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Construction Partners Completes Acquisition of Asphalt Plants

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Construction Partners Completes Acquisition of Asphalt Plants

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Construction Partners ( (ROAD) ) just unveiled an announcement.

On October 6, 2025, Construction Partners, Inc. announced the completion of its acquisition of eight hot-mix asphalt plants in the Houston, Texas metro area from affiliates of Vulcan Materials Company. This acquisition, integrated into Durwood Greene Construction Co., strengthens CPI’s presence in the Houston market, aligning with its strategy to expand its geographic footprint in Texas. The acquisition not only enhances CPI’s production capabilities but also brings in skilled personnel committed to safety and quality, thereby improving service to customers and communities in the rapidly growing Houston area.

The most recent analyst rating on (ROAD) stock is a Buy with a $137.00 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.

Construction Partners demonstrates strong financial performance and technical momentum, supported by strategic acquisitions and a robust earnings call. However, high leverage and a high P/E ratio suggest caution. The stock’s upward trend and operational efficiency are significant positives, but valuation concerns and potential overbought conditions warrant careful monitoring.

To see Spark’s full report on ROAD stock, click here.

More about Construction Partners

Construction Partners, Inc. is a vertically integrated civil infrastructure company operating in local markets throughout the Sunbelt, including Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The company specializes in the construction, repair, and maintenance of surface infrastructure, supported by its hot-mix asphalt plants, aggregate facilities, and liquid asphalt terminals. Its projects are primarily publicly funded, covering local and state roadways, interstate highways, airport runways, and bridges, with additional private sector work for office and industrial parks, shopping centers, and residential developments.

Average Trading Volume: 514,247

Technical Sentiment Signal: Buy

Current Market Cap: $7.05B

For an in-depth examination of ROAD stock, go to TipRanks’ Overview page.

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