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Construction Partners ( (ROAD) ) has provided an announcement.
At its March 24, 2026 annual meeting, Construction Partners, Inc. reported that holders of 129,770,507 votes, or 97.2% of total voting power as of January 23, 2026, were present or represented by proxy. Stockholders reelected Craig Jennings and Mark R. Matteson as Class II directors, each to serve until the 2029 annual meeting, and ratified RSM US LLP as the company’s independent registered public accounting firm for the fiscal year ending September 30, 2026.
On March 27, 2026, the company announced a dual listing of its Class A common stock on Nasdaq Texas, while retaining its primary listing on The Nasdaq Global Select Market. Trading on Nasdaq Texas is scheduled to begin March 30, 2026 under the existing ROAD ticker, a move that is expected to broaden the stock’s market presence and potentially enhance liquidity for shareholders without altering the primary exchange relationship.
The most recent analyst rating on (ROAD) stock is a Buy with a $126.00 price target. To see the full list of analyst forecasts on Construction Partners stock, see the ROAD Stock Forecast page.
Spark’s Take on ROAD Stock
According to Spark, TipRanks’ AI Analyst, ROAD is a Outperform.
Score is driven primarily by improving financial performance (rapid revenue scale, margin expansion, stronger recent cash flow) and strong technical momentum (price above major moving averages with positive MACD). The biggest constraint is valuation (high 58.36 P/E with no dividend yield provided). Earnings call tone is supportive due to raised FY2026 guidance and strong backlog/cash outlook, tempered by elevated leverage and a Q1 organic-growth shortfall.
To see Spark’s full report on ROAD stock, click here.
More about Construction Partners
Construction Partners, Inc. is a publicly traded company whose Class A common stock is listed on The Nasdaq Global Select Market under the ticker symbol ROAD. The company operates in the construction sector, and its shareholder base exercises significant voting power through Class A and Class B common stock, as reflected in high participation at its annual meetings.
Average Trading Volume: 547,605
Technical Sentiment Signal: Buy
Current Market Cap: $6.2B
For an in-depth examination of ROAD stock, go to TipRanks’ Overview page.