construction Partners strengthens its leverage reduction strategy through the acquisition of Overland.
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Construction Partners Fundamental Analysis
We analyze Construction Partners' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Construction Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Construction Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Construction Partners is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Construction Partners Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Construction Partners stock to make a market-neutral strategy. Peer analysis of Construction Partners could also be used in its relative valuation, which is a method of valuing Construction Partners by comparing valuation metrics with similar companies.
Peers
Construction Partners Related Equities
| AMRC | Ameresco | 0.93 | ||||
| KBR | KBR | 0.29 | ||||
| FIX | Comfort Systems | 0.72 | ||||
| MTRX | Matrix Service | 1.15 | ||||
| BLD | Topbuild Corp | 1.30 | ||||
| GVA | Granite Construction | 1.70 | ||||
| EME | EMCOR | 1.87 | ||||
| GLDD | Great Lakes | 2.15 | ||||
| ACA | Arcosa | 2.52 | ||||
| PRIM | Primoris Services | 2.60 | ||||
| TPC | Tutor Perini | 2.89 | ||||
| MYRG | MYR | 3.74 | ||||
| STRL | Sterling Construction | 5.93 |
Complementary Tools for Construction Stock analysis
When running Construction Partners' price analysis, check to measure Construction Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Construction Partners is operating at the current time. Most of Construction Partners' value examination focuses on studying past and present price action to predict the probability of Construction Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Construction Partners' price. Additionally, you may evaluate how the addition of Construction Partners to your portfolios can decrease your overall portfolio volatility.
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