Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Construction Partners ( (ROAD) ) has issued an announcement.
Construction Partners, Inc. has successfully closed its acquisition of Lone Star Paving, expanding its operations in the central Texas market. This move is expected to significantly boost the company’s financial outlook for fiscal 2025, with projected revenues ranging from $2.48 billion to $2.58 billion and an improved Adjusted EBITDA margin. The acquisition aligns with the company’s strategic ROAD-Map 2027 plan, aiming to enhance long-term value for investors by integrating Lone Star’s operations and leveraging its growth potential.
See more insights into ROAD stock on TipRanks’ Stock Analysis page.
